The Progressive Corporation (PGR)
Financial Services · Insurance - Property & Casualty · Data as of 2026-09-01
Bottom line
PGR is trading at a discount to its history, near its historical support zone, and recent volume suggests money flowing in. Historically, this combination has been a favourable starting point for further research. Past patterns are not a guarantee of future results.
Valuation — Trading below its usual book-value multiple (Green)
For financial companies we look at price versus book value. PGR trades at 3.7× book value, against its own typical 4.5× while earning a 35% return on equity. Its current multiple sits around the 9th percentile of its own last five years — toward the low end of its own range. Its fundamentals scored 8 of 9 on a standard year-over-year quality checklist — most of the underlying trends improved last fiscal year.
Price zones — Near its historical support zone (Green)
At $220.54, the stock is close to the lower end of its recent range. Over the past year PGR has traded between $189.20 and $249.83; its historical support zone sits near $217.26 and resistance near $249.83. It is above both its 50- and 200-day averages, which has historically signalled an uptrend.
52-week range $189.20–$249.83 · 50-day average $217.26 · 200-day average $210.65
Money flow — Money is flowing in (Green)
Recent trading in PGR shows more volume on rising days than falling days, a pattern often described as accumulation. Volume on up days has been about 1.7× volume on down days over the last 30 sessions.
About the company
The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property.
一句话结论
PGR 相对自身历史处于折价水平，接近其历史支撑区，近期成交量显示资金正在流入。从历史来看，这样的组合是一个值得进一步研究的有利起点。过去的形态并不能保证未来的结果。
估值 — 低于其惯常的市净率水平
对金融公司，我们看的是价格与账面价值的关系。PGR 的市净率为 3.7×，而它自身惯常的水平是 4.5×，同时取得 35% 的净资产收益率。它当前的估值倍数大约位于自身过去五年分布的第 9 百分位——处于自身区间的偏低位置。在一套标准的逐年基本面核对清单上，它 9 项中通过了 8 项——上一财年多数底层趋势在改善。
价格区间 — 接近其历史支撑区
目前价格为 $220.54，接近其近期区间的下沿。过去一年 PGR 的价格在 $189.20 到 $249.83 之间波动；其历史支撑区在 $217.26 附近，阻力区在 $249.83 附近。它同时位于 50 日和 200 日均线上方，这在历史上通常对应上升趋势。
资金流向 — 资金正在流入
PGR 近期上涨日的成交量高于下跌日，这种形态常被称为吸筹。过去 30 个交易日，上涨日的成交量约为下跌日的 1.7×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.