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As of today (2024-10-31), Progressive's share price is $242.83. Progressive's Owner Earnings per Share (TTM) ended in Sep. 2024 was $22.37. It's Price-to-Owner-Earnings for today is 10.86.
The historical rank and industry rank for Progressive's Price-to-Owner-Earnings or its related term are showing as below:
During the past 13 years, the highest Price-to-Owner-Earnings of Progressive was 19.51. The lowest was 5.16. And the median was 8.75.
As of today (2024-10-31), Progressive's share price is $242.83. Progressive's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $13.76. Therefore, Progressive's PE Ratio (TTM) for today is 17.65.
As of today (2024-10-31), Progressive's share price is $242.83. Progressive's EPS without NRI for the trailing twelve months (TTM) ended in was $13.76. Therefore, Progressive's PE Ratio without NRI for today is 17.65.
During the past 13 years, Progressive's highest PE Ratio without NRI was 97.26. The lowest was 8.40. And the median was 17.14.
The historical data trend for Progressive's Price-to-Owner-Earnings 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 | |||||||||||
Price-to-Owner-Earnings | Get a 7-Day Free Trial | 6.10 | 7.14 | 6.81 | 17.38 | 8.86 |
Progressive Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Price-to-Owner-Earnings | Get a 7-Day Free Trial | 9.35 | 8.86 | 9.75 | 9.29 | - |
For the Insurance - Property & Casualty subindustry, Progressive's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Progressive's Price-to-Owner-Earnings falls into.
In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Progressive's Price-to-Owner-Earnings for today is calculated as
Price-to-Owner-Earnings | = | Share Price | / | Owner Earnings per Share (TTM) |
= | 242.83 | / | 22.37 | |
= | 10.86 |
* 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) Price-to-Owner-Earnings Explanation
For how to get Owner Earnings per Share (TTM), please click.
Thank you for viewing the detailed overview of Progressive's Price-to-Owner-Earnings 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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