Progressive Corp Valuation
| PGR Stock | USD 262.61 1.43 0.54% |
At this time, the company appears to be overvalued. Progressive Corp holds a recent Real Value of $186.92 per share. The prevailing price of the company is $262.61. Our model determines the value of Progressive Corp from analyzing the company fundamentals such as Operating Margin of 0.15 %, shares outstanding of 585.81 M, and Return On Equity of 0.36 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Progressive Corp's valuation include:
Price Book 5.6952 | Enterprise Value 161.4 B | Enterprise Value Ebitda 21.8519 | Price Sales 2.1379 | Forward PE 20.1613 |
Overvalued
Today
Please note that Progressive Corp's price fluctuation is very steady at this time. Calculation of the real value of Progressive Corp is based on 3 months time horizon. Increasing Progressive Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Progressive stock is determined by what a typical buyer is willing to pay for full or partial control of Progressive Corp. Since Progressive Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Progressive Stock. However, Progressive Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 262.61 | Real 186.92 | Target 155.87 | Hype 262.66 | Naive 261.09 |
The intrinsic value of Progressive Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Progressive Corp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Progressive Corp helps investors to forecast how Progressive stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Progressive Corp more accurately as focusing exclusively on Progressive Corp's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Progressive Corp's intrinsic value based on its ongoing forecasts of Progressive Corp's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Progressive Corp's closest peers.
Progressive Corp Cash |
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Progressive Valuation Drivers Correlation
Many accounts on the financial statements of Progressive Corp are highly interrelated and sometimes correlated. Consequently, when conducting Progressive's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Progressive
Click cells to compare fundamentals
Progressive Valuation Trend
Progressive Corp's real value is important for investors to make better decisions and a more accurate overall view of Progressive Corp's financial worth over time. Using both Progressive Corp's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Progressive Revenue by Product
Progressive Corp Total Value Analysis
Progressive Corp is at this time forecasted to have company total value of 161.43 B with market capitalization of 153.84 B, debt of 6.89 B, and cash on hands of 4.59 B. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Progressive Corp fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
161.43 B | 153.84 B | 6.89 B | 4.59 B |
Progressive Corp Investor Information
About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.05. Progressive Corp recorded earning per share (EPS) of 13.76. The entity last dividend was issued on the 3rd of October 2024. The firm had 4:1 split on the 19th of May 2006. Based on the analysis of Progressive Corp's profitability, liquidity, and operating efficiency, Progressive Corp may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.0791 | 0.0833 |
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| Total Cash From Operating Activities | 11.2 B | 10.6 B |
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| Operating Income | 5.4 B | 5.2 B |
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Progressive Corp Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Progressive Corp has an asset utilization ratio of 70.0 percent. This connotes that the Company is making $0.7 for each dollar of assets. An increasing asset utilization means that Progressive Corp is more efficient with each dollar of assets it utilizes for everyday operations.Progressive Corp Ownership Allocation
Progressive Corp owns a total of 585.81 Million outstanding shares. The majority of Progressive Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Progressive Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Progressive Corp. Please pay attention to any change in the institutional holdings of Progressive Corp as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Progressive Corp's common stock.Progressive Corp Profitability Analysis
The company reported the last year's revenue of 62.08 B. Total Income to common stockholders was 3.9 B with profit before taxes, overhead, and interest of 1.69 B.Progressive Corp Past Distributions to stockholders
About Progressive Corp Valuation
The stock valuation mechanism determines Progressive Corp's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Progressive Corp based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Progressive Corp. We calculate exposure to Progressive Corp's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Progressive Corp's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 62.1 B | 65.2 B | |
| Pretax Profit Margin | 0.08 | 0.13 | |
| Operating Profit Margin | 0.08 | 0.08 | |
| Net Profit Margin | 0.06 | 0.10 | |
| Gross Profit Margin | 1.00 | 0.80 |
Progressive Corp Quarterly Retained Earnings |
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A single share of Progressive Corp represents a small ownership stake in the entity. As a stockholder of Progressive, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Progressive Corp Dividends Analysis For Valuation
At this time, Progressive Corp's Dividends Paid is relatively stable compared to the past year. As of 12/04/2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 21.10, while Dividend Yield is likely to drop 0. . At this time, Progressive Corp's Retained Earnings are relatively stable compared to the past year. As of 12/04/2024, Retained Earnings Total Equity is likely to grow to about 18.5 B, while Price Earnings Ratio is likely to drop 14.18.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 277.6 M | 453.8 M | |
| Dividend Payout Ratio | 0.07 | 0.07 | |
| Dividend Paid And Capex Coverage Ratio | 20.10 | 21.10 |
There are various types of dividends Progressive Corp can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Progressive shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Progressive Corp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Progressive pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Progressive Corp by the value of the dividends paid out.
Progressive Corp Growth Indicators
Investing in growth stocks can be very risky. If the company such as Progressive Corp does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 587.5 M | |
| Quarterly Earnings Growth Y O Y | 1.101 | |
| Forward Price Earnings | 20.1613 |
Progressive Corp Current Valuation Indicators
Progressive Corp's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Progressive Corp's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Progressive Corp, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Progressive Corp's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Progressive Corp's worth.Additional Tools for Progressive Stock Analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.