Progressive Fair Value
PG
The fair market value of PGR stock is 251.62 USD. Relative to the market price of 262.065 USD Progressive is overvalued by 20%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Progressive Valuation
Current PGR share ticker price is 262.065 USD.
The fair value level of 251.62 USD can be considered as an effective entry point for long-term investors to start investing in PGR stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 4% higher its fair value
Current price is 44% higher its minimum value
Current price is 333% lower its maximum value
Market price:
PGR stock is overvalued
It means the current price may concern as a Risky Entry Point
Progressive Corp Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
82.16
2
Median P/E over 5 years
18.23
3
Minimum P/E over 5 years
10.62
4
Earning per share (last 12 months)
13.8 USD
Maximum value
1
x
4
=
1 134.16 USD
Fair value
2
x
4
=
251.62 USD
Minimum value
3
x
4
=
146.66 USD
Progressive Corp price metrics
27.37
Annual return (geometric mean)
27.52
Risk (standard deviation) of returns
β
0.42
Beta (volatility compared to market)