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PRGS Progress Software PE ratio, current and historical analysis

As of Sep 28, 2023, the Progress Software stock's P/E ratio is 28.38. This takes into account the latest EPS of $1.88 and stock price of $53.35. The PE ratio has increased by 7% from its last 4 quarters average of 26.5.

PRGS PE ratio history

How has PRGS's PE ratio performed in the past

The PE ratio of Progress Software has averaged 39.26 over the last ten years. The current price-to-earnings ratio of 28.38 is 28% 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.


Progress Software PE ratio by year

Maximum annual increase: 120.71% in 2019

Maximum annual decrease: -68.36% in 2020

Year PE ratio Change
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%
2013 19.23 -28.27%

PRGS average PE ratio chart

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
5-year avg
10-year avg
15-year avg

PRGS PE vs peers

What is PRGS's PE ratio compared to its peers

When compared to its peer stock AMSWA, PRGS's PE ratio is lower.

Stock name PE ratio Market cap
PRGS Progress Software Corp 28.19 $2.3B
AMSWA American Software Inc 34.97 $394.28M

Frequently asked questions

What is Progress Software's PE ratio?

PRGS stock has a price to earnings ratio of 28.38 as of Sep 28, 2023.

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 25.27.

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 32.61.

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 28% 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 (Sep 28, 2023), Progress Software's share price is $53.35. The company's earnings per share for the trailing twelve months (TTM) ending May 2023 is $1.88. Therefore, Progress Software's price to earnings ratio for today is 28.38. PE RATIO(28.38) = STOCK PRICE($53.35) / TTM EPS($1.88)

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