In the current session, Progressive Inc. (NYSE:PGR) is trading at $227.61, after a 0.12% decrease. Over the past month, the stock fell by 0.56%, and in the past year, by 6.30%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. Comparing Progressive P/E Against Its PeersThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at l ...