Mercury General
MCY
#3730
Rank
$2.77 B
Marketcap
$50.08
Share price
1.08%
Change (1 day)
20.98%
Change (1 year)

P/E ratio for Mercury General (MCY)

P/E ratio as of January 2025 (TTM): -26.9

According to Mercury General 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -26.9239. At the end of 2022 the company had a P/E ratio of -3.69.

P/E ratio history for Mercury General from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.69-131.11%
202111.953.92%
20207.71-8.53%
20198.43-101.63%
2018-517-2635.18%
201720.4-55.28%
201645.631.25%
201534.898.08%
201417.5-28%
201324.430.77%
201218.642.14%
201113.1-14.96%
201015.4189%
20095.33-151.27%
2008-10.4-191.08%
200711.4-14.85%
200613.46.93%
200512.59.94%
200411.4-16.88%
200313.7-55.79%
200231.138%
200122.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
53.3-298.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.1-10.63%๐Ÿ‡บ๐Ÿ‡ธ USA
0.0000-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
37.3-238.35%๐Ÿ‡บ๐Ÿ‡ธ USA
45.8-270.12%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.