PGR Historical PE Ratio image   This PGR PE ratio history page last updated 10/17/2024
PGR Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q3 2024
10/15/2024
251.603.5814.3217.6
Q2 2024
7/16/2024
210.002.6510.6019.8
Q1 2024
4/12/2024
203.903.7314.9213.7
Q4 2023
1/24/2024
178.362.9611.8415.1
Q3 2023
10/13/2023
154.952.098.3618.5
Q2 2023
7/13/2023
114.780.401.6071.7
Q1 2023
4/13/2023
138.210.652.6053.2
Q4 2022
1/25/2023
135.471.506.0022.6
Q3 2022
10/13/2022
122.420.522.0858.9
Q2 2022
7/15/2022
116.081.084.3226.9
Q1 2022
4/14/2022
112.111.114.4425.2
Q4 2021
1/26/2022
107.631.054.2025.6
Q3 2021
10/14/2021
90.010.140.56160.7
Q2 2021
7/15/2021
94.950.722.8833.0
Q1 2021
4/15/2021
100.401.736.9214.5
Q4 2020
1/27/2021
87.041.576.2813.9
Q3 2020
10/14/2020
99.651.887.5213.3
Q2 2020
7/15/2020
85.891.847.3611.7
Q1 2020
4/15/2020
79.251.927.6810.3
Q4 2019
1/29/2020
80.811.305.2015.5
Q3 2019
10/16/2019
72.871.335.3213.7
Q2 2019
7/17/2019
80.201.666.6412.1
Q1 2019
4/16/2019
77.261.837.3210.6
Q4 2018
1/23/2019
64.990.441.7636.9
Q3 2018
10/16/2018
70.271.576.2811.2
Q2 2018
7/17/2018
59.401.194.7612.5
Q1 2018
4/17/2018
62.281.224.8812.8
Q4 2017
1/24/2018
55.330.983.9214.1
Q3 2017
10/17/2017
48.550.381.5231.9
Q2 2017
7/18/2017
45.340.632.5218.0
Q1 2017
4/18/2017
39.010.732.9213.4
Q4 2016
1/25/2017
37.770.662.6414.3
Q3 2016
10/13/2016
32.480.341.3623.9
Q2 2016
7/14/2016
33.460.331.3225.3
Q1 2016
4/14/2016
33.570.441.7619.1
Q4 2015
1/27/2016
30.380.562.2413.6
Q3 2015
10/16/2015
32.520.471.8817.3
Q2 2015
7/17/2015
31.280.622.4812.6
Q1 2015
4/15/2015
27.190.461.8414.8
Q4 2014
1/28/2015
26.530.632.5210.5
Q3 2014
10/10/2014
25.000.502.0012.5
Q2 2014
7/10/2014
24.520.491.9612.5
Q1 2014
4/9/2014
24.060.542.1611.1
Q4 2013
1/22/2014
25.410.502.0012.7
Q3 2013
10/9/2013
26.530.391.5617.0
Q2 2013
7/11/2013
25.740.542.1611.9
Q1 2013
4/10/2013
25.420.512.0412.5
Q4 2012
1/18/2013
22.720.411.6413.9
Q3 2012
10/10/2012
22.110.461.8412.0
Q2 2012
7/12/2012
19.530.190.7625.7
Q1 2012
4/26/2012
21.390.421.6812.7
PGR PE History Chart
PeriodPriceAdj. EPSTTMPE
Q3 2024
10/15/2024
251.603.5812.9219.5
Q2 2024
7/16/2024
210.002.6511.4318.4
Q1 2024
4/12/2024
203.903.739.1822.2
Q4 2023
1/24/2024
178.362.966.1029.2
Q3 2023
10/13/2023
154.952.094.6433.4
Q2 2023
7/13/2023
114.780.403.0737.4
Q1 2023
4/13/2023
138.210.653.7536.9
Q4 2022
1/25/2023
135.471.503.1043.7
Q3 2022
10/13/2022
122.420.522.7145.2
Q2 2022
7/15/2022
116.081.083.2435.8
Q1 2022
4/14/2022
112.111.113.0237.1
Q4 2021
1/26/2022
107.631.051.9156.4
Q3 2021
10/14/2021
90.010.142.5934.8
Q2 2021
7/15/2021
94.950.724.0223.6
Q1 2021
4/15/2021
100.401.737.0214.3
Q4 2020
1/27/2021
87.041.577.2112.1
Q3 2020
10/14/2020
99.651.886.9414.4
Q2 2020
7/15/2020
85.891.846.3913.4
Q1 2020
4/15/2020
79.251.926.2112.8
Q4 2019
1/29/2020
80.811.306.1213.2
Q3 2019
10/16/2019
72.871.335.2613.9
Q2 2019
7/17/2019
80.201.665.5014.6
Q1 2019
4/16/2019
77.261.835.0315.4
Q4 2018
1/23/2019
64.990.444.4214.7
Q3 2018
10/16/2018
70.271.574.9614.2
Q2 2018
7/17/2018
59.401.193.7715.8
Q1 2018
4/17/2018
62.281.223.2119.4
Q4 2017
1/24/2018
55.330.982.7220.3
Q3 2017
10/17/2017
48.550.382.4020.2
Q2 2017
7/18/2017
45.340.632.3619.2
Q1 2017
4/18/2017
39.010.732.0618.9
Q4 2016
1/25/2017
37.770.661.7721.3
Q3 2016
10/13/2016
32.480.341.6719.4
Q2 2016
7/14/2016
33.460.331.8018.6
Q1 2016
4/14/2016
33.570.442.0916.1
Q4 2015
1/27/2016
30.380.562.1114.4
Q3 2015
10/16/2015
32.520.472.1814.9
Q2 2015
7/17/2015
31.280.622.2114.2
Q1 2015
4/15/2015
27.190.462.0813.1
Q4 2014
1/28/2015
26.530.632.1612.3
Q3 2014
10/10/2014
25.000.502.0312.3
Q2 2014
7/10/2014
24.520.491.9212.8
Q1 2014
4/9/2014
24.060.541.9712.2
Q4 2013
1/22/2014
25.410.501.9413.1
Q3 2013
10/9/2013
26.530.391.8514.3
Q2 2013
7/11/2013
25.740.541.9213.4
Q1 2013
4/10/2013
25.420.511.5716.2
Q4 2012
1/18/2013
22.720.411.4815.4
Q3 2012
10/10/2012
22.110.46NANA
Q2 2012
7/12/2012
19.530.19NANA
Q1 2012
4/26/2012
21.390.42NANA
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Progressive (PGR) is categorized under the Financials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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How should the PGR historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Progressive. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this PGR Historical PE Ratio page.

What is the average historical PE for PGR based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The PGR historical PE ratio using the annualized quarterly earnings method works out to 22.3.

What is the average historical PE for PGR based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The PGR historical PE ratio using the TTM earnings method works out to 20.7.

What is the average historical PE for PGR based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The PGR historical PE ratio using the annualized median TTM earnings method works out to 13.08.

On this page we presented the PGR Historical PE Ratio information for Progressive' stock. The average PGR historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 22.3. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average PGR historical PE based on this TTM earnings result method is 20.7.

Let's now compare this PGR historical PE result, against the recent PE: when this page was posted on 10/16/2024, the most recent closing price for PGR had been 255.37, and the most recent quarterly earnings result, annualized, was 14.32. Meanwhile, the most recent TTM earnings summed to 12.92. From these numbers, we calculate the recent PGR PE on 10/16/2024 based on annualized quarterly EPS was 17.8. Based on PGR's history, that recent PE is low relative to the historical average, with the recent PE 20.2% lower than the historical average PE across our data set for Progressive. Looking at the recent PGR PE on 10/16/2024 based on TTM EPS, we calculate the ratio at 19.8. Based on PGR's history, that recent PE is low relative to the historical average, with the recent PE 4.3% lower than the average PE across our Progressive data set with TTM EPS used in the calculation at each period.

Another interesting PGR historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for PGR, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for PGR, we start with the past four EPS numbers and we first sort them from lowest to highest: 2.65, 2.96, 3.58, and 3.73. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 2.96 and 3.58 — which gives us the median of 3.27. Basically the way to think about this 3.27 number is this: for the trailing four earnings reports, 3.27 marks the "middle ground" number where PGR has reported a value higher than 3.27 half the time, and has reported a value lower than 3.27 half the time. Annualizing that median value then gets us to 13.08/share, which we use as the denominator in our next PE calculation. With 255.37 as the numerator (as of 10/16/2024), the calculation is then 255.37 / 13.08 = 19.5 as the PGR PE ratio as of 10/16/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on PGR or any other given stock, valuation analysis for PGR can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Progressive PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for PGR. Thanks for visiting, and the next time you need to research PGR Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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