Hanover Insurance (THG) Price to Book (2009 - 2026)
Hanover Insurance's (THG) Price to Book stood at 2.03 in Q2 2026, up 7.5% from 1.89 a year earlier and up 19.5% from the prior quarter.
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Analysis
Hanover Insurance (THG) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Hanover Insurance's Price to Book came in at 1.80, down 8.0% from FY2024.
- Across earlier years, Price to Book came in at 1.96 in FY2024 (+10.8%), 1.76 in FY2023 (-14.4%), 2.06 in FY2022 (+39.1%) and 1.48 in FY2021 (+11.6%).
- The Q2 2026 figure is the highest quarterly Price to Book since Q1 2025.
- On a year-over-year basis, Price to Book rose in five of the last eight quarters, with growth averaging 0.8%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 39.1% in Q4 2022, against a decline of 17.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.70 (Q1 2026), 1.80 (Q4 2025) and 1.89 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - |
| 10 | Hanover Insurance | 7.46 Bn | 4.15 Bn | 763.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.03 |
| Mar 31, 2026 | 1.70 |
| Dec 31, 2025 | 1.80 |
| Sep 30, 2025 | 1.89 |
| Jun 30, 2025 | 1.89 |
| Mar 31, 2025 | 2.05 |
| Dec 31, 2024 | 1.96 |
| Sep 30, 2024 | 1.85 |
| Jun 30, 2024 | 1.77 |
| Mar 31, 2024 | 1.94 |
| Dec 31, 2023 | 1.76 |
| Sep 30, 2023 | 1.88 |
| Jun 30, 2023 | 1.81 |
| Mar 31, 2023 | 1.92 |
| Dec 31, 2022 | 2.06 |
| Sep 30, 2022 | 1.98 |
| Jun 30, 2022 | 2.02 |
| Mar 31, 2022 | 1.88 |
| Dec 31, 2021 | 1.48 |
| Sep 30, 2021 | 1.49 |
API Access
Hanover Insurance Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=THG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "THG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=THG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();