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PGR Valuation

Progressive Corp
$
241.710
+0.22(0.091%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

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 15.15 is considered Undervalued compared with the five-year average of 20.28. The fair price of Progressive Corp (PGR) is between 252.76 to 350.05 according to relative valuation methord. Compared to the current price of 241.71 USD , Progressive Corp is Undervalued By 4.37%.
Relative Value
Fair Zone
252.76-350.05
Current Price:241.71
4.37%
Undervalued
15.15
PE
1Y
3Y
5Y
Trailing
Forward
9.96
EV/EBITDA
Progressive Corp. (PGR) has a current EV/EBITDA of 9.96. The 5-year average EV/EBITDA is 4.97. The thresholds are as follows: Strongly Undervalued below -10.86, Undervalued between -10.86 and -2.94, Fairly Valued between 12.88 and -2.94, Overvalued between 12.88 and 20.79, and Strongly Overvalued above 20.79. The current Forward EV/EBITDA of 9.96 falls within the Historic Trend Line -Fairly Valued range.
10.17
EV/EBIT
Progressive Corp. (PGR) has a current EV/EBIT of 10.17. The 5-year average EV/EBIT is 16.64. The thresholds are as follows: Strongly Undervalued below 5.64, Undervalued between 5.64 and 11.14, Fairly Valued between 22.13 and 11.14, Overvalued between 22.13 and 27.63, and Strongly Overvalued above 27.63. The current Forward EV/EBIT of 10.17 falls within the Undervalued range.
1.57
PS
Progressive Corp. (PGR) has a current PS of 1.57. The 5-year average PS is 1.38. The thresholds are as follows: Strongly Undervalued below 0.92, Undervalued between 0.92 and 1.15, Fairly Valued between 1.61 and 1.15, Overvalued between 1.61 and 1.84, and Strongly Overvalued above 1.84. The current Forward PS of 1.57 falls within the Historic Trend Line -Fairly Valued range.
9.12
P/OCF
Progressive Corp. (PGR) has a current P/OCF of 9.12. The 5-year average P/OCF is 10.07. The thresholds are as follows: Strongly Undervalued below 2.84, Undervalued between 2.84 and 6.45, Fairly Valued between 13.68 and 6.45, Overvalued between 13.68 and 17.29, and Strongly Overvalued above 17.29. The current Forward P/OCF of 9.12 falls within the Historic Trend Line -Fairly Valued range.
9.37
P/FCF
Progressive Corp. (PGR) has a current P/FCF of 9.37. The 5-year average P/FCF is 5.52. The thresholds are as follows: Strongly Undervalued below -6.94, Undervalued between -6.94 and -0.71, Fairly Valued between 11.75 and -0.71, Overvalued between 11.75 and 17.98, and Strongly Overvalued above 17.98. The current Forward P/FCF of 9.37 falls within the Historic Trend Line -Fairly Valued range.
Progressive Corp (PGR) has a current Price-to-Book (P/B) ratio of 4.35. Compared to its 3-year average P/B ratio of 5.33 , the current P/B ratio is approximately -18.50% higher. Relative to its 5-year average P/B ratio of 4.55, the current P/B ratio is about -4.42% higher. Progressive Corp (PGR) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 8.43%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 10.12% , the current FCF yield is about -100.00% lower.
4.35
P/B
Median3y
5.33
Median5y
4.55
0.00
FCF Yield
Median3y
8.43
Median5y
10.12

Competitors Valuation Multiple

The average P/S ratio for PGR's competitors is 1.62, providing a benchmark for relative valuation. Progressive Corp Corp (PGR) exhibits a P/S ratio of 1.57, which is -3.01% above the industry average. Given its robust revenue growth of 21.34%, this premium appears sustainable.

Performance Decomposition

1Y
3Y
5Y
Market capitalization of PGR increased by 12.83% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 8.05 to 14.44.
The secondary factor is the Revenue Growth, contributed 21.34%to the performance.
Overall, the performance of PGR in the past 1 year is driven by Margin Expansion. Which is more sustainable.
21.34%
18.13B → 22.00B
Revenue Growth
+
79.38%
8.05 → 14.44
Margin Expansion
+
-87.89%
112.47 → 13.62
P/E Change
=
12.83%
214.04 → 241.49
Mkt Cap Growth

FAQ

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Is Progressive Corp (PGR) currently overvalued or undervalued?

Progressive Corp (PGR) is now in the Undervalued zone, suggesting that its current forward PE ratio of 15.15 is considered Undervalued compared with the five-year average of 20.28. The fair price of Progressive Corp (PGR) is between 252.76 to 350.05 according to relative valuation methord. Compared to the current price of 241.71 USD , Progressive Corp is Undervalued By 4.37% .
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What is Progressive Corp (PGR) fair value?

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

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What is the current P/B ratio for Progressive Corp (PGR) as of Jul 30 2025?

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What is the current FCF Yield for Progressive Corp (PGR) as of Jul 30 2025?

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What is the current Forward P/E ratio for Progressive Corp (PGR) as of Jul 30 2025?

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What is the current Forward P/S ratio for Progressive Corp (PGR) as of Jul 30 2025?