If you are wondering whether Progressive’s share price still reflects its true worth, the starting point is understanding how its current market price lines up with different valuation checks.
The stock last closed at US$206.92, with returns of 1.7% over the past week, a 9.2% decline over the last 30 days, a 2.5% decline year to date, an 8.0% decline over 1 year, a 67.9% gain over 3 years and a 161.7% gain over 5 years.
Recent news around Progressive has focused on its position in the US insurance sector and how investors are weighing the stock after its multi year gains. This context matters because it shapes how the market is currently thinking about risk, pricing power and long term expectations for the business.
