Progressive Corporation (PGR) fundamentals: P/E, valuation, undervalued?
Progressive Corporation · Financials · ref. ETF XLF · price $222.88
In short — Progressive Corporation trades at 11.2× earnings (P/E), 13.6× forward, with a net margin of 12.8 % and revenue growth of +7 %. Read: Low P/E (P/E 11 (below the ~20 market average)).
Is Progressive Corporation stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$222.88-7.3% over range
Oct 14, 25low $190.4 · high $240.4Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
25% recommend buying · 12 analysts
Valuation : Low P/E — P/E 11 (below the ~20 market average)
Valuation
11.2
P/E (price/earnings)
13.6
Forward P/E
2.24
PEG
3.8
Price/book (P/B)
$129.4B
Market cap
19.94
EPS
Profitability & growth
12.8 %
Net margin
+7 %
Revenue growth
+5 %
Earnings growth
$8.4B
Total debt
Progressive Corporation income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $51.1B | $722M | 1.4 % |
| 2023 | $61.6B | $3.9B | 6.3 % |
| 2024 | $74.4B | $8.5B | 11.4 % |
| 2025 | $83.2B | $11.3B | 13.6 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Progressive Corporation's P/E and is the stock undervalued? What's a good P/E?
Progressive Corporation's P/E is 11.2 (forward 13.6). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Low P/E".
Is Progressive Corporation profitable?
Progressive Corporation has a net margin of 12.8 % (EPS 19.94). The company is profitable.
Is PGR stock expensive?
Our read: "Low P/E" — P/E 11 (below the ~20 market average). Cross-check with growth and sector.
💬 A question about Progressive Corporation? The JPI assistant answers using our backtest data.
Keep exploring Progressive Corporation