Progressive Corp Stock Net Asset

PGR Stock  EUR 64.00  2.00  3.03%   
Progressive Corp fundamentals help investors to digest information that contributes to Progressive Corp's financial success or failures. It also enables traders to predict the movement of Progressive Stock. The fundamental analysis module provides a way to measure Progressive Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Progressive Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Progressive Corp Company Net Asset Analysis

Progressive Corp's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

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Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Progressive Corp Net Asset

    
  1.41 B  
Most of Progressive Corp's fundamental indicators, such as Net Asset, 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.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Based on the recorded statements, Progressive Corp has a Net Asset of 1.41 B. This is much higher than that of the Technology sector and significantly higher than that of the Software - Application industry. The net asset for all Germany stocks is notably lower than that of the firm.

Progressive Net Asset 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 Net Asset 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 net asset 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 Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.