SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
The Progressive Corporation (PGR) trades at a trailing P/E of 10.3, forward P/E of 12.1. Trailing earnings yield is 9.74%, forward earnings yield 8.28%. PEG 0.31 (Peter Lynch undervalued ≤1.0). Graham Number is $57.95.
Criteria proven by this page:
- VALUE (75/100, Pass) — P/E is below market average (10.3); PEG ≤ 1.0 — Peter Lynch undervalued (0.31); analyst target implies upside (+17.2%); earnings yield beats bond yields (9.74%).
- PEG Ratio 0.31 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 9.74% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income.
- Analyst consensus target $230.38 (+17.2% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 76/100 with 4/7 criteria passed.
SharesGrow 7-Criteria Score
✓
VALUE
75/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — PGR
Valuation Multiples
P/E (TTM)10.3
Forward P/E12.1
PEG Ratio0.31
Forward PEGN/A
P/B Ratio25.43
P/S Ratio1.32
EV/EBITDA7.8
Per Share Data
EPS (TTM)$19.22
Forward EPS (Est.)$16.27
Book Value / Share$7.76
Revenue / Share$149.01
FCF / Share$29.24
Yields & Fair Value
Earnings Yield9.74%
Forward Earnings Yield8.28%
Dividend Yield7.04%
Graham Number$57.95
SharesGrow IV$123.69 (-37.1%)
Analyst Target$230.38 (+17.2%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
20.0 |
-1.11 |
2.60 |
0.88 |
2.51% |
| 2017 |
20.5 |
0.37 |
3.52 |
1.22 |
1.21% |
| 2018 |
13.4 |
0.21 |
3.25 |
1.10 |
1.90% |
| 2019 |
10.6 |
0.21 |
3.09 |
1.08 |
3.95% |
| 2020 |
10.1 |
0.23 |
3.39 |
1.36 |
2.73% |
| 2021 |
17.9 |
-0.43 |
3.29 |
1.26 |
6.29% |
| 2022 |
105.0 |
-1.33 |
4.77 |
1.53 |
0.34% |
| 2023 |
23.9 |
0.05 |
4.59 |
1.50 |
0.30% |
| 2024 |
16.5 |
0.14 |
5.48 |
1.86 |
0.49% |
| 2025 |
11.8 |
0.35 |
29.24 |
1.52 |
2.15% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$1.76 |
$23.42B |
$1.03B |
4.4% |
| 2017 |
$2.72 |
$26.82B |
$1.59B |
5.9% |
| 2018 |
$4.46 |
$31.95B |
$2.62B |
8.2% |
| 2019 |
$6.72 |
$39B |
$3.97B |
10.2% |
| 2020 |
$9.66 |
$42.64B |
$5.7B |
13.4% |
| 2021 |
$5.66 |
$47.68B |
$3.35B |
7% |
| 2022 |
$1.18 |
$49.59B |
$722M |
1.5% |
| 2023 |
$6.58 |
$62.08B |
$3.9B |
6.3% |
| 2024 |
$14.40 |
$75.34B |
$8.48B |
11.3% |
| 2025 |
$19.23 |
$87.64B |
$11.31B |
12.9% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$16.24 |
$14.12 – $18.78 |
$89.17B |
$86.95B – $92.75B |
16 |
| 2027 |
$16.10 |
$14.53 – $17.93 |
$95.75B |
$90.75B – $99.25B |
15 |
| 2028 |
$15.92 |
$14.42 – $17.12 |
$101.58B |
$100.53B – $102.63B |
4 |
