PGR
Progressive
PEG ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: PGR
- PEG Ratio
Based on the most recent data from Jun 23, 2026, PGR's PEG ratio comes in at 0.33. This metric factors in a PE of 10.93 with an earnings growth rate of 32.7%. Relative to the 0.34 average from the previous four quarters, the PEG ratio has decreased by 3.6%.
PGR PEG ratio history
Looking at the last nine years, PGR's PEG ratio has has been around 0.33 on average. Today's 0.33 PEG ratio aligns closely with its historical average. Within the last nine years, the Sep 2019 quarter recorded the highest PEG value at 1.89. At 0.04, the Mar 2024 quarter showed the minimum PEG ratio in this period.
Progressive PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.35 | 11.81 | 33.5% |
| 2024 | 0.14 | 16.58 | 118.6% |
| 2023 | 0.05 | 24.1 | 455.5% |
| 2022 | N/A | 109 | -79.1% |
| 2021 | N/A | 18.04 | -41.4% |
| 2020 | 0.23 | 10.18 | 43.9% |
| 2019 | 0.21 | 10.72 | 51.7% |
| 2018 | 0.22 | 13.56 | 62.4% |
| 2017 | 0.38 | 20.55 | 54.8% |
| 2016 | N/A | 20.06 | -18.1% |
| 2015 | N/A | 14.72 | -0.5% |
| 2014 | 1.1 | 12.44 | 11.3% |
| 2013 | 0.47 | 13.98 | 30% |
| 2012 | N/A | 14.07 | -6.8% |
| 2011 | N/A | 12.12 | -0.6% |
Progressive PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.31 | 10.05 | 32.7% |
| Dec 2025 | 0.35 | 11.81 | 33.5% |
| Sep 2025 | 0.42 | 13.51 | 32.5% |
| Jun 2025 | 0.29 | 14.99 | 51.9% |
| Mar 2025 | 0.37 | 19.03 | 51.7% |
| Dec 2024 | 0.14 | 16.58 | 118.6% |
| Sep 2024 | 0.09 | 18.39 | 198.7% |
| Jun 2024 | 0.06 | 17.72 | 301.4% |
| Mar 2024 | 0.04 | 21.1 | 595% |
| Dec 2023 | 0.05 | 24.1 | 455.5% |
| Sep 2023 | 0.14 | 30.15 | 223.1% |
| Jun 2023 | 0.43 | 45.33 | 105.6% |
| Mar 2023 | N/A | 101.46 | -61.9% |
| Dec 2022 | N/A | 109 | -79.1% |
| Sep 2022 | N/A | 81.27 | -79.3% |
PGR average PEG ratio chart
PGR's PEG ratio today is higher than its 3 and 5-year averages.
PEG comparison
With a PEG of 0.33, PGR stands above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 0.47, Progressive's PEG is 30% lower.
PGR EPS growth
PGR Price vs fair value
PGR PEG vs peers
Compared to its peer stocks TRV and ALL, PGR's PEG ratio comes in higher. With a PEG ratio of 0.33, Progressive stands higher than the 0.12 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ALL Allstate Corp | 0.02 | $59.61B |
| MCY Mercury General Corp | 0.04 | $5.9B |
| TRV Travelers Companies Inc | 0.11 | $67.4B |
| SIGI Selective Insurance Group Inc | 0.13 | $5.65B |
| HMN Horace Mann Educators Corp | 0.28 | $2.05B |
| PGR Progressive Corp | 0.33 | $126.04B |
| SAFT Safety Insurance Group Inc | N/A | $1.07B |
Frequently asked questions
What is Progressive's PEG ratio?
PGR's Jun 23, 2026 PEG ratio comes in at 0.33.
What is the 3-year average PEG ratio for Progressive (PGR)?
PGR's 3-year PEG ratio average stands at 0.22.
What is the 5-year average PEG ratio for Progressive (PGR)?
PGR's 5-year PEG ratio average stands at 0.24.
What is the highest PEG ratio for PGR?
In the last nine years, PGR's peak PEG ratio of 1.89 was recorded in the Sep 2019 quarter.
How does the current PEG ratio for PGR compare to its historical average?
PGR's PEG ratio equals its 9-year historical average.
Why is Progressive's PEG ratio so low?
Strong earnings growth relative to valuation produces PGR's low PEG ratio of 0.33.
How is PGR's PEG ratio calculated (Progressive PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jun 23, 2026, Progressive has a P/E ratio of 10.93. Earnings grew at 32.7% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.33. PEG RATIO(0.33) = PE RATIO(10.93) / EPS GROWTH(32.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.