PROGRESSIVE CORP-OHIO's gross profit margin for the second quarter of its fiscal year 2015 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago.
During the same period, stockholders' equity ("net worth") has increased by 8.40% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q2 FY15||Q2 FY14|
|Net Sales ($mil)||5277.6||4735.5|
|Net Income ($mil)||363.3||293.4|
|Balance Sheet||Q2 FY15||Q2 FY14|
|Cash & Equiv. ($mil)||0.0||5165.0|
|Total Assets ($mil)||29304.2||25452.7|
|Total Debt ($mil)||2739.5||2208.0|
|Profitability||Q2 FY15||Q2 FY14|
|Gross Profit Margin||10.61||10.37|
|Return on Assets||4.52||4.5|
|Return on Equity||18.0||16.89|
|Debt||Q2 FY15||Q2 FY14|
|Share Data||Q2 FY15||Q2 FY14|
|Shares outstanding (mil)||585.9||591.5|
|Div / share||0.0||0.0|
|Book value / share||12.56||11.48|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||3998146.0||3385024.0|
BUY. This stock's P/E ratio indicates a discount compared to an average of 14.77 for the Insurance industry and a discount compared to the S&P 500 average of 21.18. Conducting a second comparison, its price-to-book ratio of 2.43 indicates a discount versus the S&P 500 average of 2.82 and a premium versus the industry average of 1.61. The current price-to-sales ratio is well below the S&P 500 average and is also below the industry average, indicating a discount. The valuation analysis reveals that, PROGRESSIVE CORP-OHIO seems to be trading at a discount to investment alternatives within the industry.
|PGR 13.64||Peers 14.77||PGR NA||Peers 11.50|
Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.
PGR is trading at a valuation on par with its peers.
Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures.
Ratio not available.
|PGR 15.67||Peers 14.23||PGR NM||Peers 1.35|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
PGR is trading at a premium to its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
PGR's negative PEG ratio makes this valuation measure meaningless.
|PGR 2.43||Peers 1.61||PGR 16.66||Peers 20.97|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
PGR is trading at a significant premium to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, PGR is expected to trail its peers on the basis of its earnings growth rate.
|PGR 0.89||Peers 1.26||PGR 8.24||Peers 11.41|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
PGR is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
PGR significantly trails its peers on the basis of sales growth
Select the service that is right for you!COMPARE ALL SERVICES
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV