PRGS
Progress Software
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: PRGS
- PE Ratio
As of Jul 13, 2026, the Progress Software stock's P/E ratio is 18.29. This takes into account the latest EPS of $2.09 and stock price of $38.23. The PE ratio has decreased by 28% from its last 4 quarters average of 25.5.
PRGS PE ratio history
The PE ratio of Progress Software has averaged 37.88 over the last ten years. The current price-to-earnings ratio of 18.29 is 52% less than the historical average. Analyzing the last ten years, PRGS's PE ratio reached its highest point in the Aug 2016 quarter at 152.68, when the price was $29.01 and the EPS was $0.19. The lowest point was recorded in the May 2026 quarter, when it reached 15.71 with a price of $32.83 and an EPS of $2.09.
Progress Software PE ratio by year
Maximum annual increase: 120.71% in 2019
Maximum annual decrease: -68.36% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 24.36 | -43.74% | $41.41 | $1.7 |
| 2024 | 43.3 | 30.23% | $68.41 | $1.58 |
| 2023 | 33.25 | 36.55% | $53.86 | $1.62 |
| 2022 | 24.35 | -10.05% | $53.32 | $2.19 |
| 2021 | 27.07 | 20.15% | $48.45 | $1.79 |
| 2020 | 22.53 | -68.36% | $40.1 | $1.78 |
| 2019 | 71.2 | 120.71% | $42.01 | $0.59 |
| 2018 | 32.26 | -53.18% | $35.16 | $1.09 |
| 2017 | 68.9 | N/A | $41.34 | $0.6 |
| 2016 | N/A | N/A | $29.57 | -$1.13 |
| 2015 | N/A | N/A | $23.99 | -$0.17 |
| 2014 | 26.59 | 38.27% | $25.79 | $0.97 |
| 2013 | 19.23 | -28.27% | $26.34 | $1.37 |
| 2012 | 26.81 | 19.79% | $20.11 | $0.75 |
| 2011 | 22.38 | -34.64% | $20.37 | $0.91 |
Progress Software PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 15.71 | -25.37% | $32.83 | $2.09 |
| Feb 2026 | 21.05 | -13.59% | $41.88 | $1.99 |
| Nov 2025 | 24.36 | -40.53% | $41.41 | $1.7 |
| Aug 2025 | 40.96 | -10.84% | $46.29 | $1.13 |
| May 2025 | 45.94 | 10.14% | $61.56 | $1.34 |
| Feb 2025 | 41.71 | -3.67% | $54.64 | $1.31 |
| Nov 2024 | 43.3 | 41.46% | $68.41 | $1.58 |
| Aug 2024 | 30.61 | 1.53% | $58.15 | $1.9 |
| May 2024 | 30.15 | -10.16% | $50.65 | $1.68 |
| Feb 2024 | 33.56 | 0.93% | $53.36 | $1.59 |
| Nov 2023 | 33.25 | -0.54% | $53.86 | $1.62 |
| Aug 2023 | 33.43 | 4.76% | $60.84 | $1.82 |
| May 2023 | 31.91 | 26.13% | $60 | $1.88 |
| Feb 2023 | 25.3 | 3.9% | $57.44 | $2.27 |
| Nov 2022 | 24.35 | 0.16% | $53.32 | $2.19 |
PRGS Price vs fair value
PRGS average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of PRGS is under its 3, 5 and 10-year averages.
PE comparison
Progress Software's price to earnings (P/E) of 18.29 is lower than the Technology sector, the industry and its peers average. Looking at the Technology sector average of 37.28, Progress Software's price to earnings (P/E) is 51% lower.
PRGS PE vs peers
When compared to its peers MSFT and ORCL, PRGS's PE ratio is lower, but it is higher than HPQ's. Progress Software's PE ratio is trading below the peer average of 19.89.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 9.07 | $22.65B |
| PRGS Progress Software Corp | 18.29 | $1.57B |
| ORCL Oracle Corp | 22.14 | $378.9B |
| MSFT Microsoft Corp | 23.19 | $2.9T |
| IBM International Business Machines Corp | 25.17 | $272.78B |
Frequently asked questions
What is Progress Software's PE ratio?
PRGS stock has a price to earnings ratio of 18.29 as of Jul 13, 2026.
What is the 3-year average PE ratio for Progress Software (PRGS)?
The average PE ratio for PRGS stock over the past 3 years is 32.84.
What is the 5-year average PE ratio for Progress Software (PRGS)?
The average PE ratio for PRGS stock over the past 5 years is 29.91.
What is the highest PE ratio for PRGS?
Over the last ten years, the Aug 2016 quarter recorded the highest quarterly PE ratio at 152.68.
How does the current PE ratio for PRGS compare to its historical average?
PRGS's price to earnings ratio is currently 52% below its 10-year historical average.
How is PRGS's PE ratio calculated (Progress Software PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 13, 2026), Progress Software's share price is $38.23. The company's earnings per share for the trailing twelve months (TTM) ending May 2026 is $2.09. Therefore, Progress Software's price to earnings ratio for today is 18.29. PE RATIO(18.29) = STOCK PRICE($38.23) / TTM EPS($2.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.