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

###
What is Progress Software's PE ratio?

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

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

###
What is the highest PE ratio for PRGS?

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

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

As of Aug 2, 2024, the Progress Software stock's P/E ratio is 33.67. This takes into account the latest EPS of $1.68 and stock price of $56.57. The PE ratio has increased by 3.3% from its last 4 quarters average of 32.6.

How has PRGS's PE ratio performed in the past

The PE ratio of Progress Software has averaged 40.17 over the last ten years. The current price-to-earnings ratio of 33.67 is 16% 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 2022 quarter, when it reached 22.06 with a price of $48.31 and an EPS of $2.19.

Average

40.17

Median

33.25

Minimum

22.06

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 and 5-year averages, but it is under its 10-year average.

3-year avg

27.89

5-year avg

31.78

10-year avg

40.17

15-year avg

35.69

What is PRGS's PE ratio compared to its peers

When compared to its peers MSFT and ORCL, PRGS's PE ratio is lower, but it is higher than IBM's and HPQ's. Progress Software's PE ratio is trading above the peer average of 25.27.

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

HPQ Hp Inc | 11.24 | $33B |

IBM International Business Machines Corp | 20.51 | $174.21B |

PRGS Progress Software Corp | 33.67 | $2.42B |

MSFT Microsoft Corp | 34.44 | $3.04T |

ORCL Oracle Corp | 34.89 | $367.3B |

PRGS stock has a price to earnings ratio of 33.67 as of Aug 2, 2024.

The average PE ratio for PRGS stock over the past 3 years is 27.89.

The average PE ratio for PRGS stock over the past 5 years is 31.78.

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 16% 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 (Aug 2, 2024), Progress Software's share price is $56.57. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $1.68. Therefore, Progress Software's price to earnings ratio for today is 33.67. `PE RATIO(33.67) = STOCK PRICE($56.57) / TTM EPS($1.68)`

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