Progress Software P/E Ratio

Progress Software (PRGS) currently reports a P/E ratio of 21.42. That is below the Technology sector average of 27.19. Use the charts on this page to explore Progress Software's P/E ratio history and peer comparisons.

Progress Software's P/E ratio of 21.42 is lower than the Technology sector average of 27.19. That is roughly 21.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/E ratio is a valuation multiple that relates Progress Software's market price to a fundamental measure such as earnings, sales, or book value. At 21.42, PRGS can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/E ratio of 21.42, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 27.19. From there, open related valuation or income-statement pages for Progress Software, and consider following PRGS for alerts when major investors trade the stock.

Progress Software is classified in the Technology sector. On P/E ratio, it currently shows 21.42 versus a sector average near 27.19. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing PRGS with unrelated industries.