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Progressive (MEX:PGR) Cyclically Adjusted Price-to-FCF : 18.67 (As of Jun. 01, 2025)


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What is Progressive Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), Progressive's current share price is MXN5246.22. Progressive's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN281.00. Progressive's Cyclically Adjusted Price-to-FCF for today is 18.67.

The historical rank and industry rank for Progressive's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:PGR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.5   Med: 15.27   Max: 22.27
Current: 20.82

During the past years, Progressive's highest Cyclically Adjusted Price-to-FCF was 22.27. The lowest was 10.50. And the median was 15.27.

MEX:PGR's Cyclically Adjusted Price-to-FCF is ranked worse than
71.47% of 312 companies
in the Insurance industry
Industry Median: 12.925 vs MEX:PGR: 20.82

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Progressive's adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN176.977. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN281.00 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Progressive Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Progressive's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Progressive Cyclically Adjusted Price-to-FCF Chart

Progressive Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.70 13.89 14.97 15.39 18.69

Progressive Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.62 17.85 20.59 18.69 20.68

Competitive Comparison of Progressive's Cyclically Adjusted Price-to-FCF

For the Insurance - Property & Casualty subindustry, Progressive's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Progressive's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Progressive's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Progressive's Cyclically Adjusted Price-to-FCF falls into.


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Progressive Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Progressive's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5246.22/281.00
=18.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Progressive's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Progressive's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=176.977/134.9266*134.9266
=176.977

Current CPI (Mar. 2025) = 134.9266.

Progressive Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 16.702 100.684 22.382
201509 20.005 100.392 26.887
201512 2.588 99.792 3.499
201603 22.477 100.470 30.185
201606 22.052 101.688 29.260
201609 21.548 101.861 28.543
201612 14.282 101.863 18.918
201703 34.520 102.862 45.281
201706 27.247 103.349 35.572
201709 36.073 104.136 46.739
201712 16.353 104.011 21.214
201803 53.091 105.290 68.035
201806 56.017 106.317 71.091
201809 52.786 106.507 66.871
201812 32.868 105.998 41.838
201903 59.282 107.251 74.580
201906 45.127 108.070 56.342
201909 56.516 108.329 70.392
201912 33.610 108.420 41.827
202003 62.461 108.902 77.388
202006 86.656 108.767 107.497
202009 53.142 109.815 65.294
202012 50.812 109.897 62.385
202103 89.301 111.754 107.818
202106 77.205 114.631 90.874
202109 79.901 115.734 93.151
202112 13.882 117.630 15.923
202203 82.500 121.301 91.767
202206 45.481 125.017 49.086
202209 65.748 125.227 70.841
202212 29.315 125.222 31.587
202303 73.890 127.348 78.287
202306 65.614 128.729 68.773
202309 100.309 129.860 104.223
202312 68.039 129.419 70.934
202403 118.262 131.776 121.089
202406 99.744 132.554 101.529
202409 152.596 133.029 154.773
202412 102.809 133.157 104.175
202503 176.977 134.927 176.977

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Progressive  (MEX:PGR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Progressive Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Progressive's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Progressive Business Description

Industry
Address
300 North Commons Boulevard, Mayfield Village, OH, USA, 44143
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.