Progressive Corp Stock Market Capitalization
Progressive Corp fundamentals help investors to digest information that contributes to Progressive Corp's financial success or failures. It also enables traders to predict the movement of Progressive Stock. The fundamental analysis module provides a way to measure Progressive Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Progressive Corp stock.
Progressive |
Progressive Corp Company Market Capitalization Analysis
Progressive Corp's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Progressive Corp Market Capitalization | 121.84 B |
Most of Progressive Corp's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Progressive Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
CompetitionBased on the recorded statements, the market capitalization of Progressive Corp is about 121.84 B. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The market capitalization for all United States stocks is significantly lower than that of the firm.
Progressive Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Progressive Corp's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Progressive Corp could also be used in its relative valuation, which is a method of valuing Progressive Corp by comparing valuation metrics of similar companies.Progressive Corp is currently under evaluation in market capitalization category among related companies.
Progressive Fundamentals
| Return On Equity | 0.3 | ||||
| Return On Asset | 0.0542 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 128.6 B | ||||
| Shares Outstanding | 585.69 M | ||||
| Shares Owned By Insiders | 0.26 % | ||||
| Shares Owned By Institutions | 87.50 % | ||||
| Number Of Shares Shorted | 4.24 M | ||||
| Price To Earning | 93.06 X | ||||
| Price To Book | 6.04 X | ||||
| Price To Sales | 1.84 X | ||||
| Revenue | 62.08 B | ||||
| Gross Profit | 1.69 B | ||||
| EBITDA | 299.7 M | ||||
| Net Income | 3.9 B | ||||
| Cash And Equivalents | 4.59 B | ||||
| Cash Per Share | 7.84 X | ||||
| Total Debt | 7.07 B | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 0.41 X | ||||
| Book Value Per Share | 37.24 X | ||||
| Cash Flow From Operations | 10.64 B | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | 9.77 X | ||||
| Price To Earnings To Growth | 1.48 X | ||||
| Target Price | 226.87 | ||||
| Number Of Employees | 61.43 K | ||||
| Beta | 0.35 | ||||
| Market Capitalization | 121.84 B | ||||
| Total Asset | 84.33 B | ||||
| Retained Earnings | 18.8 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.44 % | ||||
| Net Asset | 84.33 B | ||||
| Last Dividend Paid | 1.15 |
About Progressive Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Progressive Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progressive Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Progressive Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progressive Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progressive Corp's short interest history, or implied volatility extrapolated from Progressive Corp options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Progressive Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Tools for Progressive Stock
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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