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The Hanover Insurance Group (The Hanover Insurance Group) Median PS Value : $151.17 (As of Apr. 30, 2024)


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What is The Hanover Insurance Group Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. The Hanover Insurance Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $164.857. The Hanover Insurance Group's 10-Year median PS Ratio is 0.917. Therefore, the Median PS Value for today is $151.17.

As of today (2024-04-30), The Hanover Insurance Group's share price is $129.98. The Hanover Insurance Group's Median PS Value is $151.17. Therefore, The Hanover Insurance Group's Price to Median PS Value for today is 0.86.

The historical rank and industry rank for The Hanover Insurance Group's Median PS Value or its related term are showing as below:

THG' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.8   Med: 1.23   Max: 1.61
Current: 0.86

During the past 13 years, the highest Price to Median PS Value of The Hanover Insurance Group was 1.61. The lowest was 0.80. And the median was 1.23.

THG's Price-to-Median-PS-Value is ranked better than
59.48% of 306 companies
in the Insurance industry
Industry Median: 0.975 vs THG: 0.86

The Hanover Insurance Group Median PS Value Historical Data

The historical data trend for The Hanover Insurance Group's Median PS Value 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.

* Premium members only.

The Hanover Insurance Group Median PS Value Chart

The Hanover Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.72 90.42 112.44 137.64 151.17

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
Median PS Value 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 137.64 141.60 147.26 151.06 151.17

Competitive Comparison of The Hanover Insurance Group's Median PS Value

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Hanover Insurance Group's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where The Hanover Insurance Group's Price-to-Median-PS-Value falls into.



The Hanover Insurance Group Median PS Value Calculation

The Hanover Insurance Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=164.857*0.917
=151.17

10-Year Median PS Ratio is 0.917.
The Hanover Insurance Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $164.857.

* 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.


The Hanover Insurance Group  (NYSE:THG) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

The Hanover Insurance Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=129.98/151.17
=0.86

* 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.


The Hanover Insurance Group Median PS Value Related Terms

Thank you for viewing the detailed overview of The Hanover Insurance Group's Median PS Value 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