PGR PE Ratio & Valuation,Is PGR Overvalued

PGR Relative Valuation

PGR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PGR is overvalued; if below, it's undervalued.

Historical Valuation

Progressive Corp (PGR) is now in the Undervalued zone, suggesting that its current forward PE ratio of 13.07 is considered Undervalued compared with the five-year average of 19.89. The fair price of Progressive Corp (PGR) is between 250.49 to 356.66 according to relative valuation methord. Compared to the current price of 214.66 USD , Progressive Corp is Undervalued By 14.3%.

Relative Value

Fair Zone

250.49-356.66

Current Price：214.66

14.3%

Undervalued

13.07

0.00

EV/EBITDA

Progressive Corp. (PGR) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 5.33. The thresholds are as follows: Strongly Undervalued below -10.50, Undervalued between -10.50 and -2.59, Fairly Valued between 13.24 and -2.59, Overvalued between 13.24 and 21.15, and Strongly Overvalued above 21.15. The current Forward EV/EBITDA of 0.00 falls within the Historic Trend Line -Fairly Valued range.

0.00

EV/EBIT

Progressive Corp. (PGR) has a current EV/EBIT of 0.00. The 5-year average EV/EBIT is 15.87. The thresholds are as follows: Strongly Undervalued below 2.56, Undervalued between 2.56 and 9.21, Fairly Valued between 22.52 and 9.21, Overvalued between 22.52 and 29.18, and Strongly Overvalued above 29.18. The current Forward EV/EBIT of 0.00 falls within the Strongly Undervalued range.

1.41

Progressive Corp. (PGR) has a current PS of 1.41. The 5-year average PS is 1.41. The thresholds are as follows: Strongly Undervalued below 0.94, Undervalued between 0.94 and 1.17, Fairly Valued between 1.64 and 1.17, Overvalued between 1.64 and 1.87, and Strongly Overvalued above 1.87. The current Forward PS of 1.41 falls within the Historic Trend Line -Fairly Valued range.

8.07

P/OCF

Progressive Corp. (PGR) has a current P/OCF of 8.07. The 5-year average P/OCF is 10.06. The thresholds are as follows: Strongly Undervalued below 4.16, Undervalued between 4.16 and 7.11, Fairly Valued between 13.00 and 7.11, Overvalued between 13.00 and 15.95, and Strongly Overvalued above 15.95. The current Forward P/OCF of 8.07 falls within the Historic Trend Line -Fairly Valued range.

8.23

P/FCF

Progressive Corp. (PGR) has a current P/FCF of 8.23. The 5-year average P/FCF is 6.33. The thresholds are as follows: Strongly Undervalued below -5.77, Undervalued between -5.77 and 0.28, Fairly Valued between 12.38 and 0.28, Overvalued between 12.38 and 18.44, and Strongly Overvalued above 18.44. The current Forward P/FCF of 8.23 falls within the Historic Trend Line -Fairly Valued range.

Progressive Corp (PGR) has a current Price-to-Book (P/B) ratio of 3.51. Compared to its 3-year average P/B ratio of 5.19 , the current P/B ratio is approximately -32.38% higher. Relative to its 5-year average P/B ratio of 4.62, the current P/B ratio is about -24.06% higher. Progressive Corp (PGR) has a Forward Free Cash Flow (FCF) yield of approximately 13.71%. Compared to its 3-year average FCF yield of 9.18%, the current FCF yield is approximately 49.39% lower. Relative to its 5-year average FCF yield of 10.29% , the current FCF yield is about 33.21% lower.

3.51

P/B

Median3y

5.19

Median5y

4.62

13.71

FCF Yield

Median3y

9.18

Median5y

10.29

Competitors Valuation Multiple

The average P/S ratio for PGR's competitors is 1.47, providing a benchmark for relative valuation. Progressive Corp Corp (PGR) exhibits a P/S ratio of 1.41, which is -4.24% above the industry average. Given its robust revenue growth of 14.15%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of PGR decreased by 15.15% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 19.71B to 22.50B.

The secondary factor is the Margin Expansion, contributed -1.86%to the performance.

Overall, the performance of PGR in the past 1 year is driven by Revenue Growth. Which is more sustainable.

14.15%

19.71B → 22.50B

Revenue Growth

-1.86%

11.84 → 11.62

Margin Expansion

-27.44%

16.04 → 11.64

P/E Change

-15.15%

246.44 → 209.10

Mkt Cap Growth

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Frequently Asked Questions

Is Progressive Corp (PGR) currently overvalued or undervalued?

What is Progressive Corp (PGR) fair value?

PGR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Progressive Corp (PGR) is between 250.49 to 356.66 according to relative valuation methord.

How does PGR's valuation metrics compare to the industry average?

What is the current P/B ratio for Progressive Corp (PGR) as of Jan 08 2026?

As of Jan 08 2026, Progressive Corp (PGR) has a P/B ratio of 3.51. This indicates that the market values PGR at 3.51 times its book value.

What is the current FCF Yield for Progressive Corp (PGR) as of Jan 08 2026?

As of Jan 08 2026, Progressive Corp (PGR) has a FCF Yield of 13.71%. This means that for every dollar of Progressive Corp’s market capitalization, the company generates 13.71 cents in free cash flow.

What is the current Forward P/E ratio for Progressive Corp (PGR) as of Jan 08 2026?

As of Jan 08 2026, Progressive Corp (PGR) has a Forward P/E ratio of 13.07. This means the market is willing to pay $13.07 for every dollar of Progressive Corp’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Progressive Corp (PGR) as of Jan 08 2026?

As of Jan 08 2026, Progressive Corp (PGR) has a Forward P/S ratio of 1.41. This means the market is valuing PGR at $1.41 for every dollar of expected revenue over the next 12 months.

PGR Valuation