The Progressive Corporation PGR
205.50
3.33
1.65%
as of 25 Sep
- Market cap
- $117.7B
- P/E
- 10.3×
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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 | Free account |
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)
More on PGR
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement