Progressive Book Value Per Share from 2010 to 2024

PGR Stock  USD 212.20  1.82  0.85%   
Progressive Corp Book Value Per Share yearly trend continues to be relatively stable with very little volatility. Book Value Per Share is likely to grow to 36.40 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Progressive Corp according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
34.66763549
Current Value
36.4
Quarterly Volatility
10.7840354
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progressive Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progressive main balance sheet or income statement drivers, such as Interest Expense of 281.8 M, Total Revenue of 65.2 B or Gross Profit of 65.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0028 or PTB Ratio of 2.37. Progressive financial statements analysis is a perfect complement when working with Progressive Corp Valuation or Volatility modules.
  
This module can also supplement Progressive Corp's financial leverage analysis and stock options assessment as well as various Progressive Corp Technical models . Check out the analysis of Progressive Corp Correlation against competitors.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.

Latest Progressive Corp's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Progressive Corp over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Progressive Corp's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progressive Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 37.24 X10 Years Trend
Slightly volatile
   Book Value Per Share   
       Timeline  

Progressive Book Value Per Share Regression Statistics

Arithmetic Mean18.94
Geometric Mean13.14
Coefficient Of Variation56.95
Mean Deviation9.12
Median15.99
Standard Deviation10.78
Sample Variance116.30
Range36.2531
R-Value0.97
Mean Square Error7.26
R-Squared0.94
Slope2.34
Total Sum of Squares1,628

Progressive Book Value Per Share History

2024 36.4
2023 34.67
2022 27.19
2021 31.19
2020 29.13
2019 23.42
2018 18.58

Other Fundumenentals of Progressive Corp

Progressive Corp Book Value Per Share component correlations

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Click cells to compare fundamentals

About Progressive Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Progressive Corp income statement, its balance sheet, and the statement of cash flows. Progressive Corp investors use historical funamental indicators, such as Progressive Corp's Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Progressive Corp investors may use each financial statement separately, they are all related. The changes in Progressive Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progressive Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progressive Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progressive Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Book Value Per Share 34.67  36.40 
Tangible Book Value Per Share 31.39  32.96 

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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 the analysis of Progressive Corp Correlation against competitors.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Progressive Corp's price analysis, check to measure Progressive Corp'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 Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp'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 Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.253
Dividend Share
1.15
Earnings Share
9.78
Revenue Per Share
111.143
Quarterly Revenue Growth
0.206
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.