Hanover Insurance Group Stock

Hanover Insurance Group EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Hanover Insurance Group (THG) as of Aug 6, 2026 is 7.24. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 11.37 — a change of -36.26% (lower).

EV/EBIT

7.24

YoY

-36.26%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Hanover Insurance Group is 2026 7.24 . EV/EBIT (Enterprise Value to EBIT) of Hanover Insurance Group was 2025 11.37 . It decreases by -36.26% lower compared to the previous year.

The Hanover Insurance Group EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
10.42 base
Jan 1, 2020
9.75 base
Jan 1, 2021
9.08 base
Jan 1, 2022
33.41 base
Jan 1, 2023
106.94 base
Jan 1, 2024
10.53 base
Jan 1, 2025
7.86 base
Jan 1, 2026 (e)
6.67 base
YEARPRICE-TO-EBIT
2026 est 6.67
2025 7.86
2024 10.53
2023 106.94
2022 33.41
2021 9.08
2020 9.75
2019 10.42
2018 12.89
2017 11.52
2016 22.66
2015 8.16
2014 8.49
2013 8.13
2012 60.07
2011 73.14
2010 10.18
2009 7.31
2008 13.43
2007 7.01
2006 9.06
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Hanover Insurance Group Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Hanover Insurance Group's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Hanover Insurance Group's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Hanover Insurance Group's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Hanover Insurance Group grows earnings faster than its peers.

Hanover Insurance Group Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hanover Insurance Group stock

EV/EBIT (Enterprise Value to EBIT) of Hanover Insurance Group is 7.24 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Hanover Insurance Group changed from 11.37 to 7.24, representing a -36.26% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Hanover Insurance Group since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Hanover Insurance Group with sector peers and the industry average to assess whether it is attractive.

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Valuation — Hanover Insurance Group

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