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Hanover Insurance Group Stock

Hanover Insurance Group P/E 2024

Hanover Insurance Group P/E

11.76

Ticker

THG

ISIN

US4108671052

WKN

A0ESNN

As of Sep 6, 2024, Hanover Insurance Group's P/E ratio was 11.76, a -89.75% change from the 114.72 P/E ratio recorded in the previous year.

The Hanover Insurance Group P/E history

Hanover Insurance Group Aktienanalyse

What does Hanover Insurance Group do?

Hanover Insurance Group Inc is an American company that operates in the insurance and financial services sector. Founded in 1852 in the city of Hanover, New Hampshire, the company has become one of the largest insurance providers in the US and is listed on the New York Stock Exchange. The company's business model combines traditional insurance solutions with modern technologies to provide customers with an optimal customer experience. They offer insurance in various sectors such as automotive, home, life, and leisure industries. Through their wide coverage in different sectors, Hanover Insurance Group Inc is able to offer a variety of products tailored to the specific needs of their customers. They have also developed innovative solutions, such as the Hanover Digital Advantage program, which allows customers to easily and quickly submit insurance applications. The company's digital platform provides various tools and resources to help customers manage their insurance and process claims quickly and easily. They also offer specialized insurance products for small and medium-sized businesses, including cyber security insurance, unemployment insurance, and business content insurance. These insurance options help businesses safeguard against a variety of risks and ensure they remain financially protected in case of damages. Additionally, Hanover Insurance Group Inc places a strong emphasis on building close relationships with their customers, offering personalized advice and support to ensure they receive the best insurance solutions. The company takes pride in its excellent customer service skills and has received multiple awards for it. Furthermore, Hanover Insurance Group Inc has successfully expanded internationally through the establishment of its subsidiary, Hanover Insurance International Holdings Ltd, which offers insurance products in Europe, Asia, and Latin America. In summary, Hanover Insurance Group Inc is a leading American insurance provider offering a wide range of insurance solutions for individuals and businesses. Their innovative business model, combining traditional expertise with modern technologies and personalized advice, has established them as one of the leading providers in the US market. Hanover Insurance Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hanover Insurance Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Hanover Insurance Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Hanover Insurance Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Hanover Insurance Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Hanover Insurance Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Hanover Insurance Group stock

What is the price-to-earnings ratio of Hanover Insurance Group?

The price-earnings ratio of Hanover Insurance Group is currently 11.76.

How has the price-earnings ratio of Hanover Insurance Group changed compared to last year?

The price-to-earnings ratio of Hanover Insurance Group has increased by -89.75% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Hanover Insurance Group high compared to other companies?

Yes, the price-to-earnings ratio of Hanover Insurance Group is high compared to other companies.

How does an increase in the price-earnings ratio of Hanover Insurance Group affect the company?

An increase in the price-earnings ratio of Hanover Insurance Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Hanover Insurance Group affect the company?

A decrease in the price-earnings ratio of Hanover Insurance Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Hanover Insurance Group?

Some factors that influence the price-earnings ratio of Hanover Insurance Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hanover Insurance Group pay?

Over the past 12 months, Hanover Insurance Group paid a dividend of 3.28 USD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Hanover Insurance Group is expected to pay a dividend of 3.33 USD.

What is the dividend yield of Hanover Insurance Group?

The current dividend yield of Hanover Insurance Group is 2.25 %.

When does Hanover Insurance Group pay dividends?

Hanover Insurance Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Hanover Insurance Group?

Hanover Insurance Group paid dividends every year for the past 22 years.

What is the dividend of Hanover Insurance Group?

For the upcoming 12 months, dividends amounting to 3.33 USD are expected. This corresponds to a dividend yield of 2.28 %.

In which sector is Hanover Insurance Group located?

Hanover Insurance Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Hanover Insurance Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hanover Insurance Group from 9/27/2024 amounting to 0.85 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Hanover Insurance Group pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Hanover Insurance Group in the year 2023?

In the year 2023, Hanover Insurance Group distributed 3.06 USD as dividends.

In which currency does Hanover Insurance Group pay out the dividend?

The dividends of Hanover Insurance Group are distributed in USD.

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Andere Kennzahlen von Hanover Insurance Group

Our stock analysis for Hanover Insurance Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hanover Insurance Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.