PRGS Progress Software PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: PRGS
- PE Ratio
As of May 13, 2025, the Progress Software stock's P/E ratio is 47.73. This takes into account the latest EPS of $1.31 and stock price of $62.52. The PE ratio has increased by 31% from its last 4 quarters average of 36.4.
PRGS PE ratio history
The PE ratio of Progress Software has averaged 41.02 over the last ten years. The current price-to-earnings ratio of 47.73 is 16% more 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 2022 quarter, when it reached 22.06 with a price of $48.31 and an EPS of $2.19.
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 |
|---|---|---|---|---|
| 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 |
| 2010 | 34.24 | 15.17% | $25.68 | $0.75 |
Progress Software PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Aug 2022 | 24.31 | 10.2% | $48.13 | $1.98 |
| May 2022 | 22.06 | -8.43% | $48.31 | $2.19 |
| Feb 2022 | 24.09 | -11.01% | $44.08 | $1.83 |
| Nov 2021 | 27.07 | 7.55% | $48.45 | $1.79 |
| Aug 2021 | 25.17 | -5.7% | $46.56 | $1.85 |
PRGS Price vs fair value
PRGS average PE ratio chart
The current PE ratio of PRGS is above its 3, 5 and 10-year averages.
PRGS PE vs peers
When compared to its peer stocks MSFT and ORCL, PRGS's PE ratio is higher. Progress Software's PE ratio is trading above the peer average of 31.36.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 10.23 | $27.01B |
| MSFT Microsoft Corp | 34.88 | $3.37T |
| ORCL Oracle Corp | 37.13 | $457.12B |
| IBM International Business Machines Corp | 43.56 | $240.1B |
| PRGS Progress Software Corp | 47.18 | $2.66B |
Frequently asked questions
What is Progress Software's PE ratio?
PRGS stock has a price to earnings ratio of 47.73 as of May 13, 2025.
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 31.16.
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 29.63.
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 16% above 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 (May 13, 2025), Progress Software's share price is $62.52. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $1.31. Therefore, Progress Software's price to earnings ratio for today is 47.73. PE RATIO(47.73) = STOCK PRICE($62.52) / TTM EPS($1.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.