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THG Hanover Insurance Group PE ratio, current and historical analysis

As of Jul 26, 2024, the THG stock has a PE ratio of 29.64. The calculation is based on the latest EPS of $4.54 and the stock price of $134.57 per share.

THG PE ratio history

How has THG's PE ratio performed in the past

The mean historical PE ratio of Hanover Insurance Group over the last ten years is 19.23. The current 29.64 P/E ratio is 54% higher than the historical average. Looking back at the last ten years, THG's PE ratio peaked in the Dec 2023 quarter at 122.65, with a price of $121.42 and an EPS of $0.99. The Mar 2021 quarter marked the lowest point at 9.85, with a price of $129.46 and an EPS of $13.14.

Average
19.23
Median
12.78
Minimum
9.85
Maximum
122.65

Hanover Insurance Group PE ratio by year

Maximum annual increase: 272.42% in 2022

Maximum annual decrease: -48.62% in 2018

Year PE ratio Change
2023 122.65 195.9%
2022 41.45 272.42%
2021 11.13 -9.36%
2020 12.28 -4.58%
2019 12.87 1.5%
2018 12.68 -48.62%
2017 24.68 -1.56%
2016 25.07 132.78%
2015 10.77 -3.23%
2014 11.13 6.2%

THG average PE ratio chart

What is the average PE ratio of THG for the past years

THG's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.

3-year avg
32.51
5-year avg
22.26
10-year avg
19.23
15-year avg
19.16

THG PE vs peers

What is THG's PE ratio compared to its peers

THG's PE ratio stands higher than its peer stocks MKL and WRB. Hanover Insurance Group's current PE ratio of 29.64 is higher than the average of its peers, which is 13.85.

Stock name PE ratio Market cap
HCC Warrior Met Coal Inc 8.34 $3.63B
MKL Markel Corp 8.71 $20.99B
AFG American Financial Group Inc 12.23 $10.73B
WRB Berkley W R Corp 14.27 $20.74B
SIGI Selective Insurance Group Inc 15.99 $5.54B
OB Outbrain Inc 23.57 $241.77M
THG Hanover Insurance Group Inc 29.64 $4.84B

Frequently asked questions

What is Hanover Insurance Group's PE ratio?

THG's price to earnings ratio is 29.64 as of Jul 26, 2024.

What is the 3-year average PE ratio for Hanover Insurance Group (THG)?

Over the last 3 years, the average price to earnings ratio for THG stock is 32.51.

What is the 5-year average PE ratio for Hanover Insurance Group (THG)?

Over the last 5 years, the average price to earnings ratio for THG stock is 22.26.

What is the highest PE ratio for THG?

Over the last ten years, the Dec 2023 quarter recorded the highest quarterly PE ratio at 122.65.

How does the current PE ratio for THG compare to its historical average?

THG's current price to earnings ratio is 54% above its 10-year historical average.

How is THG's PE ratio calculated (Hanover Insurance Group PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), Hanover Insurance Group's share price is $134.57. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.54. Therefore, Hanover Insurance Group's PE ratio for today is 29.64. PE RATIO(29.64) = STOCK PRICE($134.57) / TTM EPS($4.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.