EN DE
STOCK COMPARISON

Progressive vs Tokio Marine Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Progressive (PGR) and Tokio Marine Holdings (TKOMY) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Progressive as the less overvalued of the two: Progressive trades at $203 versus a fair value of $160 (-21%), while Tokio Marine Holdings trades at $51.78 versus $28.31 (-45%).
Progressive
PGR · USD · Financials
-21%
upside to fair value
overvalued
Price$203
Fair Value$160
Quality65/100
Tokio Marine Holdings
TKOMY · USD · Financials
-45%
upside to fair value
overvalued
Price$51.78
Fair Value$28.31
Quality52/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

ProgressiveTokio Marine Holdings
Valuation
10.3×P/E (TTM)16.2×
1.50×P/S (TTM)1.87×
4.43×P/B2.87×
9.3×EV/EBITDA6.9×
35.19×PEG1.73×
−21.1%Fair value upside−45.3%
0.2%Dividend yield3.0%
$0.40Dividend per share$218
Profitability
16%Operating margin38%
0.96×EBIT margin trend (5Y)3.87×
38%Return on equity19%
8%Return on assets4%
Growth
9%Revenue growth (YoY)-5%
20.9%Avg. growth/yr (3Y)8.0%
15.5%Avg. growth/yr (5Y)8.4%
+33.4%Value creation/yr+50.9%
Balance & size
51.2×Interest coverage (EBIT/interest)58.8×
0.23×Debt / equity0.04×
$134BMarket cap$98B
mixedGrowth qualityhealthy

Tokio Marine Holdings leads: 6 to 10 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Progressiveof which business quality 65 · market factors 49 Tokio Marine Holdingsof which business quality 45 · market factors 70
ProfitabilityMargins and returns on capital today
61
39
Quality GrowthAre margins and returns improving?
64
35
CashflowEarnings quality: real cash, not paper profit
81
45
Fin. StrengthBalance sheet, leverage, solvency risk
54
11
InvestmentDisciplined investing over empire-building
37
68
Low VolatilityCalm price path (market factor)
87
77
MomentumPrice trend over the last 3–12 months (market factor)
37
62
52W MomentumDistance to the 52-week high (market factor)
25
77
Net IssuanceShare count: buybacks or dilution?
86
100

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyProgressivePrice $203Tokio Marine HoldingsPrice $51.78
Multiples-20%below the price$163+10576%above the price$5,528
Asset-Based-83%below the price$35.00+3585%above the price$1,908
Economic Profit+4%close to the price$212+8945%above the price$4,683
Minimum-83%below the price$35.00+3585%above the price$1,908
Maximum+4%close to the price$212+10576%above the price$5,528
Median-20%below the price$163+8945%above the price$4,683
Geometric mean-48%below the price$107+6986%above the price$3,669

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Progressive: 2 of 4 models see the stock below the current price.

Tokio Marine Holdings: 0 of 4 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Progressive
Price $203
Fair Value $160
Bear $120Bull $200
Tokio Marine Holdings
Price $51.78
Fair Value $28.31
Bear $21.82Bull $39.71

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Progressive · Financials

Quality score65 · Top 25%
Fair value upside-21% · below median

Tokio Marine Holdings · Financials

Quality score52 · below median
Fair value upside-45% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Progressive as the less overvalued of the two: Progressive trades at $203 versus a fair value of $160 (-21%), while Tokio Marine Holdings trades at $51.78 versus $28.31 (-45%).

Progressive has the higher quality score (65/100).

Open Progressive live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.