Progressive Corp (NYSE:PGR)
The Relative Value of one PGR stock under the Base Case scenario is 105.12 USD. Compared to the current market price of 122.72 USD, Progressive Corp is Overvalued by 14%.
Relative valuation is one of two methods of placing a monetary value on a company; the other is Discounted Cash Flow valuation method. We use a combination of these two methods to calculate the Intrinsic Value of stock as accurately as possible.