PGR or KNSL: Which Is the Better Value Stock Right Now?

Core Viewpoint - Investors in the Insurance - Property and Casualty sector should consider Progressive (PGR) and Kinsale Capital Group, Inc. (KNSL) for potential undervalued stock opportunities [1] Group 1: Company Rankings and Performance - Progressive has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to Kinsale Capital Group, which has a Zacks Rank of 3 (Hold) [3] - PGR has experienced a more significant improvement in its earnings outlook than KNSL recently [3] Group 2: Valuation Metrics - PGR has a forward P/E ratio of 13.79, while KNSL has a forward P/E of 24.49, suggesting PGR is more attractively valued [5] - The PEG ratio for PGR is 1.44, compared to KNSL's PEG ratio of 1.65, indicating PGR's expected earnings growth is more favorable [5] - PGR's P/B ratio is 4.33, while KNSL's P/B ratio is 6.01, further supporting PGR's valuation advantage [6] Group 3: Value Grades - PGR has a Value grade of B, while KNSL has a Value grade of D, reflecting PGR's stronger valuation metrics [6] - Overall, PGR's stronger estimate revision activity and more attractive valuation metrics suggest it is the superior option for value investors at this time [7]