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The Progressive (PGR, Property & Casualty Insurance) Stock Valuation & Fair Value Fairly valued

The Progressive (PGR, Property & Casualty Insurance) trades at a blended P/E of 12.1, about 26% below its historical normal valuation, with a forward growth estimate of -4.7% and a PEG of —. Analysts' one-year estimates have been hit 9% of the time.

No quality score is published for this company, which is normal for insurers, banks and REITs. This rating reflects valuation, forecast return and analyst accuracy only. Ratings that cite business quality require one.

DATA AS OF 2026-08-28
Blended P/E
12.1
Normal P/E
16.3
PEG
—
Fwd growth
-4.7%
Div yield
0.2%
RSI (14)
54.1
Neutral

The Street vs SeerForecast

Wall Street's mean price target for PGR is $230.83 across 21 analysts, 5.6% above the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: fairly valued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been fairly valued since 2026-06-03.

Price and rating by weekClose moved +13.4 percent from 2026-06-03 to 2026-08-24, with 0 rating changes over 23 recorded weeks.2026-06-03: Fairly valued, close 193.37 (recalculated)2026-06-10: Fairly valued, close 204.11 (recalculated)2026-06-14: Fairly valued, close 203.02 (recalculated)2026-06-16: Fairly valued, close 204.57 (recalculated)2026-06-21: Fairly valued, close 204.78 (recalculated)2026-07-02: Fairly valued, close 232.22 (recalculated)2026-07-06: Fairly valued, close 231.67 (recalculated)2026-07-09: Fairly valued, close 229.52 (recalculated)2026-07-12: Fairly valued, close 230.72 (recalculated)2026-07-13: Fairly valued, close 234.48 (recalculated)2026-07-14: Fairly valued, close 226.58 (recalculated)2026-07-20: Fairly valued, close 212.23 (recalculated)2026-07-22: Fairly valued, close 204.54 (recalculated)2026-07-25: Fairly valued, close 213.83 (recalculated)2026-07-27: Fairly valued, close 215.76 (recalculated)2026-07-31: Fairly valued, close 211.42 (recalculated)2026-08-03: Fairly valued, close 211.422026-08-07: Fairly valued, close 215.33 (recalculated)2026-08-10: Fairly valued, close 215.332026-08-14: Fairly valued, close 209.60 (recalculated)2026-08-17: Fairly valued, close 209.602026-08-21: Fairly valued, close 219.28 (recalculated)2026-08-24: Fairly valued, close 219.281932192026-06-032026-08-24
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 11.2-32%Fairly valued
2026-06-10P/E 11.7-28%Fairly valued
2026-06-14P/E 11.7-28%Fairly valued
2026-06-16P/E 11.7-28%Fairly valued
2026-06-21P/E 11.7-28%Fairly valued
2026-07-02P/E 12.7-22%Fairly valued
2026-07-06P/E 13.1-20%Fairly valued
2026-07-09P/E 13.1-20%Fairly valued
2026-07-12P/E 12.9-21%Fairly valued
2026-07-13P/E 12.9-21%Fairly valued
2026-07-14P/E 12.9-21%Fairly valued
2026-07-20P/E 11.7-29%Fairly valued
2026-07-22P/E 11.7-29%Fairly valued
2026-07-25P/E 12.0-26%Fairly valued
2026-07-27P/E 12.0-26%Fairly valued
2026-07-31P/E 12.0-27%Fairly valued
2026-08-03P/E 11.9-27%Fairly valued
2026-08-07P/E 12.1-26%Fairly valued
2026-08-10P/E 12.1-26%Fairly valued
2026-08-14P/E 11.7-28%Fairly valued
2026-08-17P/E 11.8-28%Fairly valued
2026-08-21P/E 12.2-25%Fairly valued
2026-08-24P/E 12.2-25%Fairly valued
2026-08-27P/E 12.2-25%Fairly valued
2026-08-28P/E 12.1-26%Fairly valued ← now

Frequently asked questions

Is The Progressive stock overvalued?

At a blended P/E of 12.1 versus its historical normal P/E of 16.3, The Progressive trades about 26% below its typical valuation. tickerseer currently rates it fairly valued.

What is The Progressive's fair value and PEG?

The Progressive trades at a blended P/E of 12.1 against a historical normal P/E of 16.3, and a forward growth estimate of -4.7%.

Has tickerseer's rating of The Progressive changed?

tickerseer's rating has been fairly valued since 2026-06-03.

What is the analyst price target for The Progressive?

The mean Wall Street price target for The Progressive is $230.83 across 21 analysts, 5.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Property & Casualty Insurance. Create a free account to see the full analysis: the SeerAI score, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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