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The Progressive Corporation (PGR)
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The Progressive Corporation (PGR) PB Ratio: 3.75

Is The Progressive Corporation’s P/B ratio high or low?

The Progressive Corporation's P/B ratio of 3.75 is 20% below its 5-year average of 4.67, near the low end of its 5-year range (2.83–6.69).

The P/B ratio for The Progressive Corporation (PGR) is 3.75. It is below its 12-month average by 7.80% (4.07).

PGR PB Ratio Chart

PGR PB Ratio
3.75-30.43% 1Y
Zoom

PGR Average PB Ratio Chart

PGR Current vs Average PB Ratio Chart

PGR PB Ratio Metrics

PB RATIO

3.75

PB RATIO AVG TTM

4.07

PB RATIO AVG 3Y

5.09

PB RATIO AVG 5Y

4.67

PB RATIO AVG 10Y

3.94

PB RATIO AVG 15Y

3.39

PB RATIO AVG 20Y

3.13

CURRENT VS TTM AVG

-7.80%

CURRENT VS 3Y AVG

-26.34%

CURRENT VS 5Y AVG

-19.71%

CURRENT VS 10Y AVG

-4.83%

CURRENT VS 15Y AVG

+10.77%

CURRENT VS 20Y AVG

+19.63%

PGR Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
The Progressive Corporation (PGR)3.754.075.094.67
S&P Global Inc. (SPGI)$126.25B4.074.514.2615.50
Chubb Limited (CB)$128.60B1.771.701.741.66
CME Group Inc. (CME)$95.06B3.583.643.142.94
Marsh & McLennan Companies, Inc. (MMC)$89.82B5.487.047.817.83
The Charles Schwab Corporation (SCHW)$156.50B3.213.453.153.06
BlackRock, Inc. (BLK)$156.77B2.943.243.163.14
Intercontinental Exchange, Inc. (ICE)$79.31B2.713.303.153.04
Moody's Corporation (MCO)$78.69B26.6922.8122.1523.47
Robinhood Markets, Inc. (HOOD)$77.77B8.4810.995.724.23

P/B vs. its own history

At 3.75, P/B is richer than usual — richer than 78% of its 20-year range.

20-year low

1.57

median

2.75

20-year high

6.69

cheaperricher

Book Value Analysis

P/B Ratio

3.75

Market Price / Book Value per Share

The Progressive Corporation PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Progressive Corporation PB Ratio FAQ

What is the P/B ratio for The Progressive Corporation (PGR)?
The P/B ratio for PGR stock is 3.75.
Is The Progressive Corporation's P/B ratio high or low?
The Progressive Corporation's P/B ratio of 3.75 is 20% below its 5-year average of 4.67, near the low end of its 5-year range (2.83–6.69).
What is the TTM average P/B ratio for The Progressive Corporation (PGR)?
The TTM average P/B ratio for PGR stock is 4.07.
What is the 3Y average P/B ratio for The Progressive Corporation (PGR)?
The 3Y average P/B ratio for PGR stock is 5.09.
What is the 5Y average P/B ratio for The Progressive Corporation (PGR)?
The 5Y average P/B ratio for PGR stock is 4.67.
What is the 10Y average P/B ratio for The Progressive Corporation (PGR)?
The 10Y average P/B ratio for PGR stock is 3.94.
What is the 15Y average P/B ratio for The Progressive Corporation (PGR)?
The 15Y average P/B ratio for PGR stock is 3.39.
What is the 20Y average P/B ratio for The Progressive Corporation (PGR)?
The 20Y average P/B ratio for PGR stock is 3.13.

The Progressive Corporation PB Ratio History

DATEPB RATIO
2026-06-103.75
2026-06-093.67
2026-06-083.67
2026-06-053.74
2026-06-043.58
2026-06-033.54
2026-06-023.61
2026-06-013.53
2026-05-293.49
2026-05-283.56
2026-05-273.61
2026-05-263.64
2026-05-223.65
2026-05-213.64
2026-05-203.71
2026-05-193.72
2026-05-183.74
2026-05-153.66
2026-05-143.61
2026-05-133.59
2026-05-123.63
2026-05-113.61
2026-05-083.55
2026-05-073.59
2026-05-063.61
2026-05-053.62
2026-05-043.65
2026-05-013.87
2026-04-303.90
2026-04-293.89
2026-04-283.94
2026-04-273.92
2026-04-243.90
2026-04-233.98
2026-04-223.93
2026-04-214.03
2026-04-203.95
2026-04-173.93
2026-04-163.95
2026-04-153.90
2026-04-143.81
2026-04-133.87
2026-04-103.77
2026-04-093.88
2026-04-083.84
2026-04-073.82
2026-04-063.81
2026-04-023.79
2026-04-013.75
2026-03-313.85
2026-03-303.91
2026-03-273.86
2026-03-263.94
2026-03-253.93
2026-03-244.00
2026-03-233.98
2026-03-204.00
2026-03-193.93
2026-03-183.90
2026-03-173.95
2026-03-163.97
2026-03-133.98
2026-03-123.98
2026-03-113.90
2026-03-104.01
2026-03-094.01
2026-03-064.09
2026-03-054.08
2026-03-044.10
2026-03-034.14
2026-03-024.14
2026-02-273.55
2026-02-263.51
2026-02-253.39
2026-02-243.42
2026-02-233.38
2026-02-203.39
2026-02-193.35
2026-02-183.37
2026-02-173.45
2026-02-133.39
2026-02-123.41
2026-02-113.46
2026-02-103.36
2026-02-093.34
2026-02-063.36
2026-02-053.44
2026-02-043.41
2026-02-033.34
2026-02-023.37
2026-01-303.45
2026-01-293.46
2026-01-283.53
2026-01-273.45
2026-01-263.45
2026-01-233.42
2026-01-223.43
2026-01-213.37
2026-01-203.38
2026-01-163.36
2026-01-153.38
2026-01-143.41
2026-01-133.40
2026-01-123.59
2026-01-093.57
2026-01-083.54
2026-01-073.47
2026-01-063.52
2026-01-053.53
2026-01-023.52
2025-12-313.78
2025-12-303.82
2025-12-293.79
2025-12-263.77
2025-12-243.78
2025-12-233.78
2025-12-223.77
2025-12-193.72
2025-12-183.73
2025-12-173.77
2025-12-163.85
2025-12-153.92
2025-12-123.90
2025-12-113.82
2025-12-103.70
2025-12-093.76
2025-12-083.70
2025-12-053.70
2025-12-043.77
2025-12-033.77
2025-12-023.80
2025-12-013.78
2025-11-283.80
2025-11-263.80
2025-11-253.76
2025-11-243.74
2025-11-213.77
2025-11-203.75
2025-11-193.70
2025-11-183.73
2025-11-173.74
2025-11-143.74
2025-11-133.70
2025-11-123.68
2025-11-113.65
2025-11-103.61
2025-11-073.61
2025-11-063.48
2025-11-053.47
2025-11-043.48
2025-11-033.38
2025-10-313.71
2025-10-303.73
2025-10-293.75
2025-10-283.82
2025-10-273.90
2025-10-243.95
2025-10-233.98
2025-10-224.01
2025-10-214.00
2025-10-203.96
2025-10-174.07
2025-10-164.00
2025-10-154.08
2025-10-144.33
2025-10-134.26
2025-10-104.33
2025-10-094.37
2025-10-084.38
2025-10-074.40
2025-10-064.34
2025-10-034.43
2025-10-024.39
2025-10-014.44
2025-09-304.45
2025-09-294.41
2025-09-264.39
2025-09-254.37
2025-09-244.33
2025-09-234.30
2025-09-224.35
2025-09-194.37
2025-09-184.36
2025-09-174.39
2025-09-164.42
2025-09-154.43
2025-09-124.48
2025-09-114.49
2025-09-104.44
2025-09-094.39
2025-09-084.43
2025-09-054.40
2025-09-044.49
2025-09-034.45
2025-09-024.43
2025-08-294.45
2025-08-284.44
2025-08-274.41
2025-08-264.44
2025-08-254.40
2025-08-224.49
2025-08-214.49
2025-08-204.56
2025-08-194.52
2025-08-184.45
2025-08-154.46
2025-08-144.52
2025-08-134.49
2025-08-124.38
2025-08-114.41
2025-08-084.44
2025-08-074.42
2025-08-064.46
2025-08-054.38
2025-08-044.36
2025-08-014.89
2025-07-314.91
2025-07-304.91
2025-07-294.90
2025-07-284.89
2025-07-255.08
2025-07-245.02
2025-07-235.02
2025-07-225.02
2025-07-214.98
2025-07-185.00
2025-07-175.02
2025-07-165.00
2025-07-154.92
2025-07-145.02
2025-07-114.97
2025-07-105.06
2025-07-095.08
2025-07-085.11
2025-07-075.15
2025-07-035.31
2025-07-025.23
2025-07-015.36
2025-06-305.42
2025-06-275.36
2025-06-265.31
2025-06-255.27
2025-06-245.40
2025-06-235.41
2025-06-205.32
2025-06-185.28
2025-06-175.39
2025-06-165.41
2025-06-135.44
2025-06-125.45
2025-06-115.34
2025-06-105.39
2025-06-095.51
2025-06-065.67
2025-06-055.69
2025-06-045.73
2025-06-035.83
2025-06-025.86
2025-05-305.78
2025-05-295.63

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About The Progressive Corporation

The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distributed through independent insurance agencies, as well as directly to consumers via its online platforms (including mobile access) and telephone channels. Established in 1937, The Progressive Corporation maintains its headquarters in Mayfield, Ohio.

Mayfield Village, OH
66,308 employees
Financial Services / Insurance - Property & Casualty
Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Susan Patricia Griffith