The Progressive Stock Fundamentals
| PGV Stock | EUR 257.55 4.55 1.80% |
The Progressive fundamentals help investors to digest information that contributes to Progressive'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'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 stock.
Progressive |
The Progressive Company Return On Equity Analysis
Progressive's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Progressive Return On Equity | 0.0423 |
Most of Progressive's fundamental indicators, such as Return On Equity, 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, The Progressive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, The Progressive has a Return On Equity of 0.0423. This is 97.08% lower than that of the Financial Services sector and 98.91% lower than that of the Insurance - Property & Casualty industry. The return on equity for all Germany stocks is 113.65% lower than that of the firm.
Progressive Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Progressive's current stock value. Our valuation model uses many indicators to compare Progressive value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Progressive competition to find correlations between indicators driving Progressive's intrinsic value. More Info.The Progressive is regarded fourth in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Progressive is roughly 3.58 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Progressive's earnings, one of the primary drivers of an investment's value.Progressive Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Progressive's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Progressive could also be used in its relative valuation, which is a method of valuing Progressive by comparing valuation metrics of similar companies.Progressive is regarded third in return on equity category among its peers.
Progressive Fundamentals
| Return On Equity | 0.0423 | |||
| Return On Asset | 0.0118 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 75.83 B | |||
| Shares Outstanding | 584.9 M | |||
| Shares Owned By Insiders | 0.30 % | |||
| Shares Owned By Institutions | 86.94 % | |||
| Price To Earning | 13.31 X | |||
| Price To Book | 5.24 X | |||
| Price To Sales | 1.44 X | |||
| Revenue | 49.59 B | |||
| Gross Profit | 1.69 B | |||
| EBITDA | 1.73 B | |||
| Net Income | 721.5 M | |||
| Cash And Equivalents | 1.36 B | |||
| Cash Per Share | 2.33 X | |||
| Total Debt | 6.39 B | |||
| Debt To Equity | 32.50 % | |||
| Current Ratio | 0.35 X | |||
| Book Value Per Share | 27.17 X | |||
| Cash Flow From Operations | 7.76 B | |||
| Earnings Per Share | 1.12 X | |||
| Price To Earnings To Growth | 0.92 X | |||
| Target Price | 97.08 | |||
| Number Of Employees | 10 | |||
| Beta | 0.48 | |||
| Market Capitalization | 79.17 B | |||
| Total Asset | 75.47 B | |||
| Z Score | 7.2 | |||
| Annual Yield | 0 % | |||
| Five Year Return | 2.13 % | |||
| Net Asset | 75.47 B | |||
| Last Dividend Paid | 0.4 |
About Progressive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Progressive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progressive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Progressive 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.The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company was founded in 1937 and is headquartered in Mayfield, Ohio. PROGRESSIVE CORP operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 37346 people.
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Other Information on Investing in Progressive Stock
Progressive financial ratios help investors to determine whether Progressive Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Progressive with respect to the benefits of owning Progressive security.