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Mercury General price to book ratio MCY

Market value divided by the book value of the company's net assets, since 2010.

Today, Oct 23, 2026
2.0×
10-year median
1.6×
Against its 10-year history
84th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.9× to 2.4×
Peer median
2.2×

Mercury General's price to book ratio is 2.0× as of Oct 23, 2026.

That is above its ten-year median of 1.6×, higher than on 84% of days in the last ten years.

Over that time it ranged from 0.9× in Oct 2022 to 2.4× in Oct 2025.

The median for 10 property and casualty insurers of a similar size is 2.2×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far2.0×1.9×2.4×
20252.3×1.4×2.4×
20242.0×1.5×2.3×
20231.5×1.1×1.6×
20221.2×0.9×1.5×
20211.4×1.3×1.8×
20201.5×1.1×1.6×
20191.5×1.5×2.1×
20181.6×1.4×1.9×
20171.7×1.6×1.9×
20161.8×1.3×1.8×
20151.4×1.4×1.7×
20141.6×1.3×1.6×
20131.5×1.1×1.5×
20121.2×1.1×1.4×
20111.4×1.1×1.4×
20101.3×1.2×1.3×

Against its peers

Companies in Insurance - Property & Casualty nearest Mercury General's size, closest first, today.

CompanyPrice to book ratio
MCYMercury General2.0×
SIGISelective Insurance1.7×
RLIRLI3.5×
WTMWhite Mountains Insurance1.0×
AXSAxis Capital1.2×
THGHanover Insurance2.3×
KNSLKinsale Capital4.1×
PLMRPalomar3.8×
SLDESlide Insurance2.8×
SPNTSiriusPoint1.3×
SKWDSkyward Specialty Insurance2.1×
Peer median2.2×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Mercury General

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.