THG
Hanover Insurance Group
PEG ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: THG
- PEG Ratio
THG currently shows a PEG ratio reading of 0.29 as of Jul 31, 2026. Dividing the 10.9 PE ratio by the 38.2% earnings growth rate produces this figure. When benchmarked against the trailing 4-quarter average of 0.18, THG's PEG ratio reflects a 63% increase.
THG PEG ratio history
A nine years lookback reveals an average PEG ratio of 0.28 for Hanover Insurance Group. Compared to historical data, THG's 0.29 PEG ratio represents an increase of 3.6%. The nine years high came in the Jun 2018 quarter at 1.42, reflecting peak valuation relative to growth. The bottom was reached in the Mar 2024 quarter at 0, suggesting favorable value relative to growth during that period.
Hanover Insurance Group PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.18 | 9.88 | 56.1% |
| 2024 | 0.01 | 13.05 | 1,097% |
| 2023 | N/A | 122.65 | -69.6% |
| 2022 | N/A | 41.45 | -72.3% |
| 2021 | 0.47 | 11.13 | 23.7% |
| 2020 | N/A | 12.28 | -10.4% |
| 2019 | 0.84 | 12.87 | 15.3% |
| 2018 | 0.11 | 12.68 | 110.3% |
| 2017 | 1.19 | 24.68 | 20.7% |
| 2016 | N/A | 25.07 | -51.9% |
| 2015 | 0.61 | 10.77 | 17.8% |
| 2014 | 0.89 | 11.13 | 12.5% |
| 2013 | 0.03 | 10.48 | 356% |
| 2012 | 0.57 | 30.99 | 54.3% |
| 2011 | N/A | 43.15 | -75.6% |
Hanover Insurance Group PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.26 | 10.03 | 38.2% |
| Mar 2026 | 0.13 | 8.57 | 65.8% |
| Dec 2025 | 0.18 | 9.88 | 56.1% |
| Sep 2025 | 0.14 | 10.33 | 72.3% |
| Jun 2025 | 0.11 | 11 | 102.9% |
| Mar 2025 | 0.08 | 14.26 | 168.7% |
| Dec 2024 | 0.01 | 13.05 | 1,097% |
| Sep 2024 | 0.03 | 14.51 | 529% |
| Jun 2024 | 0.04 | 16.48 | 391.6% |
| Mar 2024 | 0 | 29.99 | 15,233.3% |
| Dec 2023 | N/A | 122.65 | -69.6% |
| Sep 2023 | N/A | N/A | -128.7% |
| Jun 2023 | N/A | N/A | -128.3% |
| Mar 2023 | N/A | N/A | -100.2% |
| Dec 2022 | N/A | 41.45 | -72.3% |
THG average PEG ratio chart
When comparing to historical data, THG's PEG ratio is above the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.29, THG ranks lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 0.48, Hanover Insurance Group's PEG is 40% lower.
THG EPS growth
THG Price vs fair value
THG PEG vs peers
THG carries a PEG ratio lower than that of peer stocks WRB and MKL. With a PEG ratio of 0.29, Hanover Insurance Group sits lower than the 1.03 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| THG Hanover Insurance Group Inc | 0.29 | $8.12B |
| SIGI Selective Insurance Group Inc | 0.37 | $5.69B |
| HCC Warrior Met Coal Inc | 1.01 | $4.24B |
| MKL Markel Group Inc | 1.13 | $23.17B |
| AFG American Financial Group Inc | 1.29 | $11.8B |
| WRB W.R. Berkley Corp | 1.39 | $26.83B |
| TEAD Teads Holding Co. | N/A | $75.28M |
Frequently asked questions
What is Hanover Insurance Group's PEG ratio?
According to Jul 31, 2026 figures, THG's PEG ratio stands at 0.29.
What is the 3-year average PEG ratio for Hanover Insurance Group (THG)?
Historical data over a 3-year period puts THG's average PEG ratio at 0.1.
What is the 5-year average PEG ratio for Hanover Insurance Group (THG)?
Historical data over a 5-year period puts THG's average PEG ratio at 0.14.
What is the highest PEG ratio for THG?
THG's PEG ratio topped out at 1.42 during the Jun 2018 quarter - the highest in nine years.
How does the current PEG ratio for THG compare to its historical average?
Compared to the 9-year average, THG's PEG ratio sits 3.6% higher.
Why is Hanover Insurance Group's PEG ratio so low?
Rapid earnings expansion combined with a modest valuation gives THG a PEG ratio of 0.29.
How is THG's PEG ratio calculated (Hanover Insurance Group PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Jul 31, 2026, Hanover Insurance Group carries a PE ratio of 10.9. Earnings grew at 38.2% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 0.29. PEG RATIO(0.29) = PE RATIO(10.9) / EPS GROWTH(38.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.