US · PGR
The Progressive Corporation
- Sector
- Financial Services · Insurance - Property & Casualty
- Headquarters
- Mayfield, OH 44143
- Website
- progressive.com
Price · as of 2024-12-31
$199.31
Market cap 125.29B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $165.38 | -17.02% |
| Intrinsic Value(DCF) | $123.15 | -38.21% |
| Graham-Dodd Method(GD) | $98.26 | -50.7% |
| Graham Formula(GF) | $414.22 | +107.83% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $13.00 | $20.53 | $0.00 | $0.00 | $20.04 |
| 2011 | $13.77 | $25.28 | $7.07 | $10.96 | $18.89 |
| 2012 | $16.75 | $22.52 | $8.70 | $0.00 | $24.18 |
| 2013 | $17.54 | $30.67 | $9.56 | $15.66 | $27.72 |
| 2014 | $19.52 | $25.09 | $14.07 | $0.00 | $31.74 |
| 2015 | $25.18 | $29.89 | $30.72 | $12.17 | $33.34 |
| 2016 | $30.54 | $28.70 | $94.33 | $8.38 | $35.43 |
| 2017 | $47.62 | $33.76 | $206.07 | $18.70 | $60.57 |
| 2018 | $59.22 | $60.07 | $473.89 | $23.04 | $118.98 |
| 2019 | $68.36 | $72.24 | $947.49 | $13.74 | $198.41 |
| 2020 | $83.15 | $88.98 | $661.09 | $36.66 | $166.99 |
| 2021 | $96.11 | $87.00 | $393.64 | $0.00 | $111.32 |
| 2022 | $128.50 | $91.00 | $19.17 | $26.29 | $14.77 |
| 2023 | $182.58 | $130.51 | $556.51 | $60.52 | $215.10 |
| 2024 | $262.81 | $165.38 | $1,483.63 | $98.26 | $414.22 |
AI valuation
Our deep-learning model estimates The Progressive Corporation's (PGR) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $165.38
- Current price
- $199.31
- AI upside
- -17.02%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$123.15
-38.21% upside
Graham-Dodd
$98.26
-50.7% upside
Graham Formula
$414.22
+107.83% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| PGR | The Progressive Corporati… | $199.31 | 125.29B | -17% | -38% | -51% | +108% | 18.15 | 6.01 | 2.04 | 7.51 | 15.27 | 6.58 | 27.74% | 14.22% | 11.26% | 36.98% | -21.55% | 8.72% | 0.27 | 38.40 | — | — | 0.60 | 11884.00% | 2136.00% | 4275.00% | 9.64% | — | -37.70% | 0.44% | 8.00% | 0.89% | 7.90 | 5.71 | 1.12 | 2.78 |
| BAC | Bank of America Corporati… | $49.83 | 363.88B | -30% | -32% | -34% | -48% | 12.02 | 1.21 | 1.94 | -6.31 | 64.53 | 1.57 | 55.42% | 18.48% | 16.23% | 10.19% | 371.61% | 0.91% | 1.21 | 0.44 | 0.42 | 0.42 | 3.66 | 1863.00% | -191.00% | -24325.00% | 3.44% | 0.00 | 153.03% | 2.61% | 31.30% | 70.57% | -6.62 | -18.31 | -1.22 | -0.26 |
| BBVA | Banco Bilbao Vizcaya Arge… | $23.13 | 132.44B | +295% | -36% | -61% | +6% | 11.68 | 1.98 | 3.07 | -4.54 | 1962.60 | 2.08 | 83.56% | 43.94% | 28.46% | 17.19% | -24.66% | 1.19% | 1.43 | — | 0.44 | 0.44 | -0.68 | 60.00% | 408.00% | -68124.00% | 99.28% | 0.18 | -249.73% | 3.55% | 41.50% | 90.40% | -4.97 | -0.72 | -2.18 | -0.31 |
| CB | Chubb Limited | $340.86 | 134.15B | -33% | +24% | -7% | +7% | 13.18 | 1.84 | 2.28 | 13.24 | 98.75 | 2.87 | 46.22% | 38.90% | 17.30% | 14.97% | 33.88% | 3.97% | 0.00 | 30.34 | — | — | -0.25 | 1335.00% | 611.00% | -2080.00% | 9.43% | — | 23.01% | 0.00% | 0.00% | 11.38% | 5.76 | 10.41 | 2.24 | 0.92 |
| IBKR | Interactive Brokers Group… | $71.19 | 31.71B | +12% | -60% | -74% | -46% | 7.33 | 5.95 | 3.12 | 2.97 | 25.87 | 5.95 | 89.78% | 85.99% | 9.62% | 90.37% | 92.73% | 2.47% | 0.00 | 2.09 | 0.61 | 0.61 | -0.54 | 2832.00% | 983.00% | 8149.00% | 49.32% | 0.10 | 181.72% | 0.42% | 3.10% | 55.74% | 3.07 | 1.71 | 2.64 | -0.07 |
| IBN | ICICI Bank Limited | $30.51 | 109.1B | -44% | +28% | -53% | +69% | 20.88 | 3.43 | 3.66 | 6.33 | 142.53 | 3.53 | 68.11% | 24.78% | 17.32% | 18.11% | 19.98% | 2.06% | 0.65 | 0.82 | 0.19 | 0.18 | -0.21 | 1465.00% | 2519.00% | -4962.00% | 7.18% | 0.05 | 28.34% | 0.66% | 13.80% | 4.88% | 14.29 | 13.48 | 3.54 | -0.14 |
| TD | The Toronto-Dominion Bank | $97.36 | 164B | +109% | -38% | -59% | -52% | 11.01 | 1.77 | 1.95 | 28.09 | 7.60 | 2.14 | 49.01% | 20.67% | 17.73% | 16.90% | 3.47% | 0.99% | 5.19 | 0.44 | 0.12 | 0.12 | 20.93 | 14492.00% | -280.00% | -23607.00% | -31.75% | -0.04 | -12.14% | 3.39% | 37.30% | 12.60% | 30.64 | -10.22 | 6.33 | -0.61 |
| TRV | The Travelers Companies, … | $308.64 | 68.85B | -30% | -30% | -34% | +19% | 11.08 | 2.12 | 1.43 | 8.13 | 39.90 | 2.44 | 44.25% | 15.97% | 12.88% | 20.70% | 27.25% | 4.54% | 0.28 | 18.34 | 0.23 | 0.23 | 0.95 | 2776.00% | 517.00% | -10000.00% | 0.00% | 0.12 | 0.00% | 1.41% | 15.60% | 5.90% | 9.28 | — | 1.48 | 0.84 |
| UBS | UBS Group AG | $41.43 | 130.91B | +65% | -41% | -13% | — | 16.88 | 1.15 | 1.76 | 5.25 | 73.30 | 1.25 | 63.65% | 11.89% | 10.43% | 7.02% | 5.01% | 0.39% | 3.82 | 0.33 | 0.42 | 0.42 | 14.12 | 2303.00% | -2043.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 7.14 | — | 0.85 | -0.27 |
About The Progressive Corporation
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 primary 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, 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 personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
- CEO
- Susan Patricia Griffith
- Employees
- 66.31K
- Beta
- 0.32
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($123.15 ÷ $199.31) − 1 = -38.21% (DCF, example).