Hanover Insurance Group
THG
#2650
Rank
NZ$11.01 B
Marketcap
NZ$307.81
Share price
-0.36%
Change (1 day)
12.06%
Change (1 year)

P/E ratio for Hanover Insurance Group (THG)

P/E ratio as of December 2025 (TTM): 10.3

According to Hanover Insurance Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2637. At the end of 2024 the company had a P/E ratio of 13.1.

P/E ratio history for Hanover Insurance Group from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202413.1-89.5%
2023125220.88%
202238.8275.96%
202110.3-5.08%
202010.9-2.9%
201911.29.37%
201810.2-47.66%
201719.6
20158.13-1.23%
20148.249.26%
20137.54-66.13%
201222.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Selective Insurance
SIGI
11.8 15.31%๐Ÿ‡บ๐Ÿ‡ธ USA
XL Fleet
XL
-2.48-124.15%๐Ÿ‡บ๐Ÿ‡ธ USA
W. R. Berkley
WRB
14.0 36.52%๐Ÿ‡บ๐Ÿ‡ธ USA
Alleghany
Y
49.2 379.40%๐Ÿ‡บ๐Ÿ‡ธ USA
American Financial Group
AFG
13.9 35.29%๐Ÿ‡บ๐Ÿ‡ธ USA
Markel Group
MKL
12.8 25.14%๐Ÿ‡บ๐Ÿ‡ธ USA
Warrior Met Coal
HCC
123 1,103.06%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.