Progressive Corp Stock Current Valuation

PGR Stock  EUR 66.00  2.00  3.13%   
Valuation analysis of Progressive Corp helps investors to measure Progressive Corp's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
66.00
Please note that Progressive Corp's price fluctuation is not too volatile at this time. Calculation of the real value of Progressive Corp is based on 3 months time horizon. Increasing Progressive Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Progressive stock is determined by what a typical buyer is willing to pay for full or partial control of Progressive Corp. Since Progressive Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Progressive Stock. However, Progressive Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  66.0 Real  16.98 Hype  0.0 Naive  65.6
The real value of Progressive Stock, also known as its intrinsic value, is the underlying worth of Progressive Corp Company, which is reflected in its stock price. It is based on Progressive Corp's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Progressive Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
16.98
Real Value
19.69
Upside
Estimating the potential upside or downside of Progressive Corp helps investors to forecast how Progressive stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Progressive Corp more accurately as focusing exclusively on Progressive Corp's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
57.5662.5267.48
Details
Hype
Prediction
LowEstimatedHigh
0.000.002.71
Details
Naive
Forecast
LowNext ValueHigh
62.8965.6068.32
Details

Progressive Corp Company Current Valuation Analysis

Progressive Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Progressive Corp Current Valuation

    
  2.51 B  
Most of Progressive Corp's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Progressive Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Progressive Corp has a Current Valuation of 2.51 B. This is 87.03% lower than that of the Technology sector and 76.53% lower than that of the Software - Application industry. The current valuation for all Germany stocks is 84.93% higher than that of the company.

Progressive Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Progressive Corp's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Progressive Corp could also be used in its relative valuation, which is a method of valuing Progressive Corp by comparing valuation metrics of similar companies.
Progressive Corp is currently under evaluation in current valuation category among its peers.

Progressive Fundamentals

About Progressive Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Progressive Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progressive Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Progressive Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Progressive Stock

When determining whether Progressive Corp is a strong investment it is important to analyze Progressive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progressive Corp's future performance. For an informed investment choice regarding Progressive Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Progressive Stock please use our How to Invest in Progressive Corp guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.