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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Progressive's enterprise value is $149,149 Mil. Progressive's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $10,741 Mil. Therefore, Progressive's EV-to-EBITDA for today is 13.89.
The historical rank and industry rank for Progressive's EV-to-EBITDA or its related term are showing as below:
During the past 13 years, the highest EV-to-EBITDA of Progressive was 61.35. The lowest was 6.87. And the median was 12.12.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-10-31), Progressive's stock price is $242.83. Progressive's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $13.760. Therefore, Progressive's PE Ratio (TTM) for today is 17.65.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
The historical data trend for Progressive's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progressive Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBITDA | Get a 7-Day Free Trial | 8.31 | 8.25 | 13.68 | 54.95 | 18.37 |
Progressive Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EV-to-EBITDA | Get a 7-Day Free Trial | 22.22 | 18.37 | 16.26 | 13.83 | - |
For the Insurance - Property & Casualty subindustry, Progressive's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Insurance industry and Financial Services sector, Progressive's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Progressive's EV-to-EBITDA falls into.
Progressive's EV-to-EBITDA for today is calculated as:
EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA (TTM) |
= | 149149.367 | / | 10741.1 | |
= | 13.89 |
Progressive's current Enterprise Value is $149,149 Mil.
Progressive's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,741 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progressive (NYSE:PGR) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Progressive's PE Ratio (TTM) for today is calculated as:
PE Ratio (TTM) | = | Share Price (Today) | / | Earnings per Share (Diluted) (TTM) |
= | 242.83 | / | 13.760 | |
= | 17.65 |
Progressive's share price for today is $242.83.
Progressive's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.760.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
Please read Which price ratio outperforms the enterprise multiple?
Thank you for viewing the detailed overview of Progressive's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Steven Broz | officer: Chief Information Officer | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Patrick K Callahan | officer: Personal Lines President | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Susan Patricia Griffith | officer: Chief Human Resource, Officer | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
John Jo Murphy | officer: Claims President | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Jonathan S. Bauer | officer: Chief Investment Officer | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Andrew J Quigg | officer: Chief Strategy Officer | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
John P Sauerland | officer: Direct Group, President | PROGRESSIVE, 7580 NORTHCLIFF AVE. -- SUITE 1000, BROOKLYN OH 44144 |
Lori A Niederst | officer: CRM President | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Karen Bailo | officer: Commercial Lines President | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Roger N Farah | director | POLO RALPH LAUREN CORP, 650 MADISON AVE, NEW YORK NY 10022 |
Philip Bleser | director | 8760 CLAY ROAD SUITE 100, HOUSTON TX 77494 |
Mariann Wojtkun Marshall | officer: Chief Accounting Officer | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS RD., MAYFIELD VILLAGE OH 44143 |
Devin C Johnson | director | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Daniel P Mascaro | officer: Vice Pres, Secretary and CLO | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Stuart B Burgdoerfer | director | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
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