Progress Software Corp (PRGS) valuation
Progress Software P/E ratio history
Progress Software trades at 20.8 times its earnings over the last twelve months and 6.5 times the earnings analysts expect over the next twelve. At its last 8 fiscal year ends its P/E ranged from 22.9 (year to Nov 2020) to 72.4 (year to Nov 2019), with a median of 30.0.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Nov 30, 2025 | $41.41 | $1.66 | 25.0 | 7.4 |
| Nov 30, 2024 | $68.41 | $1.54 | 44.4 | 13.8 |
| Nov 30, 2023 | $53.86 | $1.57 | 34.3 | 11.8 |
| Nov 30, 2022 | $53.32 | $2.15 | 24.8 | 12.4 |
| Nov 30, 2021 | $48.45 | $1.76 | 27.5 | 12.1 |
| Nov 30, 2020 | $40.10 | $1.75 | 22.9 | — |
| Nov 30, 2019 | $42.01 | $0.58 | 72.4 | — |
| Nov 30, 2018 | $35.16 | $1.08 | 32.6 | — |
| Nov 30, 2017 | $41.34 | — | n/m | — |
| Nov 30, 2016 | $29.57 | -$1.17 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Progress Software valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Progress SoftwarePRGS | $1.85B | 20.8 | 6.5 | 1.9 |
| C3 AiAI | $1.84B | — | — | 7.9 |
| Diebold NixdorfDBD | $1.87B | 26.3 | 9.0 | 0.5 |
| Soundhound AiSOUN | $1.83B | — | — | 9.0 |
| OusterOUST | $1.89B | — | — | 9.2 |
| A10 NetworksATEN | $1.76B | 41.5 | 22.0 | 5.7 |
| CtsCTS | $1.75B | 24.2 | 21.1 | 3.1 |
| CleansparkCLSK | $1.97B | — | — | 2.9 |
| Navitas SemiconductorNVTS | $1.98B | — | — | 54.3 |
| Peer median | 26.3 | 21.1 | 6.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: PRGS financials · PRGS returns
No forecast, no recommendation. This page describes Progress Software Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.