As of May 17, 2024, the THG stock has a PE ratio of 30.3. The calculation is based on the latest EPS of $4.54 and the stock price of $137.56 per share.
The mean historical PE ratio of Hanover Insurance Group over the last ten years is 18.99. The current 30.3 P/E ratio is 60% 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.
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's current PE ratio is higher than the 3, 5 and 10-year averages.
THG's PE ratio stands higher than its peer stocks MKL and WRB. Hanover Insurance Group's current PE ratio of 30.3 is higher than the average of its peers, which is 13.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HCC Warrior Met Coal Inc | 7.76 | $3.38B |
| MKL Markel Corp | 8.97 | $21.63B |
| AFG American Financial Group Inc | 12.76 | $11.2B |
| WRB Berkley W R Corp | 13.94 | $20.28B |
| SIGI Selective Insurance Group Inc | 17.15 | $5.94B |
| OB Outbrain Inc | 23.05 | $236.4M |
| THG Hanover Insurance Group Inc | 30.3 | $4.94B |
THG's price to earnings ratio is 30.3 as of May 17, 2024.
Over the last 3 years, the average price to earnings ratio for THG stock is 30.0.
Over the last 5 years, the average price to earnings ratio for THG stock is 21.7.
Over the last ten years, the Dec 2023 quarter recorded the highest quarterly PE ratio at 122.65.
THG's current price to earnings ratio is 60% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 17, 2024), Hanover Insurance Group's share price is $137.56. 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 30.3. PE RATIO(30.3) = STOCK PRICE($137.56) / TTM EPS($4.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.