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The Hanover Insurance Group (The Hanover Insurance Group) Book Value per Share : $68.87 (As of Dec. 2023)


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What is The Hanover Insurance Group Book Value per Share?

The Hanover Insurance Group's book value per share for the quarter that ended in Dec. 2023 was $68.87.

During the past 12 months, The Hanover Insurance Group's average Book Value Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Hanover Insurance Group was 14.70% per year. The lowest was -7.80% per year. And the median was 3.50% per year.

The Hanover Insurance Group's current price is $129.59. Its book value per share for the quarter that ended in Dec. 2023 was $68.87. Hence, today's PB Ratio of The Hanover Insurance Group is 1.88.

During the past 13 years, the highest P/B Ratio of The Hanover Insurance Group was 2.29. The lowest was 0.79. And the median was 1.44.


The Hanover Insurance Group Book Value per Share Historical Data

The historical data trend for The Hanover Insurance Group's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Hanover Insurance Group Book Value per Share Chart

The Hanover Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.94 88.01 88.59 65.55 68.87

The Hanover Insurance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.55 66.92 62.51 59.12 68.87

Competitive Comparison of The Hanover Insurance Group's Book Value per Share

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hanover Insurance Group's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Hanover Insurance Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where The Hanover Insurance Group's PB Ratio falls into.



The Hanover Insurance Group Book Value per Share Calculation

The Hanover Insurance Group's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,466-0)/36
=68.87

The Hanover Insurance Group's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,466-0)/36
=68.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


The Hanover Insurance Group  (NYSE:THG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


The Hanover Insurance Group Book Value per Share Related Terms

Thank you for viewing the detailed overview of The Hanover Insurance Group's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The Hanover Insurance Group (The Hanover Insurance Group) Business Description

Traded in Other Exchanges
Address
440 Lincoln Street, Worcester, MA, USA, 01653
The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines and Other. The company operates an investment portfolio that is primarily exposed to fixed-income securities.
Executives
Jane D Carlin director C/O PHH CORPORATION, 3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
David John Lovely officer: Executive Vice President 440 LINCOLN STREET, WORCESTER MA 01653
Mark Joseph Welzenbach officer: Senior Vice President C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET (S-316), WORCESTER MA 01653
Elizabeth A Ward director 440 LINCOLN STREET, WORCESTER MA 01653
Francisco Aristeguieta director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
John C Roche officer: Vice President C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Warren E Barnes officer: Vice President of Subsidiary THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Richard W Lavey officer: Vice President of Subsidiary THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Jeffrey M Farber officer: Executive Vice President C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Willard T Lee officer: Senior Vice President 440 LINCOLN STREET, WORCESTER MA 01653
Bryan J Salvatore officer: Executive Vice President 440 LINCOLN STREET, N435, WORCESTER MA 01653
J Paul Condrin director 440 LINCOLN STREET, WORCESTER MA 01653
Bunting Theodore H Jr director P. O. BOX 61000, NEW ORLEANS LA 70161
Martin P Hughes director C/O HUB INTERNATIONAL LIMITED, 55 EAST JACKSON BLVD, CHICAGO IL 60604
Dennis Francis Kerrigan officer: Executive Vice President 440 LINCOLN STREET, E-10, WORCESTER MA 01653