Progressive forward PE PGR

Share price divided by analysts' consensus earnings for the next twelve months, since 1999.

Today, Oct 23, 2026: 14.2×
10-year median: 14.8×
Against its 10-year history: 39th; percentile: 0 is its lowest day, 100 its highest
10-year range: 10.2× to 31.0×
Peer median: 14.2×

Progressive's forward PE is 14.2× as of Oct 23, 2026.

That is below its ten-year median of 14.8×, close to the middle of its last ten years.

Over that time it ranged from 10.2× in Mar 2020 to 31.0× in May 2021.

The median for 9 property and casualty insurers of a similar size is 14.2×.

Forward PE over time

median 14.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.2×	10.9×	14.2×
2025	12.4×	11.3×	15.2×
2024	13.5×	13.1×	17.2×
2023	14.0×	12.4×	25.1×
2022	24.2×	21.6×	27.5×
2021	24.5×	19.9×	31.0×
2020	21.3×	10.2×	21.3×
2019	11.8×	11.3×	15.6×
2018	12.2×	12.2×	16.1×
2017	14.9×	12.9×	16.9×
2016	16.4×	14.3×	20.2×
2015	19.2×	13.2×	20.0×
2014	14.3×	12.6×	15.2×
2013	15.6×	13.3×	16.5×
2012	13.0×	12.9×	17.8×
2011	15.4×	13.3×	15.9×
2010	13.6×	11.7×	15.0×
2009	12.9×	7.3×	13.0×
2008	9.5×	8.3×	14.1×
2007	14.1×	12.4×	16.8×

Against its peers

Companies in Insurance - Property & Casualty nearest Progressive's size, closest first, today.

Company	Forward PE
PGRProgressive	14.2×
CBChubb	12.3×
TRVTravelers Companies	13.0×
ALLAllstate	8.8×
WRBW. R. Berkley	15.3×
CINFCincinnati Financial	19.8×
MKLMarkel	16.2×
LLoews	n/m
EGEverest	n/m
RNRRenaissancere	n/m
Peer median	14.2×

Where Progressive ranks

#39of 69Financial stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Progressive

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.