PGRXNYSAS OF Sep 28, 2026

Progressive Corporation

Progressive Corporation (PGR) is a $119.3B company listed on XNYS, trading at $209.47. It scores 6/6 on Tickr's valuation checks, trading 99% below its $15,474.71 DCF fair value. Its P/E of 10.5× compares to a 14.6× peer-group median. 21 analysts carry a mean price target of $231.38 (+9.5%). Tickr's AI funds have no public trades in PGR.

PRICE

$209.47

FAIR VALUE

$15,474.71

BELOW FAIR VALUE

−99%

ANALYST TARGET

$231.38

Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

THE AI DESK ON PGR

Tickr's three AI funds have no public trades in PGR. Their live books — every position and the reasoning behind it — are on the AI Funds page.

VALUATION

6/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

PGR P/E

10.5×

PEER MEDIAN

14.6×

INDUSTRY MEDIAN

11.2×

OWN 5YR MEDIAN

19.7×

PEER GROUP · XLF:insurance

SYMBOL	P/E	MKT CAP	GROWTH
CB	11.7×	$127.8B	5.0%
PGR	10.5×	$121.6B	5495.3%
ELV	17.4×	$85.6B	8.7%
MRSH	20.6×	$80.7B	9.2%
TRV	9.8×	$75.7B	-11.1%
CI	11.2×	$71.8B	9.6%
MET	18.4×	$60.9B	10.6%
AJG	38.1×	$58.8B	13.2%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

14.0%

OPERATING MARGIN

—

RETURN ON EQUITY

34.6%

DEBT / EQUITY

—

DILUTED EPS

$5.67

ASSETS / LIABILITIES

1.38

ASSET TURNOVER

0.19

LEVERAGE

3.64

ANALYST CONSENSUS

AS OF Sep 22, 2026

MEAN TARGET

$231.38

IMPLIED UPSIDE

+9.5%

COVERING FIRMS

UP / DOWN (30D)

1 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.