Progressive Corporation (PGR) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 million personal auto policies in force and is one of the largest auto insurers in the United Sta...
Progressive Corporation (PGR) currently trades at a P/E ratio of 11.04 (historical range: 9.67–22.07, median: 13.77), placing it at the 17th percentile — cheap relative to its history, P/S ratio of 1.43 (range: 1.25–2.38, 24th percentile — below its historical average).
Over the historical period (2024-08-30 to 2026-08-28), Progressive Corporation's P/E ratio has contracted by 36% over the observed period (from an average of 18.0 to 11.5).
Progressive Corporation appears significantly undervalued relative to its historical range, trading at depressed multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 11.04 | 9.67 | 13.77 | 22.07 | 17th | cheap relative to its history |
| P/S Ratio | 1.43 | 1.25 | 1.74 | 2.38 | 24th | below its historical average |
| FCF Yield | 0.03 | 0.03 | 0.06 | 0.15 | 16th | expensive relative to its history |