Hanover Insurance (THG) fundamentals: P/E, valuation, undervalued?
Hanover Insurance · Financials · ref. ETF XLF · price $227.66
In short — Hanover Insurance trades at 10.9× earnings (P/E), 11.7× forward, with a net margin of 11.2 % and revenue growth of +4 %. Read: Cheap for the growth (P/E 12 for ~25% growth (PEG 0.5)).
Is Hanover Insurance stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$227.66+31.3% over range
Aug 28, 25low $167.57 · high $232.63Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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Hold
29% recommend buying · 7 analysts
Valuation : Cheap for the growth — P/E 12 for ~25% growth (PEG 0.5)
Valuation
10.9
P/E (price/earnings)
11.7
Forward P/E
0.44
PEG
2.2
Price/book (P/B)
$7.9B
Market cap
20.90
EPS
Profitability & growth
11.2 %
Net margin
+4 %
Revenue growth
+25 %
Earnings growth
$844M
Total debt
Hanover Insurance income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $5.5B | $116M | 2.1 % |
| 2023 | $5.8B | $35M | 0.6 % |
| 2024 | $6.1B | $426M | 7.0 % |
| 2025 | $6.3B | $663M | 10.5 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Hanover Insurance's P/E and is the stock undervalued? What's a good P/E?
Hanover Insurance's P/E is 10.9 (forward 11.7). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Hanover Insurance profitable?
Hanover Insurance has a net margin of 11.2 % (EPS 20.90). The company is profitable.
Is THG stock expensive?
Our read: "Cheap for the growth" — P/E 12 for ~25% growth (PEG 0.5). Cross-check with growth and sector.
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