Progressive PE ratio PGR

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 11.5×
10-year median: 18.1×
Against its 10-year history: 18th; percentile: 0 is its lowest day, 100 its highest
10-year range: 8.4× to 125×
Peer median: 10.4×

Progressive's PE ratio is 11.5× as of Oct 23, 2026: a share price of $228.07 against $19.86 of earnings per share over the last twelve months.

That is below its ten-year median of 18.1×, lower than on 82% of days in the last ten years.

Over that time it ranged from 8.4× in Jun 2021 to 125× in Apr 2023.

The median for 9 property and casualty insurers of a similar size is 10.4×.

PE ratio over time

median 18.1×

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	11.5×	9.7×	11.8×
2025	12.5×	11.6×	20.5×
2024	17.5×	17.4×	41.5×
2023	34.6×	33.3×	125×
2022	92.0×	15.4×	94.0×
2021	14.9×	8.4×	14.9×
2020	11.5×	10.2×	15.7×
2019	13.5×	12.0×	17.2×
2018	12.0×	12.0×	24.0×
2017	23.5×	19.2×	23.5×
2016	21.3×	13.5×	21.4×
2015	14.3×	12.2×	14.8×
2014	13.3×	12.1×	14.2×
2013	14.6×	13.1×	17.3×
2012	14.0×	12.0×	18.0×
2011	12.0×	9.6×	13.6×
2010	12.3×	11.1×	13.5×

Against its peers

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

Company	PE ratio
PGRProgressive	11.5×
CBChubb	12.4×
TRVTravelers Companies	10.4×
ALLAllstate	5.1×
WRBW. R. Berkley	15.1×
CINFCincinnati Financial	8.3×
MKLMarkel	10.4×
LLoews	13.7×
EGEverest	8.4×
RNRRenaissancere	6.0×
Peer median	10.4×

Where Progressive ranks

#29of 45Property and casualty insurers with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

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.