GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (NYSE:MCY) » Definitions » PB Ratio

MCY (Mercury General) PB Ratio : 1.62 (As of Mar. 24, 2025)


View and export this data going back to 1996. Start your Free Trial

What is Mercury General PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-03-24), Mercury General's share price is $56.77. Mercury General's Book Value per Share for the quarter that ended in Dec. 2024 was $35.14. Hence, Mercury General's PB Ratio of today is 1.62.

The historical rank and industry rank for Mercury General's PB Ratio or its related term are showing as below:

MCY' s PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.58   Max: 2.35
Current: 1.62

During the past 13 years, Mercury General's highest PB Ratio was 2.35. The lowest was 1.00. And the median was 1.58.

MCY's PB Ratio is ranked worse than
63.49% of 482 companies
in the Insurance industry
Industry Median: 1.25 vs MCY: 1.62

During the past 12 months, Mercury General's average Book Value Per Share Growth Rate was 25.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mercury General was 26.50% per year. The lowest was -8.70% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio


Mercury General PB Ratio Historical Data

The historical data trend for Mercury General's PB Ratio 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 PB Ratio Chart

Mercury General Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.37 1.24 1.33 1.89

Mercury General Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
PB Ratio 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 1.33 1.78 1.78 1.87 1.89

Competitive Comparison of Mercury General's PB Ratio

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


Mercury General's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Mercury General's PB Ratio falls into.



Mercury General PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mercury General's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=56.77/35.143
=1.62

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Mercury General  (NYSE:MCY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Mercury General PB Ratio Related Terms

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


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. It is engaged in writing personal automobile insurance and provides related property and casualty insurance products. The Company offers the following types of automobile coverage: collision, property damage, bodily injury ("BI"), comprehensive, personal injury protection ("PIP"), underinsured and uninsured motorist, and other hazards. The Company offers the following types of homeowners coverage: dwelling, liability, personal property, and other coverages.
Executives
Mark Allan Ribisi officer: President of AIS,subsidiary 16969 VON KARMAN AVE., IRVINE CA 92606
Heidi C. Sullivan officer: Vice President, Human Res. 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
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
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