Progress Software (FRA:PGR) Forward PE Ratio : 10.85 (As of May. 11, 2024)

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What is Progress Software Forward PE Ratio?

Progress Software's Forward PE Ratio for today is 10.85.

Progress Software's PE Ratio without NRI for today is 13.52.

Progress Software's PE Ratio for today is 33.08.

Progress Software Forward PE Ratio Historical Data

The historical data trend for Progress Software's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Progress Software Forward PE Ratio Chart

Progress Software Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-05

Forward PE Ratio

14.93

18.55

22.52

14.43

38.76

14.18

11.22

11.45

12.05

10.82

Progress Software Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	14.93	14.08	15.92	15.70	18.55	18.18	18.42	20.45	22.52	17.15	16.84	15.08	14.43	18.69	19.01	13.39	38.76	11.21	13.83	11.30	14.18	12.79	14.20	14.79	11.22	11.12	12.38	9.62	11.45	14.25	13.62	11.81	12.05	11.40

Competitive Comparison of Progress Software's Forward PE Ratio

For the Software - Infrastructure subindustry, Progress Software's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Progress Software's Forward PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Progress Software's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Progress Software's Forward PE Ratio falls into.

Progress Software Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Progress Software (FRA:PGR) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Progress Software Forward PE Ratio Related Terms

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Progress Software (FRA:PGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Progress Software Corp (FRA:PGR) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

PRGS:USA

Address

15 Wayside Road, Suite 400, Burlington, MA, USA, 01803

Website

https://www.progress.com

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.