Progressive (FRA:PGV) Total Noninterest Expense

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:PGV Progressive Corp FRA:PGV
91 GF Score
Price €184.80
GF Value €243.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Progressive Total Noninterest Expense?

Total Noninterest Expense only applies to banks.

FRA:PGV
91GF Score
Progressive Corp FRA:PGV
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Progressive (FRA:PGV) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive stock appears to be undervalued. The current stock price of €184.80 is trading 24% below its estimated GF Value™ of €243.01. GuruFocus considers Progressive to be Modestly Undervalued.

Key valuation signals for FRA:PGV:

  • Total Noninterest Expense:
  • GF Value™: €243.01 vs. price of €184.80 (24% below fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the FRA:PGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Progressive Business Description

Address 300 North Commons Boulevard, Mayfield Village, OH, USA, 44143
Progressive is one of the largest auto insurers in the United States, competing with State Farm and GEICO for market leadership, insuring tens of millions of vehicles. The company pioneered usage-based insurance with its Snapshot telematics program and built its franchise on sophisticated risk segmentation, direct-to-consumer distribution alongside independent agents, and industry-leading underwriting profitability, consistently targeting a 96 combined ratio. Beyond personal auto, Progressive is the leading U.S. commercial auto insurer, a top motorcycle and boat insurer, and a growing home insurer through Progressive Home, bundling property with auto. Media-heavy marketing built around the Flo character supports one of the industry's strongest direct brands. Founded in 1937 by Joseph Lewis and Jack Green, Progressive is headquartered in Mayfield Village, Ohio.
91GF Score

Get the complete analysis for FRA:PGV

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€184.80
Price
€243.01
GF Value