Progress Software Corporation

Progress Software Corporationverified

PRGS

Price:

$57.65

Market Cap:

$2.47B

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Con...[Read more]

Industry

Software - Application

IPO Date

1991-07-30

Stock Exchange

NASDAQ

Ticker

PRGS

The PE Ratio as of September 2024 (TTM) for Progress Software Corporation (PRGS) is 35.37

According to Progress Software Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 35.37. This represents a change of 6.69% compared to the average of 33.15 of the last 4 quarters.

Progress Software Corporation (PRGS) Historical PE Ratio (quarterly & annually)

How has PRGS PE Ratio performed in the past?

The mean historical PE Ratio of Progress Software Corporation over the last ten years is 12.04. The current 35.37 PE Ratio has changed 29.28% with respect to the historical average. Over the past ten years (40 quarters), PRGS's PE Ratio was at its highest in in the February 2016 quarter at 99.61. The PE Ratio was at its lowest in in the February 2017 quarter at -665.55.

Quarterly (TTM)
Annual

Average

12.04

Median

26.01

Minimum

-137.36

Maximum

71.28

Progress Software Corporation (PRGS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Progress Software Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 182.49%

Maximum Annual PE Ratio = 71.28

Minimum Annual Increase = -612.75%

Minimum Annual PE Ratio = -137.36

Quarterly (TTM)
Annual
YearPE RatioChange
202333.3436.74%
202224.38-10.13%
202127.1320.17%
202022.58-68.32%
201971.28182.49%
201825.23-52.55%
201753.18-303.21%
2016-26.17-80.95%
2015-137.36-612.75%
201426.7939.74%

Progress Software Corporation (PRGS) Average PE Ratio

How has PRGS PE Ratio performed in the past?

The current PE Ratio of Progress Software Corporation (PRGS) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

28.29

5-year avg

35.74

10-year avg

12.04

Progress Software Corporation (PRGS) PE Ratio vs. Peers

How is PRGS’s PE Ratio compared to its peers?

Progress Software Corporation’s PE Ratio is greater than ePlus inc. (21.50), less than Model N, Inc. (4.49K), greater than Agilysys, Inc. (28.33), greater than Sapiens International Corporation N.V. (28.29), greater than PDF Solutions, Inc. (-397.61), less than MiX Telematics Limited (57.78), greater than PROS Holdings, Inc. (-19.59), greater than Paycor HCM, Inc. (-41.66), greater than Envestnet, Inc. (-13.70), greater than Momentive Global Inc. (-29.54), greater than MeridianLink, Inc. (-37.07), less than Enfusion, Inc. (198.95), greater than ON24, Inc. (-5.74), greater than PowerSchool Holdings, Inc. (-67.84),

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