PGR PE Ratio 2026
Progressive Corp Price to Earnings Analysis
Current P/E Ratio
11.88
Stock Price
$205.06
EPS (TTM)
$18.22
Valuation
Undervalued
PE Ratio Breakdown
Trailing P/E (TTM)
11.88
Based on last 12 months earnings
Financial Services Industry Avg
20.00
PGR is 41% below industry
PEG Ratio
98.20
Potentially overvalued
What Does PGR P/E Ratio Mean?
Current Valuation
At a P/E ratio of 11.88, investors are paying $11.88 for every $1 of PGR's annual earnings. This relatively low P/E could indicate the stock is undervalued or that growth prospects are limited.
Industry Comparison
Compared to the Financial Services industry average P/E of 20, PGR is trading at a discount. This discount may present a value opportunity or could reflect higher risk or slower growth.
PE Ratio Calculator
How P/E ratio changes with different stock prices:
At $164.05
P/E: 9.00
20% lower
At $184.55
P/E: 10.13
10% lower
At $225.57
P/E: 12.38
10% higher
At $246.07
P/E: 13.51
20% higher
Get Complete PGR Valuation Analysis
DCF model, comparable companies, and AI-powered insights
Frequently Asked Questions
What is PGR PE ratio?
PGR (Progressive Corp) has a price-to-earnings (P/E) ratio of 11.88. This means investors are paying $11.88 for every $1 of PGR's annual earnings. The P/E ratio is a key valuation metric used to assess whether a stock is overvalued or undervalued relative to its earnings.
What is a good PE ratio?
A "good" P/E ratio depends on the industry and growth prospects. Generally, a P/E ratio between 15-25 is considered reasonable for mature companies. Growth stocks often trade at higher P/E ratios (30-50+) due to expected future earnings growth. Value stocks typically have lower P/E ratios (below 15). Compare PGR's P/E of 11.88 to its industry average and historical range.
Is PGR overvalued based on PE ratio?
PGR's P/E ratio of 11.88 is below the Financial Services industry average of approximately 20. This could indicate the stock is undervalued relative to peers, though it's important to investigate why it trades at a discount.
What is the difference between forward and trailing PE ratio?
The trailing P/E ratio uses earnings from the past 12 months (historical data), while the forward P/E ratio uses projected earnings for the next 12 months (future estimates). PGR's trailing P/E is 11.88. Forward P/E is often more useful for growth companies as it reflects expected future performance.
How do you calculate PE ratio?
P/E ratio is calculated by dividing the stock price by earnings per share (EPS). Formula: P/E = Stock Price / EPS. For PGR, with a current price of $205.06 and EPS of $18.22, the P/E ratio is 11.25. A higher P/E means investors pay more per dollar of earnings.
What is PEG ratio and how does it relate to PE?
The PEG (Price/Earnings to Growth) ratio adjusts the P/E ratio for earnings growth. It's calculated as P/E / Earnings Growth Rate. PGR's PEG ratio is approximately 98.20. A PEG below 1.0 suggests the stock may be undervalued relative to its growth rate, while above 2.0 may indicate overvaluation.