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Spare-Competition-91 t1_j24yibd wrote

I would look at other insurance companies publicly traded and see how they compare. It does seem like PGR has a high PE compared to other insurance companies.

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gucciflipflops337 t1_j25cnkk wrote

They have a high multiple because they are the most profitable and fastest growing by a long shot. Well capitalized and the commercial business is insanely profitable.

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