Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.99.
Forward PE Ratio (11.99) = Close Price ($214.56) / Consensus Forward EPS ($17.93)
FORWARD PE RATIO
11.99
SECTOR MEDIAN · FINANCIAL SERVICES
14.95
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-19.77%
vs the sector median at left
The Progressive Corporation
Market Cap
$124.75B
Forward PE Ratio
11.99
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| The Progressive Corporation (PGR) | $124.75B | 11.99 |
| S&P Global Inc. (SPGI)vs › | $123.78B | 23.98 |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.45B | N/A |
| Chubb Limited (CB)vs › | $130.38B | 12.16 |
| Capital One Financial Corporation (COF)vs › | $130.43B | 10.47 |
| Bank of New York Mellon Corp (BNY)vs › | $112.16B | 17.64 |
| Robinhood Markets, Inc. (HOOD)vs › | $104.19B | 54.72 |
| CME Group Inc. (CME)vs › | $98.76B | 22.71 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.76B | N/A |
| U.S. Bancorp (USB)vs › | $97.02B | 11.97 |
Trailing P/E
10.8
reported TTM EPS
Forward P/E
12.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $17.93 implies -10.1% EPS decline vs the reported trailing $19.94.
At today's $214.56 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $17.93 | $16.33 – $19.00 | 16 | 12.0x |
| 2027-12-31 | $16.21 | $14.60 – $17.76 | 15 | 13.2x |
| 2028-12-31 | $15.97 | $14.81 – $17.17 | 7 | 13.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
