Mercury General is trading with a PEG ratio of 0.04, based on Jun 23, 2026 data. Dividing the 7.02 PE ratio by the 194.0% earnings growth rate yields this valuation metric.
Historically, Mercury General shows a PEG ratio averaging 0.64 across the past ten years. At 0.04, today's PE to growth ratio sits 94% below its historical average. The ten years high occurred in the Mar 2017 quarter at 5.63, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2019 quarter at 0, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.62 | 9.63 | 15.6% |
| 2024 | 0.02 | 7.87 | 385.6% |
| 2023 | 0.18 | 21.44 | 118.8% |
| 2022 | N/A | N/A | -306.7% |
| 2021 | N/A | 11.84 | -33.8% |
| 2020 | 0.45 | 7.71 | 17.1% |
| 2019 | 0 | 8.43 | 5,880% |
| 2018 | N/A | N/A | -103.8% |
| 2017 | 0.21 | 20.4 | 98.5% |
| 2016 | N/A | 45.61 | -2.2% |
| 2015 | N/A | 34.5 | -58.2% |
| 2014 | 0.3 | 17.54 | 58.3% |
| 2013 | N/A | 24.37 | -4.2% |
| 2012 | N/A | 18.63 | -39% |
| 2011 | 0.51 | 13.07 | 25.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.03 | 5.81 | 194% |
| Dec 2025 | 0.62 | 9.63 | 15.6% |
| Sep 2025 | N/A | 10.69 | -21.4% |
| Jun 2025 | 0.44 | 9.57 | 22% |
| Mar 2025 | 0.33 | 10.83 | 32.6% |
| Dec 2024 | 0.02 | 7.87 | 385.6% |
| Sep 2024 | 0.01 | 6.24 | 648.4% |
| Jun 2024 | 0.03 | 9.21 | 266.3% |
| Mar 2024 | 0.08 | 13.26 | 159.7% |
| Dec 2023 | 0.18 | 21.44 | 118.8% |
| Sep 2023 | N/A | N/A | 78.6% |
| Jun 2023 | N/A | N/A | 48.9% |
| Mar 2023 | N/A | N/A | -539.2% |
| Dec 2022 | N/A | N/A | -306.7% |
| Sep 2022 | N/A | N/A | -223.8% |
When comparing to historical values, MCY's PEG ratio is below the 3, 5 and 10-year averages.
Mercury General's PEG of 0.04 is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 0.47, Mercury General's PEG is 91% lower.
Compared to its peers, MCY has a PEG ratio under stock PGR, while above ALL's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ALL Allstate Corp | 0.02 | $59.61B |
| MCY Mercury General Corp | 0.04 | $5.9B |
| PGR Progressive Corp | 0.33 | $126.04B |
| SAFT Safety Insurance Group Inc | N/A | $1.07B |
| ERIE Erie Indemnity Co | N/A | $10.21B |
MCY shows a PEG ratio of 0.04, per Jun 23, 2026 data.
MCY's 3-year PEG ratio average stands at 0.19.
MCY's 5-year PEG ratio average stands at 0.17.
The Mar 2017 quarter marked the ten years high at 5.63 for MCY's PEG ratio.
Compared to the 10-year average, MCY's PEG ratio is 94% lower.
Strong earnings growth relative to valuation produces MCY's low PEG ratio of 0.04.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jun 23, 2026, Mercury General has a P/E ratio of 7.02. Earnings grew at 194.0% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.04. PEG RATIO(0.04) = PE RATIO(7.02) / EPS GROWTH(194.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.