Progressive (PGR) Price to Book (2010 - 2026)
Progressive's Price to Book came in at 3.70 for Q2 2026, down 22.9% from 4.80 a year earlier but up 2.3% from the prior quarter.
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Analysis
Progressive (PGR) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Progressive's Price to Book was 4.40, down 19.8% from FY2024.
- Going back by year, Price to Book was 5.49 in FY2024 (+19.3%), 4.60 in FY2023 (-3.7%), 4.78 in FY2022 (+45.1%) and 3.29 in FY2021 (-3.1%).
- The five-year range for quarterly Price to Book is 2.85 (Q3 2021) to 5.73 (Q1 2025).
- Year-over-year, Price to Book has declined for five consecutive quarters, with an average decline of 9.2% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q3 2022 (growth of 61.5%), and the weakest in Q1 2026 (a decline of 36.9%).
- Business Quant data shows PGR's Price to Book at 3.62 (Q1 2026), 4.40 (Q4 2025) and 4.09 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.40 Bn | 86.99 Bn | 9.13 Bn |
| 2 | Progressive | 133.15 Bn | 108.98 Bn | 9.04 Bn |
| 3 | Marsh & Mclennan Companies | 93.98 Bn | 86.14 Bn | - |
| 4 | Travelers Companies | 85.20 Bn | 61.44 Bn | 6.23 Bn |
| 5 | Manulife Financial | 77.20 Bn | -17.69 Bn | - |
| 6 | Arthur J. Gallagher | 68.99 Bn | 63.40 Bn | - |
| 7 | Allstate | 65.79 Bn | 27.06 Bn | 8.73 Bn |
| 8 | Metlife | 65.44 Bn | -41.34 Bn | 7.82 Bn |
| 9 | Aon | 65.23 Bn | 58.45 Bn | - |
| 10 | Aflac | 61.33 Bn | 36.54 Bn | 2.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.70 |
| Mar 31, 2026 | 3.62 |
| Dec 31, 2025 | 4.40 |
| Sep 30, 2025 | 4.09 |
| Jun 30, 2025 | 4.80 |
| Mar 31, 2025 | 5.73 |
| Dec 31, 2024 | 5.49 |
| Sep 30, 2024 | 5.47 |
| Jun 30, 2024 | 5.21 |
| Mar 31, 2024 | 5.55 |
| Dec 31, 2023 | 4.60 |
| Sep 30, 2023 | 4.68 |
| Jun 30, 2023 | 4.64 |
| Mar 31, 2023 | 4.96 |
| Dec 31, 2022 | 4.78 |
| Sep 30, 2022 | 4.60 |
| Jun 30, 2022 | 4.34 |
| Mar 31, 2022 | 3.91 |
| Dec 31, 2021 | 3.29 |
| Sep 30, 2021 | 2.85 |
API Access
Progressive Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();