Progressive (LTS:0KOC) ROC (Joel Greenblatt) %: % (As of Mar. 2026)

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.

LTS:0KOC Progressive Corp LTS:0KOC
87 GF Score
Price $207.03
GF Value $274.16
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Progressive ROC (Joel Greenblatt) %?

Progressive LTS:0KOC -1.13% 87 ROC (Joel Greenblatt) % is % as of Mar. 2026. GuruFocus rates LTS:0KOC with a GF Score™ of 87/100 and a GF Value™ of $274.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 65 Insurance companies, Progressive ranks worse than 1538460% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

LTS:0KOC
87GF Score
Progressive Corp LTS:0KOC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a ROC (Joel Greenblatt) % of % mean?
Progressive (LTS:0KOC) has a ROC (Joel Greenblatt) % of % as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Progressive and its competitors. According to the industry distribution chart, Progressive ranks #999999 out of 65 companies in the Insurance industry.
Is Progressive's ROC (Joel Greenblatt) % too high?
Progressive's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, Progressive ranks #999999 out of 65 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Progressive has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Progressive's ROC (Joel Greenblatt) % compare to CB and TRV?
According to the Insurance industry distribution chart, Progressive ranks #999999 out of 65 companies for ROC (Joel Greenblatt) %. This places Progressive in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 74.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Insurance company?
The median ROC (Joel Greenblatt) % among Insurance companies is 74.51, based on 65 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Progressive and its competitors. For the Insurance industry, the median ROC (Joel Greenblatt) % is 74.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive stock overvalued right now?
Based on GuruFocus' analysis, Progressive (LTS:0KOC) is currently considered Modestly Undervalued. The stock's GF Value™ is $274.16, compared to a current price of $207.03 — trading 24.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. Progressive's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Progressive (LTS:0KOC), the current ROC (Joel Greenblatt) % is % as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Progressive (LTS:0KOC) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive stock appears to be undervalued. The current stock price of $207.03 is trading 24.5% below its estimated GF Value™ of $274.16. GuruFocus considers Progressive to be Modestly Undervalued.

Key valuation signals for LTS:0KOC:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: $274.16 vs. price of $207.03 (24.5% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the LTS:0KOC 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 underwrites private and commercial auto insurance and specialty lines; it has almost 27 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 between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
87GF Score

Get the complete analysis for LTS:0KOC

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$207.03
Price
$274.16
GF Value