Progressive fundamental analysis lookup allows you to check this and other indicators for Progressive Corporation or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Progressive Cash per Share Analysis
Cash per Share is a ratio of current cash on hands or in the banks of the company to total number of shares outstanding. It is used to determine firm's liquidity and is a good indicator of overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals
In accordance with recently published financial statements Progressive Corporation has Cash per Share of 2.48 times. This is 93.1% lower than that of the Financial Services sector, and 91.36% lower than that of Insurance - Property & Casualty industry, The Cash per Share for all stocks is 50.5% higher than the company.
Progressive Corporation is rated below average in debt to equity category among related companies. It is regarded second in return on equity category among related companies reporting about 0.01 of Return On Equity per Debt to Equity. The ratio of Debt to Equity to Return On Equity for Progressive Corporation is roughly 129.47
Progressive Shares Owned by Institutions Peer Comparison
Shares Owned by Institutions
Progressive is currently under evaluation in shares owned by institutions category among related companies.