Progressive Corp (PGR)

Market price: $225.60

4 valuation methods

• P / B: $88.67 to $116.28 (midpoint $110.59)
• P / E: $151.33 to $221.23 (midpoint $170.67)
• P / E — operating: $141.94 to $196.36 (midpoint $183.63)
• Dividend Discount Model (DDM): $245.98 to $381.60 (midpoint $299.64)