The Hanover Insurance Group's quarterly market cap
declined
from Sep. 2025 ($6,480 Mil) to Dec. 2025 ($6,469 Mil) and
declined
from Dec. 2025 ($6,469 Mil) to Mar. 2026 ($6,085 Mil).
The Hanover Insurance Group's annual market cap
increased
from Dec. 2023 ($4,347 Mil) to Dec. 2024 ($5,552 Mil) and
increased
from Dec. 2024 ($5,552 Mil) to Dec. 2025 ($6,469 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. The Hanover Insurance Group's Enterprise Value for Today is $7,862 Mil.
The Hanover Insurance Group (NYSE:THG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
The Hanover Insurance Group Market Cap Related Terms
The Hanover Insurance Group Market Cap Historical Data
* 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.
For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Insurance Industry
For the Insurance industry and Financial Services sector, The Hanover Insurance Group's Market Cap distribution charts can be found below:
* The bar in red indicates where The Hanover Insurance Group's Market Cap falls into.
The Hanover Insurance Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (THG) has a Market Cap of $7,262 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on The Hanover Insurance Group and its competitors. According to the industry distribution chart, The Hanover Insurance Group ranks #110 out of 519 companies in the Insurance industry, placing it in the top 21.2%.
Is The Hanover Insurance Group's Market Cap too high?
The Hanover Insurance Group's current Market Cap is $7,262 Mil. The Insurance industry median Market Cap is 668.18. The Hanover Insurance Group's value of $7,262 Mil is 986.8% above this industry median. Based on the distribution chart, The Hanover Insurance Group ranks #110 out of 519 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, The Hanover Insurance Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hanover Insurance Group's Market Cap compare to KNSL and MCY?
According to the Insurance industry distribution chart, The Hanover Insurance Group ranks #110 out of 519 companies for Market Cap. This places The Hanover Insurance Group in the top 21% of its industry — outperforming the majority of peers. The industry median Market Cap is 668.18. The Hanover Insurance Group's value of $7,262 Mil is 986.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Insurance company?
The median Market Cap among Insurance companies is 668.18, based on 519 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hanover Insurance Group's current Market Cap of $7,262 Mil is 986.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on The Hanover Insurance Group and its competitors. For the Insurance industry, the median Market Cap is 668.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hanover Insurance Group's current Market Cap is $7,262 Mil. 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 $201.18, compared to a current price of $207.56 — trading 3.2% above its estimated fair value. The current Market Cap is $7,262 Mil and 986.8% above the Insurance industry median of 668.18. The Hanover Insurance Group's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For The Hanover Insurance Group (THG), the current Market Cap is $7,262 Mil as of Jun. 26, 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 $207.56 is trading 3.2% above its estimated GF Value™ of $201.18.
GuruFocus considers The Hanover Insurance Group to be Fairly Valued.
Key valuation signals for THG:
Market Cap: $7,262 Mil
GF Value™: $201.18 vs. price of $207.56 (3.2% above fair value)
Industry Position: 986.8% above the Insurance median (#110 of 519)
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 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.
82GF Score
Get the complete analysis for THG
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