Question 1

What is Mercury General's P/E ratio?

Accepted Answer

Mercury General (MCY) P/E ratio is 6.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Mercury General?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Mercury General specifically, the relevant sector benchmark is the current sector median of 12.8×.

Question 5

Is Mercury General's P/E ratio high or low?

Accepted Answer

Mercury General's P/E ratio of 6.7× is below its own 5-year average of 10.1× and below the sector median of 12.8×. That places the current reading at the 25th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Mercury General's historical P/E ratio range?

Accepted Answer

In the available daily series, Mercury General (MCY) P/E ratio has ranged from a low of 4.7× in 2025 to a high of 92.5× in 2015. The 5-year average is 10.1× and the 5-year median is 9.6×.

Question 7

What was Mercury General's P/E ratio in 2025?

Accepted Answer

Mercury General (MCY) P/E ratio at the end of 2025 was 9.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Mercury General's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$5.21B	$541.10M	9.6×	+1.8×	Dec 31, 2025
2024	$3.68B	$467.95M	7.9×	-13.6×	Dec 31, 2024
2023	$2.07B	$96.34M	21.4×	—	Dec 31, 2023
2022	$1.89B	−$512.67M	—	—	Dec 31, 2022
2021	$2.94B	$247.94M	11.8×	+4.1×	Dec 31, 2021
2020	$2.89B	$374.61M	7.7×	-0.7×	Dec 31, 2020
2019	$2.70B	$320.09M	8.4×	—	Dec 31, 2019
2018	$2.86B	−$5.73M	—	—	Dec 31, 2018
2017	$2.96B	$144.88M	20.4×	-25.2×	Dec 31, 2017
2016	$3.33B	$73.04M	45.6×	+11.1×	Dec 31, 2016
2015	$2.57B	$74.48M	34.5×	+17.0×	Dec 31, 2015
2014	$3.12B	$177.95M	17.5×	-6.8×	Dec 31, 2014
2013	$2.73B	$112.14M	24.4×	+5.9×	Dec 31, 2013
2012	$2.16B	$116.91M	18.4×	+5.4×	Dec 31, 2012
2011	$2.50B	$191.16M	13.1×	-2.4×	Dec 31, 2011
2010	$2.36B	$152.20M	15.5×	+10.2×	Dec 31, 2010
2009	$2.15B	$403.07M	5.3×	—	Dec 31, 2009
2008	$2.52B	−$242.12M	—	—	Dec 31, 2008
2007	$2.73B	$237.83M	11.5×	-1.9×	Dec 31, 2007
2006	$2.87B	$214.82M	13.4×	+0.8×	Dec 31, 2006
2005	$3.19B	$253.26M	12.6×	+1.2×	Dec 31, 2005
2004	$3.26B	$286.21M	11.4×	-2.3×	Dec 31, 2004
2003	$2.52B	$184.32M	13.7×	-17.1×	Dec 31, 2003
2002	$2.04B	$66.11M	30.8×	+8.1×	Dec 31, 2002
2001	$2.39B	$105.34M	22.6×	—	Dec 31, 2001


Prudential Financial (PRU)	9.8×
Globe Life (GL-PD)	9.7×
UMB Financial (UMBF)	9.7×
T. Rowe Price (TROW)	9.6×
Everest Re Group (RE)	9.6×
Old Republic International (ORI)	9.5×
First Financial (THFF)	9.3×
Globe Life (GL)	9.3×
The Hartford (HIG)	9.3×
Assured Guaranty (AGO)	8.9×
Cincinnati Financial (CINF)	8.8×
Federal Agricultural Mortgage (AGM)	8.8×
Ally Financial (ALLY)	8.7×
Travelers Companies (TRV)	8.3×
PayPal (PYPL)	8.2×
Farmers & Merchants Bancorp (FMCB)	8.0×
Chesapeake Financial Shares (CPKF)	7.6×
PSB Holdings (PSBQ)	7.5×
Arch Capital Group (ACGL)	7.1×
AXIS Capital Holdings (AXS)	7.0×
Tompkins Financial (TMP)	6.7×
Everest Re Group (EG)	6.5×
Synchrony Financial (SYF)	6.5×
RenaissanceRe Holdings (RNR)	4.5×
Allstate (ALL)	4.4×

P/E Ratio for Mercury General (MCY)

P/E Ratio daily chart for Mercury General (MCY)

Historical P/E Ratio for Mercury General (MCY) from 2001 to 2025

About P/E Ratio at Mercury General (MCY)

Mercury General P/E Ratio by Year

Mercury General P/E Ratio 2025: 9.6×

Mercury General P/E Ratio 2024: 7.9×

Mercury General P/E Ratio 2023: 21.4×

Mercury General P/E Ratio 2021: 11.8×

Mercury General P/E Ratio 2020: 7.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Mercury General (MCY) Key Financials

P/E Ratio daily chart for Mercury General (MCY)

Historical P/E Ratio for Mercury General (MCY) from 2001 to 2025

About P/E Ratio at Mercury General (MCY)

Mercury General P/E Ratio by Year

Mercury General P/E Ratio 2025: 9.6×

Mercury General P/E Ratio 2024: 7.9×

Mercury General P/E Ratio 2023: 21.4×

Mercury General P/E Ratio 2021: 11.8×

Mercury General P/E Ratio 2020: 7.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Mercury General's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Mercury General?

+Is Mercury General's P/E ratio high or low?

+What is Mercury General's historical P/E ratio range?

+What was Mercury General's P/E ratio in 2025?

+Why does Mercury General's P/E ratio change over time?

Mercury General (MCY) Key Financials