Back to PRGS overview
#
PRGS Progress Software
PE ratio, current and historical analysis

## PRGS PE ratio history

### Progress Software PE ratio by year

## PRGS average PE ratio chart

## PRGS PE vs peers

## Frequently asked questions

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What is Progress Software's PE ratio?

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What is the 3-year average PE ratio for Progress Software (PRGS)?

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What is the 5-year average PE ratio for Progress Software (PRGS)?

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What is the highest PE ratio for PRGS?

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How does the current PE ratio for PRGS compare to its historical average?

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How is PRGS's PE ratio calculated (Progress Software PE ratio formula)?

As of Apr 16, 2024, the Progress Software stock's P/E ratio is 31.9. This takes into account the latest EPS of $1.59 and stock price of $50.72. The PE ratio has decreased by 3.4% from its last 4 quarters average of 33.0.

How has PRGS's PE ratio performed in the past

The PE ratio of Progress Software has averaged 39.8 over the last ten years. The current price-to-earnings ratio of 31.9 is 20% 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 2014 quarter, when it reached 17.8 with a price of $21.72 and an EPS of $1.22.

Average

39.8

Median

33.25

Minimum

17.8

Maximum

152.68

Maximum annual increase: 120.71% in 2019

Maximum annual decrease: -68.36% in 2020

Year | PE ratio | Change |
---|---|---|

2023 | 33.25 | 36.55% |

2022 | 24.35 | -10.05% |

2021 | 27.07 | 20.15% |

2020 | 22.53 | -68.36% |

2019 | 71.2 | 120.71% |

2018 | 32.26 | -53.18% |

2017 | 68.9 | N/A |

2016 | N/A | N/A |

2015 | N/A | N/A |

2014 | 26.59 | 38.27% |

What is the average PE ratio of PRGS for the past years

The current PE ratio of PRGS is above its 3-year average, but it is under its 5 and 10-year averages.

3-year avg

27.6

5-year avg

32.54

10-year avg

39.8

15-year avg

35.7

What is PRGS's PE ratio compared to its peers

When compared to its peer MSFT, PRGS's PE ratio is lower, but it is higher than ORCL's and IBM's. Progress Software's PE ratio is trading above the peer average of 24.67.

Stock name | PE ratio | Market cap |
---|---|---|

HPQ Hp Inc | 8.03 | $27.25B |

IBM International Business Machines Corp | 22.3 | $168.45B |

ORCL Oracle Corp | 31.01 | $331.53B |

PRGS Progress Software Corp | 31.9 | $2.19B |

MSFT Microsoft Corp | 37.35 | $3.08T |

PRGS stock has a price to earnings ratio of 31.9 as of Apr 16, 2024.

The average PE ratio for PRGS stock over the past 3 years is 27.6.

The average PE ratio for PRGS stock over the past 5 years is 32.54.

Over the last ten years, the Aug 2016 quarter recorded the highest quarterly PE ratio at 152.68.

PRGS's price to earnings ratio is currently 20% below its 10-year historical average.

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 (Apr 16, 2024), Progress Software's share price is $50.72. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $1.59. Therefore, Progress Software's price to earnings ratio for today is 31.9. `PE RATIO(31.9) = STOCK PRICE($50.72) / TTM EPS($1.59)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.