PGR - Progressive Corp-The Stock Price, Fair Value and News

209.87USD-2.33 (-1.10%)Market Closed

Market Summary

USD209.87-2.33

Market Closed

-1.10%

PGR Alerts

1 major insider sales recently.

PGR Stock Price

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PGR RSI Chart

PGR Valuation

Market Cap

122.9B

Price/Earnings (Trailing)

31.5

Price/Sales (Trailing)

1.98

EV/EBITDA

22.5

Price/Free Cashflow

11.83

PGR Price/Sales (Trailing)

PGR Profitability

EBT Margin

7.90%

Return on Equity

19.25%

Return on Assets

4.4%

Free Cashflow Yield

8.45%

PGR Fundamentals

PGR Revenue

Revenue (TTM)

62.1B

Rev. Growth (Yr)

25.4%

Rev. Growth (Qtr)

8.55%

PGR Earnings

Earnings (TTM)

3.9B

Earnings Growth (Yr)

140.54%

Earnings Growth (Qtr)

77.28%

Breaking Down PGR Revenue

Last 7 days

1.5%

Last 30 days

Last 90 days

19.2%

Trailing 12 Months

57.3%

How does PGR drawdown profile look like?

PGR Financial Health

Debt/Equity

0.13

Debt/Cashflow

4.16

PGR Investor Care

Dividend Yield

0.55%

Dividend/Share (TTM)

1.15

Shares Dilution (1Y)

0.06%

Diluted EPS (TTM)

6.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	52.1B	55.9B	58.7B	62.1B
2022	48.6B	49.1B	50.6B	49.6B
2021	44.8B	44.8B	45.2B	48.2B
2020	39.5B	41.0B	42.4B	42.7B
2019	33.0B	34.4B	35.5B	38.6B
2018	27.9B	29.4B	31.1B	32.0B
2017	24.2B	25.0B	25.8B	26.8B
2016	21.5B	22.1B	22.7B	23.4B
2015	19.6B	20.1B	20.6B	20.9B
2014	18.4B	18.6B	18.8B	19.4B
2013	17.4B	17.8B	17.9B	18.2B
2012	16.0B	16.3B	16.9B	17.1B
2011	15.4B	15.6B	15.7B	15.8B
2010	14.8B	14.9B	15.0B	15.2B
2009	12.7B	12.8B	14.2B	14.6B
2008	0	14.1B	13.5B	12.8B
2007	0	0	0	14.7B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

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Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

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Tracking the Latest Insider Buys and Sells of Progressive Corp-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	johnson devin c	sold	-208,326	208	-1,000	-
Apr 12, 2024	farah roger n	back to issuer	-	-	-2,549	-
Apr 12, 2024	bleser philip	back to issuer	-	-	-2,436	-
Apr 12, 2024	fitt lawton w	back to issuer	-	-	-3,898	-
Mar 11, 2024	bauer jonathan s.	acquired	-	-	3,893	chief investment officer
Mar 11, 2024	griffith susan patricia	acquired	-	-	14,501	president and ceo
Mar 11, 2024	griffith susan patricia	sold (taxes)	-1,225,920	196	-6,228	president and ceo
Mar 11, 2024	griffith susan patricia	sold (taxes)	-1,280,250	196	-6,504	president and ceo
Mar 11, 2024	sauerland john p	acquired	-	-	4,465	vp and chief financial officer
Mar 11, 2024	bauer jonathan s.	sold (taxes)	-363,367	196	-1,846	chief investment officer

Which funds bought or sold PGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Essex Financial Services, Inc.	added	7.79	107,675	377,635	0.04%
Apr 24, 2024	Simplicity Wealth,LLC	new	-	2,755,720	2,755,720	0.07%
Apr 24, 2024	CHILDRESS CAPITAL ADVISORS, LLC	new	-	202,915	202,915	0.06%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-6.99	2,148,000	12,484,000	0.05%
Apr 24, 2024	MARINO, STRAM & ASSOCIATES LLC	unchanged	-	242,787	1,056,230	0.25%
Apr 24, 2024	Cubic Asset Management, LLC	unchanged	-	371,239	1,615,060	0.38%
Apr 24, 2024	DIAMANT ASSET MANAGEMENT, INC.	reduced	-0.02	1,291,580	5,622,400	3.90%
Apr 24, 2024	RITHOLTZ WEALTH MANAGEMENT	added	5.18	376,712	1,407,010	0.05%
Apr 24, 2024	Freedom Day Solutions, LLC	reduced	-4.27	155,050	793,029	0.28%
Apr 24, 2024	Carmichael Hill & Associates, Inc.	unchanged	-	4,897	21,303	0.01%

Are Funds Buying or Selling PGR?

Are funds buying PGR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PGR

No. of Funds

PGR Alerts

1 major insider sales recently.

Unveiling Progressive Corp-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.79%	51,466,044	SC 13G/A
Feb 12, 2024	blackrock inc.	8.0%	46,567,728	SC 13G/A
Feb 09, 2023	vanguard group inc	8.64%	50,562,142	SC 13G/A
Jan 31, 2023	blackrock inc.	7.4%	43,452,644	SC 13G/A
Feb 10, 2022	vanguard group inc	8.08%	47,203,179	SC 13G/A
Feb 04, 2022	wellington management group llp	4.84%	28,261,623	SC 13G/A
Feb 01, 2022	blackrock inc.	7.8%	45,790,327	SC 13G/A
Feb 10, 2021	vanguard group inc	8.25%	48,263,533	SC 13G/A
Feb 04, 2021	wellington management group llp	5.81%	34,012,839	SC 13G/A
Jan 29, 2021	blackrock inc.	7.5%	44,189,367	SC 13G/A

Recent SEC filings of Progressive Corp-The

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	4	Insider Trading
Apr 17, 2024	144	Notice of Insider Sale Intent
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading

Peers (Alternatives to Progressive Corp-The)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-2.55%	3152.72%	-4.8K	757.88	-10.27%	-34.69%
AJG	51.4B	10.1B	-3.58%	14.29%	52.97	5.1	17.79%	-12.97%
AIG	50.8B	46.8B	-2.09%	47.18%	13.95	1.09	-14.05%	-64.38%
TRV	49.0B	42.9B	-5.35%	20.38%	15.6	1.14	13.52%	12.15%
AFL	48.3B	18.7B	-0.62%	28.14%	10.37	2.58	-2.30%	5.45%
ACGL	34.8B	13.6B	2.42%	28.38%	7.84	2.55	41.83%	201.02%
AFG	10.8B	7.8B	-3.33%	8.21%	12.64	1.38	11.18%	-5.12%
MID-CAP
UNM	9.8B	12.4B	-2.20%	29.55%	7.66	0.79	3.35%	-8.77%
AIZ	9.0B	11.1B	-2.47%	51.84%	14.04	0.81	9.21%	132.28%
LNC	4.7B	11.6B	-4.15%	40.05%	-6.31	0.41	-38.09%	-155.38%
AEL	4.5B	2.8B	-0.21%	50.85%	21.2	1.57	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-3.50%	9.50%	-17.79	1.32	24.25%	-115.79%
AMSF	876.6M	306.9M	3.35%	-3.65%	14.11	2.86	4.11%	11.70%
AMBC	649.5M	269.0M	-4.02%	-5.70%	144.32	2.41	-46.68%	-99.14%
AAME	38.8M	186.8M	-31.29%	-16.04%	-226.69	0.21	-0.56%	-111.21%

Progressive Corp-The News

Latest updates

Progressive Corp-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	8.6%	16,891	15,561	15,354	14,303	13,470	12,780	11,519	11,842	14,422	11,365	10,982	11,445	11,416	10,947	10,972	9,323	11,161	9,531	9,451	8,460	8,035
EBITDA Margin	29.7%	0.09*	0.07*	0.05*	0.03*	0.03*	0.03*	0.03*	0.07*	0.10*	0.12*	0.17*	0.19*	0.18*	0.16*	0.15*	0.12*	0.14*	0.13*	-	-	-
Interest Expenses	0%	70.00	70.00	66.00	63.00	63.00	63.00	63.00	54.00	52.00	54.00	56.00	56.00	56.00	56.00	56.00	48.00	47.00	48.00	47.00	47.00	46.00
Income Taxes	78.5%	516	289	90.00	107	199	18.00	-93.00	76.00	242	21.00	209	388	422	393	478	176	264	167	265	485	-17.60
Earnings Before Taxes	77.5%	2,503	1,410	436	554	1,025	143	-635	390	1,204	139	999	1,868	2,106	1,924	2,269	875	1,339	1,010	1,244	1,568	242
EBT Margin	35.3%	0.08*	0.06*	0.04*	0.02*	0.02*	0.02*	0.02*	0.06*	0.09*	0.11*	0.15*	0.18*	0.17*	0.15*	0.13*	0.11*	0.13*	0.11*	-	-	-
Net Income	77.3%	1,988	1,121	345	448	826	124	-542	314	962	119	790	1,480	1,688	1,531	1,790	693	1,071	842	979	1,078	265
Net Income Margin	34.5%	0.06*	0.05*	0.03*	0.02*	0.01*	0.02*	0.02*	0.04*	0.07*	0.09*	0.12*	0.14*	0.13*	0.12*	0.11*	0.09*	0.10*	0.09*	-	-	-
Free Cashflow	-30.4%	2,355	3,383	2,247	2,406	883	1,919	1,326	2,429	397	2,281	2,276	2,564	1,500	1,414	2,205	1,563	1,046	1,681	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.5%	88,691	85,653	82,945	80,407	75,465	75,524	73,057	73,930	71,132	72,618	69,824	65,413	64,098	62,906	59,421	56,266	54,911	54,008	51,324	48,850	46,575
Cash Equivalents	-28.0%	100	138	180	289	221	365	241	287	202	286	115	123	77.00	91.00	109	370	227	46.00	93.00	159	75.00
Net PPE	-4.2%	881	920	989	949	1,034	1,067	1,125	1,104	1,137	1,161	1,086	1,077	1,106	1,182	1,190	1,215	1,214	1,214	1,175	1,127	1,132
Goodwill	-100.0%	-	228	228	228	228	228	228	453	453	453	453	453	453	453	453	453	453	453	453	453	453
Liabilities	0.2%	68,414	68,257	66,234	63,539	59,574	60,748	57,405	56,878	52,901	54,060	51,149	47,577	47,060	44,819	42,751	41,689	41,012	39,662	37,773	36,518	35,539
Shareholder's Equity	16.6%	20,277	17,395	16,711	1,908	15,891	14,776	15,653	585	18,232	18,558	1,712	494	932	18,087	585	404	585	14,123	584	9,358	8,387
Retained Earnings	8.2%	18,801	17,381	16,350	16,080	15,721	14,988	14,968	15,570	15,340	15,390	15,401	14,680	13,355	14,428	13,002	11,266	10,680	10,995	10,276	9,358	8,387
Additional Paid-In Capital	1.8%	2,013	1,978	1,936	1,908	1,893	1,840	1,815	1,789	1,773	1,736	1,712	1,686	1,673	1,629	1,615	1,602	1,573	1,539	1,523	1,497	1,479
Accumulated Depreciation	3.6%	1,655	1,597	1,580	1,576	1,551	1,499	1,513	1,456	1,407	1,422	1,397	1,319	1,291	1,265	1,242	1,192	1,138	1,085	1,106	1,065	1,033
Shares Outstanding	0%	585	585	585	585	584	584	584	584	585	585	585	585	585	585	585	585	584	584	-	-	-
Float	-	-	-	76,907	-	-	-	67,446	-	-	-	56,938	-	-	-	46,424	-	-	-	46,188	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-28.7%	2,437	3,420	2,337	2,450	930	2,027	1,390	2,502	452	2,371	2,324	2,615	1,547	1,480	2,253	1,626	1,128	1,759	1,506	1,869	1,083
Cashflow From Investing	30.0%	-2,346	-3,352	-2,867	-2,277	-995	-1,781	-1,377	-3,802	455	-1,556	-2,243	225	-1,466	-1,380	-2,217	-1,053	-885	-1,673	-1,501	-277	-1,378
Cashflow From Financing	-19.6%	-129	-108	421	-104	-78.90	-121	-59.30	1,385	-990	-643	-89.10	-2,792	-95.70	-117	-296	-429	-61.70	-131	-70.30	-1,507	247
Dividend Payments	0%	59.00	59.00	59.00	59.00	-	-	-	59.00	-	-	-	2,695	-	-	-	-	-	-	-	-	-

PGR Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Revenues

Net premiums earned

$ 58,664.4

$ 49,241.2

$ 44,368.7

Investment income

1,891.8

1,260.3

860.9

Net realized gains (losses) on securities:

Net realized gains (losses) on security sales

13.7

196.5

614.3

Net holding period gains (losses) on securities

348.4

(2,100.1)

899.9

Net impairment losses recognized in earnings

(9.0)

(8.6)

(5.0)

Total net realized gains (losses) on securities

353.1

(1,912.2)

1,509.2

Fees and other revenues

889.1

722.1

691.8

Service revenues

310.1

299.3

271.4

Total revenues

62,108.5

49,610.7

47,702.0

Expenses

Losses and loss adjustment expenses

45,654.6

38,122.7

33,627.6

Policy acquisition costs

4,665.1

3,917.0

3,712.8

Other underwriting expenses

6,241.5

5,859.6

5,654.7

Investment expenses

26.2

24.3

25.5

Service expenses

349.0

296.7

252.8

Interest expense

268.4

243.5

218.6

Goodwill impairment

0.0

224.8

0.0

Total expenses

57,204.8

48,688.6

43,492.0

Net Income

Income before income taxes

4,903.7

922.1

4,210.0

Provision for income taxes

1,001.3

200.6

859.1

Net income

3,902.4

721.5

3,350.9

Changes in:

Total net unrealized gains (losses) on fixed-maturity securities

1,185.5

(2,842.5)

(891.1)

Net unrealized losses on forecasted transactions

0.5

0.4

0.7

Foreign currency translation adjustment

0.3

(0.6)

Other comprehensive income (loss)

1,186.3

(2,842.7)

(891.0)

Comprehensive income (loss)

5,088.7

(2,121.2)

2,459.9

Computation of Earnings Per Common Share

Net income

3,902.4

721.5

3,350.9

Less: Preferred share dividends

^[1]

37.6

26.9

Net income available to common shareholders

$ 3,864.8

$ 694.6

$ 3,324.0

Average common shares outstanding - Basic

584.9

584.4

584.5

Net effect of dilutive stock-based compensation

2.6

2.7

2.6

Total average equivalent common shares - Diluted

587.5

587.1

Basic: Earnings per share (usd per share)

$ 6.61

$ 1.19

$ 5.69

Diluted: Earnings per share (usd per share)

$ 6.58

$ 1.18

$ 5.66

[1]	Changed to a floating dividend rate in March 2023. See Note 14 – Dividends for further discussion.

PGR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Dec. 31, 2023

Dec. 31, 2022

Available-for-sale securities, at fair value:

Fixed maturities (amortized cost: $62,441.9 and $50,264.0)

$ 60,378.2

$ 46,651.9

Short-term investments (amortized cost: $1,789.9 and $2,861.7)

1,789.9

2,861.7

Total available-for-sale securities

62,168.1

49,513.6

Equity securities, at fair value:

Nonredeemable preferred stocks (cost: $977.1 and $1,364.2)

902.1

1,213.2

Common equities (cost: $706.0 and $826.1)

2,928.4

2,821.5

Total equity securities

3,830.5

4,034.7

Total investments

65,998.6

53,548.3

Cash and cash equivalents

84.9

203.5

Restricted cash and cash equivalents

14.7

17.4

Total cash, cash equivalents, restricted cash, and restricted cash equivalents

99.6

220.9

Accrued investment income

438.0

282.5

Premiums receivable, net of allowance for credit losses of $369.1 and $343.3

11,958.2

10,416.9

Reinsurance recoverables

5,093.9

5,832.1

Prepaid reinsurance premiums

249.8

295.5

Deferred acquisition costs

1,687.4

1,544.4

Property and equipment, net of accumulated depreciation of $1,655.1 and $1,551.1

880.8

1,034.0

Net federal deferred income taxes

936.0

1,131.5

Other assets

1,348.5

1,158.9

Total assets

88,690.8

75,465.0

Liabilities

Unearned premiums

20,133.7

17,293.6

Loss and loss adjustment expense reserves

34,389.2

30,359.3

Accounts payable, accrued expenses, and other liabilities

^[1]

7,002.2

5,532.8

Debt

^[2]

6,888.6

6,388.3

Total liabilities

68,413.7

59,574.0

Shareholders' Equity

Serial Preferred Shares, Series B, no par value (cumulative, liquidation preference of $1,000 per share) (authorized, issued, and outstanding 0.5)

493.9

Common shares, $1.00 par value (authorized 900.0; issued 797.6, including treasury shares of 212.3 and 212.7)

585.3

584.9

Paid-in capital

2,013.1

1,893.0

Retained earnings

18,800.5

15,721.2

Accumulated other comprehensive income (loss):

Net unrealized gains (losses) on fixed-maturity securities

(1,600.8)

(2,786.3)

Net unrealized losses on forecasted transactions

(14.0)

(14.5)

Foreign currency translation adjustment

(0.9)

(1.2)

Total accumulated other comprehensive income (loss)

(1,615.7)

(2,802.0)

Total shareholders’ equity

20,277.1

15,891.0

Total liabilities and shareholders’ equity

$ 88,690.8

$ 75,465.0

[1]	See Note 1 – Reporting and Accounting Policies,Commitments and Contingencies and Note 12 – Litigation for further discussion.
[2]	Consists of long-term debt. See Note 4 – Debt for further discussion.

About Progressive Corp-The

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; and acts as an agent to homeowners, general liability, workers' compensation insurance, and other products. It also provides reinsurance services. The company sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

CEO	Ms. Susan Patricia Griffith
WEBSITE	progressive.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	55100

Progressive Corp-The Frequently Asked Questions

What is the ticker symbol for Progressive Corp-The? What does PGR stand for in stocks?

PGR is the stock ticker symbol of Progressive Corp-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Progressive Corp-The (PGR)?

As of Wed Apr 24 2024, market cap of Progressive Corp-The is 124.28 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PGR stock?

You can check PGR's fair value in chart for subscribers.

What is the fair value of PGR stock?

You can check PGR's fair value in chart for subscribers. The fair value of Progressive Corp-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Progressive Corp-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PGR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Progressive Corp-The a good stock to buy?

The fair value guage provides a quick view whether PGR is over valued or under valued. Whether Progressive Corp-The is cheap or expensive depends on the assumptions which impact Progressive Corp-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PGR.

What is Progressive Corp-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, PGR's PE ratio (Price to Earnings) is 31.85 and Price to Sales (PS) ratio is 2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PGR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Progressive Corp-The's stock?

In the past 10 years, Progressive Corp-The has provided 0.275 (multiply by 100 for percentage) rate of return.