The Progressive Corporation PGR

205.50 3.33 1.65% as of 25 Sep
Market cap
$117.7B
P/E
10.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

The Progressive Corporation (PGR) P/E ratio

As of 25 September 2026, The Progressive Corporation (PGR) trades at a P/E ratio of 10.3×. Over the past ten years it has ranged from 8.3× (June 2021) to 122× (March 2023); the current reading is higher than 7% of that period. That is in line with the Insurance Property & Casualty industry median of 10.3× and below the Financial sector median of 12.6×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 11.8× (28.86%)
FY2024 16.6× (32.24%)
FY2023 24.5× (77.61%)
FY2022 109× 506.20%
FY2021 18.0× 76.97%
FY2020 10.2× (4.95%)
FY2019 10.7× (20.90%)
FY2018 13.6× (33.39%)
FY2017 20.4× 1.39%
FY2016 20.1× 35.72%

Quarterly

Period P/E ratio Change
Jun 2026 10.9× 8.76%
Mar 2026 10.1× (14.84%)
Dec 2025 11.8× (12.66%)
Sep 2025 13.5× (9.84%)
42 more quarters

Against its own ten years

Low 8.3× High 122×
Ten-year median 16.1×
Current reading's percentile 7

P/E ratio against peers

Company P/E ratio
ALL The Allstate Corporation compare 4.5×
CINF Cincinnati Financial Corporation compare 7.6×
MKL Markel Group Inc. compare 9.5×
TRV The Travelers Companies, Inc. compare 9.6×
PGR The Progressive Corporation 10.3×
CB Chubb Limited compare 11.7×
AIZ Assurant, Inc. compare 12.5×
L Loews Corporation compare 12.8×
WRB W.R. Berkley Corporation compare 13.7×
Insurance Property & Casualty industry median 10.3×
Financial sector median 12.6×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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