The Progressive Corporation

UNDERVALUEDPGR · NYSE · Financial Services
PGR·NYSE·Financial Services
UNDERVALUED
The Progressive Corporation
66.3%upside
MARKET PRICE
$200.14
FAIR PRICE
$332.78
MARGIN
$132.64
UNDERVALUEDFAIROVERVALUED
P/E RATIO
11.5x
DIV. YIELD
6.85%
ROE
54.2%
MARKET CAP
$119B
FPI
fairpriceindex.com

FAIR PRICE VALUATION

66.3%upside

Updated daily

Model: DCF 50% · Relative 30% · Consensus 20%

MARKET PRICE

$200.14

FAIR PRICE

$332.78

MARGIN

$132.64

UNDERVALUEDFAIROVERVALUED

P/E Ratio

11.5x

What is P/E? →

Div. Yield

6.85%

ROE

54.2%

Exceptional

Market Cap

$119B

Large-cap

NOW AVAILABLE

Get notified when PGR's fair price changes

Push notifications when PGR's valuation shifts. Available on iOS and Android.

Download on the App StoreGet it on Google Play

FPI RATING

5.0/ 10

High-quality fundamentals, but weak profitability margins and volatile earnings pattern.

Analytical data, not an investment recommendation. Updated daily.

How we calculate this ↗

MARGIN OF SAFETY

A 20% margin of safety below fair value — the conservative entry level for risk-aware investors.

$266.22CONSERVATIVE ENTRY
$332.78FAIR PRICE
$200.14MARKET PRICE

SAFETY MARGIN

20%

Below fair value

ENTRY LEVEL

$266.22

Fair price × 0.80

DISTANCE

33.0%

Price to entry level

At the current price of $200.14, PGR trades 33.0% below the conservative entry level of $266.22. The stock is currently priced below the 20% margin of safety threshold, indicating a potential value opportunity based on the model.

Margin of safety is a risk management concept, not an investment recommendation. The 20% threshold follows Benjamin Graham's value investing framework. Fair price and entry levels are model-based estimates updated daily. Learn more about Margin of Safety ↗

VALUATION HISTORY

Loading chart data...

P/E RATIO HISTORY

Loading chart data...

METHODOLOGY

How we calculate PGR's fair price

The Progressive Corporation's fair price of $332.78 is derived from a blended model that combines DCF analysis (50%), relative valuation against Financial Services peers using metrics like P/E and EV/EBITDA (30%), and analyst consensus (20%). At the current market price of $200.14, PGR trades 66.3% below its calculated fair value.

DCF MODEL · 50%

Discounted free cash flow analysis based on projected cash flows, discounted at a rate reflecting PGR's risk profile.

RELATIVE · 30%

Comparing PGR's valuation multiples against Financial Services peers to determine if the stock is over or undervalued relative to its industry.

ANALYST · 20%

Aggregated analyst price targets for PGR, weighted by recency and analyst accuracy.

TRY IT YOURSELF

Want to test your own assumptions? Use our free calculators to estimate PGR's fair value with your own inputs.

LEARN MORE

Bulios

POWERED BY BULIOS

Get full analysis, financials, and AI insights for PGR.

Explore on Bulios

FAQ

What is the fair price of PGR?+

Based on our blended model combining DCF analysis (50%), relative valuation against Financial Services peers (30%), and analyst consensus (20%), the fair price for The Progressive Corporation is $332.78. At the current market price of $200.14, PGR trades 66.3% below its calculated fair value.

Is PGR overvalued or undervalued?+

The Progressive Corporation is currently undervalued based on our valuation model. The stock trades at $200.14, which is 66.3% below the fair price of $332.78. The P/E ratio of 11.5x is a key metric in the valuation.

What is the margin of safety for PGR?+

With a 20% margin of safety applied to the fair price of $332.78, the conservative entry level for PGR is $266.22. At the current market price of $200.14, the stock trades 33.0% below this entry level. Margin of safety is a risk management concept from Benjamin Graham's value investing framework, not an investment recommendation.

How often is PGR's fair price updated?+

We update fair price calculations for PGR daily after market close. The current fair price of $332.78 incorporates the latest market data and sector multiples.

What factors affect PGR's fair price calculation?+

PGR's fair price of $332.78 is derived from DCF analysis (50% weight), relative valuation against Financial Services peers (30% weight), and analyst consensus (20% weight). Key metrics include P/E of 11.5x, ROE of 54.2%, and dividend yield of 6.85%.

Is PGR a good buy right now?+

At $200.14, PGR trades 66.3% below our fair value estimate of $332.78. The stock is currently undervalued. ROE stands at 54.2% (exceptional). Fair Price Index provides valuation data — always do your own research before investing.

Does PGR pay dividends?+

PGR has a dividend yield of 6.85%.

RELATED STOCKS

Fair Price Index is for informational purposes only and does not constitute investment advice. Fair value calculations are model-based estimates and may not reflect actual market conditions. Always conduct your own research before making investment decisions.