Progressive Financials

Progressive Stock Summary

Progressive competes with ALBIS LEASING, Natural Health, Planet Fitness, LOANDEPOT INC, and Bausch Health. 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.

Progressive Key Financial Ratios

There are many critical financial ratios that Progressive's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Progressive reports annually and quarterly.

Progressive Financial Ratios 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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Progressive help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Progressive. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Progressive based on widely used predictive technical indicators. In general, we focus on analyzing Progressive Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Progressive's daily price indicators and compare them against related drivers.

When running Progressive's price analysis, check to measure Progressive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive is operating at the current time. Most of Progressive's value examination focuses on studying past and present price action to predict the probability of Progressive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive's price. Additionally, you may evaluate how the addition of Progressive to your portfolios can decrease your overall portfolio volatility.