As of Apr 1, 2025, the Progress Software stock's P/E ratio is 44.09. This takes into account the latest EPS of $1.31 and stock price of $57.76. The PE ratio has increased by 21% from its last 4 quarters average of 36.4.
The PE ratio of Progress Software has averaged 41.02 over the last ten years. The current price-to-earnings ratio of 44.09 is 7% 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.
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 |
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 |
The current PE ratio of PRGS is above its 3, 5 and 10-year averages.
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 27.8.
Stock name | PE ratio | Market cap |
---|---|---|
HPQ Hp Inc | 9.96 | $26.28B |
MSFT Microsoft Corp | 30.64 | $2.84T |
ORCL Oracle Corp | 33.23 | $409.03B |
IBM International Business Machines Corp | 38.22 | $231.8B |
PRGS Progress Software Corp | 45 | $2.54B |
PRGS stock has a price to earnings ratio of 44.09 as of Apr 1, 2025.
The average PE ratio for PRGS stock over the past 3 years is 31.16.
The average PE ratio for PRGS stock over the past 5 years is 29.63.
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 7% above 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 1, 2025), Progress Software's share price is $57.76. 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 44.09. PE RATIO(44.09) = STOCK PRICE($57.76) / TTM EPS($1.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.