Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 6.01 as of 2026-10-06T21:13:23.356Z.
Consensus retrieved: 2026-10-06T15:26:11.064Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T21:13:23.356Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 58fc66cd715bffb531cdab6d5d7ec1d9b572a8c40a6d954278ebd15d142dd0c2
Forward PE Ratio (6.01) = Dated Quote Price ($37.20) / Consensus Forward EPS ($6.19)
FORWARD PE RATIO
6.01
SECTOR MEDIAN · TECHNOLOGY
23.39
median of 315 covered companies
CURRENT VS SECTOR MEDIAN
-74.31%
vs the sector median at left
Progress Software Corporation
Market Cap
$1.53B
Forward PE Ratio
6.01
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Progress Software Corporation (PRGS) | $1.53B | 6.01 |
| Concentrix Corporation (CNXC)vs › | $1.52B | 2.24 |
| Alkami Technology, Inc. (ALKT)vs › | $1.51B | 17.93 |
| Pagaya Technologies Ltd. (PGY)vs › | $1.51B | 10.79 |
| Mega Fortune Company Limited (MGRT)vs › | $1.49B | N/A |
| Wealthfront Corporation (WLTH)vs › | $1.58B | 29.31 |
| Corsair Gaming, Inc. (CRSR)vs › | $1.46B | 15.17 |
| PicS N.V. (PICS)vs › | $1.61B | N/A |
| Marqeta, Inc. (MQ)vs › | $1.62B | 74.51 |
| EverCommerce Inc. (EVCM)vs › | $1.64B | 12.67 |
Trailing P/E
17.1
reported TTM EPS
Forward P/E
6.0
consensus EPS · fiscal year ending 2026-11-30
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.19 implies +185.3% EPS growth vs the reported trailing $2.17.
At the dated quote price of $37.20, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-11-30 | $6.19 | $6.18 – $6.27 | 3 | 6.0x |
| 2027-11-30 | $7.18 | $7.14 – $7.20 | 3 | 5.2x |
| 2028-11-30 | $7.98 | $7.83 – $8.08 | 1 | 4.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
