Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 10.78 is 54% below its 5-year average of 23.47, near the low end of its 5-year range (9.68–122.13).
As of Tuesday, September 8, 2026. 5.62% below its 12-month average of 11.42.
PE Ratio (10.78) = Close Price ($214.56) / Diluted TTM EPS ($19.90)
PE RATIO
10.78
PE RATIO AVG TTM
11.42
PE RATIO AVG 3Y
18.29
PE RATIO AVG 5Y
23.47
PE RATIO AVG 10Y
17.95
PE RATIO AVG 15Y
16.24
PE RATIO AVG 20Y
14.89
CURRENT VS TTM AVG
-5.62%
CURRENT VS 3Y AVG
-41.05%
CURRENT VS 5Y AVG
-54.07%
CURRENT VS 10Y AVG
-39.96%
CURRENT VS 15Y AVG
-33.62%
CURRENT VS 20Y AVG
-27.61%
SECTOR MEDIAN · FINANCIAL SERVICES
15.30
median of 94 covered companies
CURRENT VS SECTOR MEDIAN
-29.57%
vs the sector median at left
The Progressive Corporation
Market Cap
$124.75B
PE Ratio
10.78
TTM Avg
11.42
3Y Avg
18.29
5Y Avg
23.47
Market Cap
$129.45B
PE Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$130.43B
PE Ratio
13.24
TTM Avg
75.90
3Y Avg
37.70
5Y Avg
24.80
Market Cap
$112.16B
PE Ratio
21.83
TTM Avg
17.10
3Y Avg
15.74
5Y Avg
14.73
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Progressive Corporation (PGR) | $124.75B | 10.78 | 11.42 | 18.29 | 23.47 |
| S&P Global Inc. (SPGI)vs › | $123.78B | 26.15 | 31.57 | 41.99 | 39.04 |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.45B | N/A | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $130.38B | 11.85 | 12.38 | 12.49 | 12.57 |
| Capital One Financial Corporation (COF)vs › | $130.43B | 13.24 | 75.90 | 37.70 | 24.80 |
| Bank of New York Mellon Corp (BNY)vs › | $112.16B | 21.83 | 17.10 | 15.74 | 14.73 |
| Robinhood Markets, Inc. (HOOD)vs › | $104.19B | 51.69 | 47.62 | 61.35 | 61.35 |
| CME Group Inc. (CME)vs › | $98.76B | 23.60 | 25.27 | 25.18 | 26.12 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.76B | N/A | N/A | N/A | N/A |
| U.S. Bancorp (USB)vs › | $97.02B | 12.50 | 12.08 | 12.43 | 11.70 |
At 10.8, P/E is below its 20-year median — higher than 8% of readings in its 20-year history.
20-year low
8.2
median
14.2
20-year high
122.1
Trailing P/E
10.8
Forward P/E
12.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$214.56
Forward EPS (Est.)
$17.93
Forward P/E
11.99
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-08 | 10.78 |
| 2026-09-04 | 10.98 |
| 2026-09-03 | 11.23 |
| 2026-09-02 | 11.10 |
| 2026-09-01 | 11.06 |
| 2026-08-31 | 10.94 |
| 2026-08-28 | 10.96 |
| 2026-08-27 | 10.92 |
| 2026-08-26 | 11.16 |
| 2026-08-25 | 11.14 |
| 2026-08-24 | 11.23 |
| 2026-08-21 | 11.00 |
| 2026-08-20 | 11.05 |
| 2026-08-19 | 10.90 |
| 2026-08-18 | 10.39 |
| 2026-08-17 | 10.22 |
| 2026-08-14 | 10.51 |
| 2026-08-13 | 10.47 |
| 2026-08-12 | 10.40 |
| 2026-08-11 | 10.65 |
| 2026-08-10 | 10.73 |
| 2026-08-07 | 10.80 |
| 2026-08-06 | 10.80 |
| 2026-08-05 | 10.67 |
| 2026-08-04 | 10.57 |
| 2026-08-03 | 10.55 |
| 2026-07-31 | 10.75 |
| 2026-07-30 | 10.84 |
| 2026-07-29 | 11.18 |
| 2026-07-28 | 11.16 |
| 2026-07-27 | 10.97 |
| 2026-07-24 | 10.87 |
| 2026-07-23 | 10.53 |
| 2026-07-22 | 10.40 |
| 2026-07-21 | 10.47 |
| 2026-07-20 | 10.79 |
| 2026-07-17 | 10.57 |
| 2026-07-16 | 10.46 |
| 2026-07-15 | 10.43 |
| 2026-07-14 | 11.52 |
| 2026-07-13 | 11.92 |
| 2026-07-10 | 11.73 |
| 2026-07-09 | 11.67 |
| 2026-07-08 | 11.84 |
| 2026-07-07 | 11.92 |
| 2026-07-06 | 11.78 |
| 2026-07-02 | 11.81 |
| 2026-07-01 | 11.45 |
| 2026-06-30 | 11.11 |
| 2026-06-29 | 11.18 |
| 2026-06-26 | 11.41 |
| 2026-06-25 | 10.96 |
| 2026-06-24 | 11.21 |
| 2026-06-23 | 10.97 |
| 2026-06-22 | 10.54 |
| 2026-06-18 | 10.42 |
| 2026-06-17 | 10.39 |
| 2026-06-16 | 10.40 |
| 2026-06-15 | 10.35 |
| 2026-06-12 | 10.33 |
| 2026-06-11 | 10.28 |
| 2026-06-10 | 10.38 |
| 2026-06-09 | 10.17 |
| 2026-06-08 | 10.18 |
| 2026-06-05 | 10.37 |
| 2026-06-04 | 9.93 |
| 2026-06-03 | 9.84 |
| 2026-06-02 | 10.01 |
| 2026-06-01 | 9.80 |
| 2026-05-29 | 9.68 |
| 2026-05-28 | 9.89 |
| 2026-05-27 | 10.01 |
| 2026-05-26 | 10.11 |
| 2026-05-22 | 10.14 |
| 2026-05-21 | 10.12 |
| 2026-05-20 | 10.30 |
| 2026-05-19 | 10.31 |
| 2026-05-18 | 10.37 |
| 2026-05-15 | 10.15 |
| 2026-05-14 | 10.01 |
| 2026-05-13 | 9.96 |
| 2026-05-12 | 10.09 |
| 2026-05-11 | 10.01 |
| 2026-05-08 | 9.86 |
| 2026-05-07 | 9.95 |
| 2026-05-06 | 10.01 |
| 2026-05-05 | 10.05 |
| 2026-05-04 | 10.13 |
| 2026-05-01 | 10.36 |
| 2026-04-30 | 10.46 |
| 2026-04-29 | 10.43 |
| 2026-04-28 | 10.55 |
| 2026-04-27 | 10.50 |
| 2026-04-24 | 10.44 |
| 2026-04-23 | 10.67 |
| 2026-04-22 | 10.54 |
| 2026-04-21 | 10.78 |
| 2026-04-20 | 10.59 |
| 2026-04-17 | 10.53 |
| 2026-04-16 | 10.58 |
| 2026-04-15 | 10.46 |
| 2026-04-14 | 10.22 |
| 2026-04-13 | 10.37 |
| 2026-04-10 | 10.09 |
| 2026-04-09 | 10.39 |
| 2026-04-08 | 10.30 |
| 2026-04-07 | 10.23 |
| 2026-04-06 | 10.21 |
| 2026-04-02 | 10.15 |
| 2026-04-01 | 10.05 |
| 2026-03-31 | 10.30 |
| 2026-03-30 | 10.47 |
| 2026-03-27 | 10.33 |
| 2026-03-26 | 10.55 |
| 2026-03-25 | 10.54 |
| 2026-03-24 | 10.72 |
| 2026-03-23 | 10.66 |
| 2026-03-20 | 10.71 |
| 2026-03-19 | 10.53 |
| 2026-03-18 | 10.46 |
| 2026-03-17 | 10.59 |
| 2026-03-16 | 10.64 |
| 2026-03-13 | 10.66 |
| 2026-03-12 | 10.66 |
| 2026-03-11 | 10.46 |
| 2026-03-10 | 10.76 |
| 2026-03-09 | 10.75 |
| 2026-03-06 | 10.95 |
| 2026-03-05 | 10.94 |
| 2026-03-04 | 10.99 |
| 2026-03-03 | 11.09 |
| 2026-03-02 | 11.09 |
| 2026-02-27 | 11.72 |
| 2026-02-26 | 11.61 |
| 2026-02-25 | 11.22 |
| 2026-02-24 | 11.30 |
| 2026-02-23 | 11.17 |
| 2026-02-20 | 11.19 |
| 2026-02-19 | 11.07 |
| 2026-02-18 | 11.15 |
| 2026-02-17 | 11.40 |
| 2026-02-13 | 11.22 |
| 2026-02-12 | 11.27 |
| 2026-02-11 | 11.43 |
| 2026-02-10 | 11.11 |
| 2026-02-09 | 11.05 |
| 2026-02-06 | 11.10 |
| 2026-02-05 | 11.39 |
| 2026-02-04 | 11.27 |
| 2026-02-03 | 11.03 |
| 2026-02-02 | 11.14 |
| 2026-01-30 | 11.41 |
| 2026-01-29 | 11.42 |
| 2026-01-28 | 11.67 |
| 2026-01-27 | 11.41 |
| 2026-01-26 | 11.41 |
| 2026-01-23 | 11.30 |
| 2026-01-22 | 11.35 |
| 2026-01-21 | 11.14 |
| 2026-01-20 | 11.19 |
| 2026-01-16 | 11.10 |
| 2026-01-15 | 11.16 |
| 2026-01-14 | 11.27 |
| 2026-01-13 | 11.25 |
| 2026-01-12 | 11.88 |
| 2026-01-09 | 11.80 |
| 2026-01-08 | 11.69 |
| 2026-01-07 | 11.47 |
| 2026-01-06 | 11.65 |
| 2026-01-05 | 11.68 |
| 2026-01-02 | 11.64 |
| 2025-12-31 | 12.49 |
| 2025-12-30 | 12.61 |
| 2025-12-29 | 12.53 |
| 2025-12-26 | 12.46 |
| 2025-12-24 | 12.49 |
| 2025-12-23 | 12.50 |
| 2025-12-22 | 12.47 |
| 2025-12-19 | 12.30 |
| 2025-12-18 | 12.33 |
| 2025-12-17 | 12.47 |
| 2025-12-16 | 12.72 |
| 2025-12-15 | 12.97 |
| 2025-12-12 | 12.88 |
| 2025-12-11 | 12.64 |
| 2025-12-10 | 12.22 |
| 2025-12-09 | 12.42 |
| 2025-12-08 | 12.24 |
| 2025-12-05 | 12.23 |
| 2025-12-04 | 12.46 |
| 2025-12-03 | 12.46 |
| 2025-12-02 | 12.55 |
| 2025-12-01 | 12.50 |
| 2025-11-28 | 12.55 |
| 2025-11-26 | 12.57 |
| 2025-11-25 | 12.42 |
| 2025-11-24 | 12.35 |
| 2025-11-21 | 12.45 |
| 2025-11-20 | 12.40 |
| 2025-11-19 | 12.23 |
| 2025-11-18 | 12.34 |
| 2025-11-17 | 12.36 |
| 2025-11-14 | 12.35 |
| 2025-11-13 | 12.24 |
| 2025-11-12 | 12.17 |
| 2025-11-11 | 12.06 |
| 2025-11-10 | 11.93 |
| 2025-11-07 | 11.92 |
| 2025-11-06 | 11.50 |
| 2025-11-05 | 11.46 |
| 2025-11-04 | 11.50 |
| 2025-11-03 | 11.17 |
| 2025-10-31 | 11.61 |
| 2025-10-30 | 11.66 |
| 2025-10-29 | 11.72 |
| 2025-10-28 | 11.94 |
| 2025-10-27 | 12.20 |
| 2025-10-24 | 12.34 |
| 2025-10-23 | 12.43 |
| 2025-10-22 | 12.54 |
| 2025-10-21 | 12.48 |
| 2025-10-20 | 12.36 |
| 2025-10-17 | 12.71 |
| 2025-10-16 | 12.49 |
| 2025-10-15 | 12.76 |
| 2025-10-14 | 13.54 |
| 2025-10-13 | 13.31 |
| 2025-10-10 | 13.52 |
| 2025-10-09 | 13.64 |
| 2025-10-08 | 13.69 |
| 2025-10-07 | 13.74 |
| 2025-10-06 | 13.55 |
| 2025-10-03 | 13.84 |
| 2025-10-02 | 13.72 |
| 2025-10-01 | 13.89 |
| 2025-09-30 | 13.91 |
| 2025-09-29 | 13.77 |
| 2025-09-26 | 13.72 |
| 2025-09-25 | 13.64 |
| 2025-09-24 | 13.52 |
| 2025-09-23 | 13.44 |
| 2025-09-22 | 13.59 |
| 2025-09-19 | 13.65 |
| 2025-09-18 | 13.63 |
| 2025-09-17 | 13.72 |
| 2025-09-16 | 13.80 |
| 2025-09-15 | 13.84 |
| 2025-09-12 | 13.99 |
| 2025-09-11 | 14.02 |
| 2025-09-10 | 13.88 |
| 2025-09-09 | 13.70 |
| 2025-09-08 | 13.86 |
| 2025-09-05 | 13.74 |
| 2025-09-04 | 14.03 |
| 2025-09-03 | 13.90 |
| 2025-09-02 | 13.85 |
| 2025-08-29 | 13.92 |
| 2025-08-28 | 13.87 |
| 2025-08-27 | 13.79 |
| 2025-08-26 | 13.86 |
Showing the most recent 260 of 4,779 data points. The chart above shows the full history.