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 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.

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.

Average

39.26

Median

30.87

Minimum

17.8

Maximum

152.68

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% |

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

25.27

5-year avg

32.61

10-year avg

39.26

15-year avg

35.15

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 |

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

The average PE ratio for PRGS stock over the past 3 years is 25.27.

The average PE ratio for PRGS stock over the past 5 years is 32.61.

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 28% 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 (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.