Hanover Insurance PE ratio THG

Share price divided by earnings per share over the last twelve months, since 2012.

Today, Oct 23, 2026: 11.4×
10-year median: 14.4×
Against its 10-year history: 20th; percentile: 0 is its lowest day, 100 its highest
10-year range: 8.1× to 143×
Peer median: 9.5×

Hanover Insurance's PE ratio is 11.4× as of Oct 23, 2026: a share price of $237.73 against $20.92 of earnings per share over the last twelve months.

That is below its ten-year median of 14.4×, lower than on 80% of days in the last ten years.

Over that time it ranged from 8.1× in Apr 2020 to 143× in Mar 2024.

The median for 10 property and casualty insurers of a similar size is 9.5×.

PE ratio over time

median 14.4×

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

Year	End of year	Low	High
2026 so far	11.4×	9.3×	11.4×
2025	10.6×	9.9×	16.4×
2024	15.3×	14.7×	143×
2023	37.2×	16.0×	43.4×
2022	16.7×	11.4×	18.2×
2021	11.5×	9.6×	15.2×
2020	14.9×	8.1×	17.1×
2019	12.9×	11.5×	15.9×
2018	15.1×	14.7×	40.8×
2017	38.3×	14.7×	38.3×
2016	16.1×	10.1×	16.2×
2015	10.6×	10.3×	12.6×
2014	12.3×	10.1×	22.1×
2013	21.3×	11.2×	41.4×
2012	10.8×	9.8×	50.1×

Against its peers

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

Company	PE ratio
THGHanover Insurance	11.4×
KNSLKinsale Capital	14.8×
AXSAxis Capital	7.3×
RLIRLI	15.1×
SIGISelective Insurance	11.6×
MCYMercury General	6.1×
AFGAmerican Financial	13.2×
WTMWhite Mountains Insurance	5.1×
CNACNA Financial	10.6×
RNRRenaissancere	6.0×
EGEverest	8.4×
Peer median	9.5×

Where Hanover Insurance ranks

#28of 45Property and casualty insurers with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Hanover Insurance

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.