Based on the most recent data from Aug 21, 2026, PGR's PEG ratio comes in at 0.89. This metric factors in a PE of 10.97 with an earnings growth rate of 12.3%. Relative to the 0.49 average from the previous four quarters, the PEG ratio has soared by 81%.
Looking at the last ten years, PGR's PEG ratio has has been around 0.35 on average. At 0.89, today's PEG ratio sits 154% above its historical average. Within the last ten 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.
| 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% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.89 | 10.93 | 12.3% |
| 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% |
PGR's PEG ratio today is higher than its 3, 5 and 10-year averages.
With a PEG of 0.89, PGR stands above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 0.44, Progressive's PEG is 102% higher.
Compared to its peer stocks TRV and ALL, PGR's PEG ratio comes in higher. With a PEG ratio of 0.89, Progressive stands higher than the 0.2 peer average.
PGR's Aug 21, 2026 PEG ratio comes in at 0.89.
PGR's 3-year PEG ratio average stands at 0.26.
PGR's 5-year PEG ratio average stands at 0.28.
In the last ten years, PGR's peak PEG ratio of 1.89 was recorded in the Sep 2019 quarter.
PGR currently has a PEG ratio 154% above its 10-year average.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Aug 21, 2026, Progressive has a P/E ratio of 10.97. Earnings grew at 12.3% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.89. PEG RATIO(0.89) = PE RATIO(10.97) / EPS GROWTH(12.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.