THG (The Hanover Insurance Group) Cyclically Adjusted Revenue per Share: $162.11 (As of Mar. 2026)


THG The Hanover Insurance Group Inc THG
81 GF Score
Price $219.82
GF Value $201.80
Valuation Fairly Valued
! 7 Warning Signs
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What is The Hanover Insurance Group Cyclically Adjusted Revenue per Share?

The Hanover Insurance Group THG -0.81% 81 Cyclically Adjusted Revenue per Share is $162.11 as of Mar. 2026. GuruFocus rates THG with a GF Score™ of 81/100 and a GF Value™ of $201.80 (Fairly Valued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

The Hanover Insurance Group's adjusted revenue per share for the three months ended in Mar. 2026 was $47.086. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $162.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Hanover Insurance Group's average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of The Hanover Insurance Group was 8.00% per year. The lowest was -1.60% per year. And the median was 6.50% per year.

As of today (2026-07-06), The Hanover Insurance Group's current stock price is $219.82. The Hanover Insurance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $162.11. The Hanover Insurance Group's Cyclically Adjusted PS Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Hanover Insurance Group was 1.37. The lowest was 0.73. And the median was 1.06.


The Hanover Insurance Group  (NYSE:THG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

The Hanover Insurance Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=219.82/162.11
=1.36

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Hanover Insurance Group was 1.37. The lowest was 0.73. And the median was 1.06.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


The Hanover Insurance Group Cyclically Adjusted Revenue per Share Related Terms


The Hanover Insurance Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Hanover Insurance Group's Cyclically Adjusted Revenue 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.

The Hanover Insurance Group Cyclically Adjusted Revenue per Share Chart

The Hanover Insurance Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.74 138.07 145.23 151.53 158.31

The Hanover Insurance Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 154.01 155.96 157.85 158.31 162.11

THG vs KNSL, MCY, SIGI: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


THG
81GF Score
The Hanover Insurance Group Inc THG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hanover Insurance Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, The Hanover Insurance Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=47.086/330.2130*330.2130
=47.086

Current CPI (Mar. 2026) = 330.2130.

The Hanover Insurance Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 28.157 241.018 38.577
201609 28.865 241.428 39.480
201612 8.464 241.432 11.576
201703 29.392 243.801 39.810
201706 29.582 244.955 39.878
201709 25.312 246.819 33.864
201712 25.231 246.524 33.796
201803 25.325 249.554 33.510
201806 26.297 251.989 34.460
201809 27.067 252.439 35.406
201812 25.827 251.233 33.946
201903 29.600 254.202 38.451
201906 29.092 256.143 37.505
201909 30.216 256.759 38.860
201912 31.189 256.974 40.078
202003 27.577 258.115 35.280
202006 32.086 257.797 41.099
202009 32.732 260.280 41.527
202012 34.565 260.474 43.819
202103 34.336 264.877 42.806
202106 35.405 271.696 43.030
202109 34.601 274.310 41.653
202112 37.983 278.802 44.987
202203 36.440 287.504 41.853
202206 35.598 296.311 39.671
202209 37.640 296.808 41.876
202212 40.817 296.797 45.413
202303 40.404 301.836 44.203
202306 41.773 305.109 45.210
202309 41.787 307.789 44.831
202312 40.893 306.746 44.021
202403 42.477 312.332 44.909
202406 42.295 314.175 44.454
202409 42.775 315.301 44.798
202412 43.360 315.605 45.367
202503 43.598 319.799 45.018
202506 45.230 322.561 46.303
202509 45.555 324.800 46.314
202512 45.548 324.054 46.414
202603 47.086 330.213 47.086

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $162.11 mean?
The Hanover Insurance Group (THG) has a Cyclically Adjusted Revenue per Share of $162.11 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Hanover Insurance Group and its competitors.
Is The Hanover Insurance Group's Cyclically Adjusted Revenue per Share too high?
The Hanover Insurance Group's current Cyclically Adjusted Revenue per Share is $162.11. Overall, The Hanover Insurance Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hanover Insurance Group's Cyclically Adjusted Revenue per Share compare to KNSL and MCY?
The Hanover Insurance Group's Cyclically Adjusted Revenue per Share of $162.11 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Hanover Insurance Group and its competitors. The Hanover Insurance Group's current Cyclically Adjusted Revenue per Share is $162.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hanover Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, The Hanover Insurance Group (THG) is currently considered Fairly Valued. The stock's GF Value™ is $201.80, compared to a current price of $219.82 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $162.11. The Hanover Insurance Group's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For The Hanover Insurance Group (THG), the current Cyclically Adjusted Revenue per Share is $162.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Hanover Insurance Group (THG) Overvalued in 2026?

Based on GuruFocus' analysis, The Hanover Insurance Group stock appears to be overvalued. The current stock price of $219.82 is trading 8.9% above its estimated GF Value™ of $201.80. GuruFocus considers The Hanover Insurance Group to be Fairly Valued.

Key valuation signals for THG:

  • Cyclically Adjusted Revenue per Share: $162.11
  • GF Value™: $201.80 vs. price of $219.82 (8.9% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the THG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Hanover Insurance Group Business Description

Other Exchanges AF4:Germany
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 through Hanover Insurance, Citizens and other THG subsidiaries. The company conducts business operations through four operating segments: Core Commercial, Specialty, Personal Lines, and Other. The company operates an investment portfolio that is exposed to fixed-income securities.
81GF Score

Get the complete analysis for THG

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$219.82
Price
$201.80
GF Value