P/E ratio for Hanover Insurance Group (THG)

P/E ratio history for Hanover Insurance Group from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Selective Insurance SIGI	18.1	-127.59%	🇺🇸 USA
XL Fleet XL	-2.48	-96.22%	🇺🇸 USA
W. R. Berkley WRB	11.7	-117.87%	🇺🇸 USA
Alleghany Y	49.2	-175.04%	🇺🇸 USA
American Financial Group AFG	13.6	-120.71%	🇺🇸 USA
Markel MKL	12.5	-119.13%	🇺🇸 USA
Warrior Met Coal HCC	6.27	-109.56%	🇺🇸 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.