Is Mercury General Corporation (MCY) overvalued? · P/E 6.7, rev $5.48B
Mercury General Corporation (MCY) is a insurance - property & casualty company listed on NYSE.
This page asks whether Mercury General Corporation (MCY) looks expensive on cached numbers — not a short thesis.
Latest reported MCY revenue for 2024-12-31 was $5.48B. Net income was $468.0M. Revenue was up 18.3% from 2023-12-31 to 2024-12-31. MCY currently screens at market cap $5.62B and trailing P/E 6.7.
MCY currently screens at market cap $5.62B and trailing P/E 6.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MCY 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MCY stock page for the full model, not this heading.
Not investment advice.