THG Hanover Insurance Group PE ratio, current and historical analysis
As of Feb 21, 2025, the THG stock has a PE ratio of 15.33. The calculation is based on the latest EPS of $10.21 and the stock price of $156.57 per share. A decrease of 67% has been observed in the PE ratio compared to its average of 45.9 of the last four quarters.
THG PE ratio history
The mean historical PE ratio of Hanover Insurance Group over the last ten years is 19.5. The current 15.33 P/E ratio is 21% lower 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.
Hanover Insurance Group PE ratio by year
Maximum annual increase: 272.42% in 2022
Maximum annual decrease: -89.4% in 2009
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 122.65 | 195.9% | $121.42 | $0.99 |
| 2022 | 41.45 | 272.42% | $135.13 | $3.26 |
| 2021 | 11.13 | -9.36% | $131.06 | $11.78 |
| 2020 | 12.28 | -4.58% | $116.92 | $9.52 |
| 2019 | 12.87 | 1.5% | $136.67 | $10.62 |
| 2018 | 12.68 | -48.62% | $116.77 | $9.21 |
| 2017 | 24.68 | -1.56% | $108.08 | $4.38 |
| 2016 | 25.07 | 132.78% | $91.01 | $3.63 |
| 2015 | 10.77 | -3.23% | $81.34 | $7.55 |
| 2014 | 11.13 | 6.2% | $71.32 | $6.41 |
| 2013 | 10.48 | -66.18% | $59.71 | $5.7 |
| 2012 | 30.99 | -28.18% | $38.74 | $1.25 |
| 2011 | 43.15 | 206.68% | $34.95 | $0.81 |
| 2010 | 14.07 | 23.53% | $46.72 | $3.32 |
| 2009 | 11.39 | -89.4% | $44.43 | $3.9 |
Hanover Insurance Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 14.51 | -11.95% | $148.11 | $10.21 |
| Jun 2024 | 16.48 | -45.05% | $125.44 | $7.61 |
| Mar 2024 | 29.99 | -75.55% | $136.17 | $4.54 |
| Dec 2023 | 122.65 | N/A | $121.42 | $0.99 |
| Sep 2023 | N/A | N/A | $110.98 | -$2.38 |
| Jun 2023 | N/A | N/A | $113.03 | -$2.61 |
| Mar 2023 | N/A | N/A | $128.5 | -$0.03 |
| Dec 2022 | 41.45 | 168.11% | $135.13 | $3.26 |
| Sep 2022 | 15.46 | -2.46% | $128.14 | $8.29 |
| Jun 2022 | 15.85 | 28.97% | $146.25 | $9.23 |
| Mar 2022 | 12.29 | 10.42% | $149.52 | $12.17 |
| Dec 2021 | 11.13 | -1.33% | $131.06 | $11.78 |
| Sep 2021 | 11.28 | 13.82% | $129.62 | $11.49 |
| Jun 2021 | 9.91 | 0.61% | $135.64 | $13.69 |
| Mar 2021 | 9.85 | -19.79% | $129.46 | $13.14 |
THG average PE ratio chart
THG's current PE ratio is lower than its 3, 5 and 10-year averages.
THG PE vs peers
THG's PE ratio stands lower than its peer stocks WRB and SIGI, but it is higher than MKL's and AFG's. Hanover Insurance Group's current PE ratio of 15.33 is higher than the average of its peers, which is 13.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MKL Markel Corp | 8.47 | $23.64B |
| HCC Warrior Met Coal Inc | 9.65 | $2.43B |
| AFG American Financial Group Inc | 11.23 | $10.06B |
| THG Hanover Insurance Group Inc | 15.33 | $5.64B |
| WRB Berkley W R Corp | 15.47 | $23.23B |
| SIGI Selective Insurance Group Inc | 24.15 | $4.77B |
| OB Outbrain Inc | 75.88 | $301.37M |
Frequently asked questions
What is Hanover Insurance Group's PE ratio?
THG's price to earnings ratio is 15.33 as of Feb 21, 2025.
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 33.59.
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 22.6.
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 21% below 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 (Feb 21, 2025), Hanover Insurance Group's share price is $156.57. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $10.21. Therefore, Hanover Insurance Group's PE ratio for today is 15.33. PE RATIO(15.33) = STOCK PRICE($156.57) / TTM EPS($10.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.