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Mercury General (Mercury General) Median PS Value

: $70.12 (As of Today)
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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. Mercury General's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $83.611. Mercury General's 10-Year median PS Ratio is 0.8386. Therefore, the Median PS Value for today is $70.12.

As of today (2024-04-19), Mercury General's share price is $53.63. Mercury General's Median PS Value is $70.12. Therefore, Mercury General's Price to Median PS Value for today is 0.76.

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

MCY' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53   Med: 0.92   Max: 1.18
Current: 0.76

During the past 13 years, the highest Price to Median PS Value of Mercury General was 1.18. The lowest was 0.53. And the median was 0.92.

MCY's Price-to-Median-PS-Value is ranked better than
68.3% of 306 companies
in the Insurance industry
Industry Median: 0.96 vs MCY: 0.76

Mercury General Median PS Value Historical Data

The historical data trend for Mercury General'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.

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.79 59.82 63.15 57.53 70.12

Mercury General 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 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 Premium Member Only Premium Member Only Premium Member Only 57.53 62.21 66.35 68.27 70.12

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Mercury General'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.


Mercury General Price-to-Median-PS-Value Distribution

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

* The bar in red indicates where Mercury General's Price-to-Median-PS-Value falls into.



Mercury General Median PS Value Calculation

Mercury General's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=83.611*0.8386
=70.12

10-Year Median PS Ratio is 0.8386.
Mercury General'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 $83.611.

* 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.


Mercury General  (NYSE:MCY) 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.

Mercury General's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=53.63/70.12
=0.76

* 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.


Mercury General Median PS Value Related Terms

Thank you for viewing the detailed overview of Mercury General's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercury General (Mercury General) Business Description

Traded in Other Exchanges
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.
Executives
Joshua Eric Little director 192 E 200 N, THIRD FLOOR, ST. GEORGE UT 84770
Wei Pang officer: VP/Chief Technology Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Mark Allan Ribisi officer: President of AIS,subsidiary 16969 VON KARMAN AVE., IRVINE CA 92606
Katelyn Marie Gibbs officer: VP/Chief Experience Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Kelly Lynn Butler officer: VP/Chief Underwriting Officer 1700 GREENBRIAR LANE, BREA CA 92821
Joseph Vicky Wai Yee director 4484 WILSHIRE BLVD., LOS ANGELES CA 90010
George Joseph director, officer: Chairman of the Board 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
George Gwyer Braunegg director 6121 SHENANDOAH AVE., LOS ANGELES CA 90010
Abby Hosseini officer: VP/Chief Information Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Brandt Minnich officer: Vice President, Marketing 1700 GREENBRIAR LANE, BREA CA 92821
Gabriel Tirador officer: President, other: Director
Charles Toney officer: Vice President
Jeffrey Michael Schroeder officer: VP/Chief Product Officer 1700 GREENBRIAR LANE, BREA CA 92821
Mike Curtius director
Ramona L Cappello director 4600 SLEEPYTIME DR, BOULDER CO 80301