Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 16.91 is 43% below its 5-year average of 29.70, near the low end of its 5-year range (12.87–50.30).
As of 2026-10-06T19:07:54.155Z. 32.12% below its 12-month average of 24.91.
Calculation as of: 2026-10-06T19:07:54.155Z.
Quote observation: 2026-10-06T19:05:10.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 58fc66cd715bffb531cdab6d5d7ec1d9b572a8c40a6d954278ebd15d142dd0c2
PE Ratio (16.91) = Close Price ($36.69) / Diluted TTM EPS ($2.17)
PE RATIO
16.91
PE RATIO AVG TTM
24.91
PE RATIO AVG 3Y
33.28
PE RATIO AVG 5Y
29.70
PE RATIO AVG 10Y
31.08
PE RATIO AVG 15Y
30.19
PE RATIO AVG 20Y
30.93
CURRENT VS TTM AVG
-32.12%
CURRENT VS 3Y AVG
-49.18%
CURRENT VS 5Y AVG
-43.07%
CURRENT VS 10Y AVG
-45.59%
CURRENT VS 15Y AVG
-44.00%
CURRENT VS 20Y AVG
-45.33%
SECTOR MEDIAN · TECHNOLOGY
34.36
median of 299 covered companies
CURRENT VS SECTOR MEDIAN
-50.79%
vs the sector median at left
Progress Software Corporation
Market Cap
$1.50B
PE Ratio
16.91
TTM Avg
24.91
3Y Avg
33.28
5Y Avg
29.70
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Progress Software Corporation (PRGS) | $1.50B | 16.91 | 24.91 | 33.28 | 29.70 |
| Alkami Technology, Inc. (ALKT)vs › | $1.50B | N/A | N/A | N/A | N/A |
| Pagaya Technologies Ltd. (PGY)vs › | $1.51B | 13.18 | 14.58 | 14.58 | 14.58 |
| Concentrix Corporation (CNXC)vs › | $1.49B | N/A | 12.09 | 12.89 | 18.11 |
| Corsair Gaming, Inc. (CRSR)vs › | $1.47B | 45.56 | 86.41 | 203.27 | 153.26 |
| Mega Fortune Company Limited (MGRT)vs › | $1.44B | N/A | N/A | N/A | N/A |
| Wealthfront Corporation (WLTH)vs › | $1.58B | N/A | 13.18 | 13.18 | 13.18 |
| PagerDuty, Inc. (PD)vs › | $1.40B | 7.67 | 5.44 | 5.44 | 5.44 |
| PicS N.V. (PICS)vs › | $1.61B | 5.76 | 16.34 | 16.34 | 16.34 |
| Vistance Networks, Inc. (VISN)vs › | $1.39B | 6.70 | 8.87 | 8.87 | 8.87 |
At 16.9, P/E is below its 20-year median — higher than 6% of readings in its 20-year history.
20-year low
12.9
median
31.1
20-year high
199.3
Trailing P/E
16.9
Forward P/E
5.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$36.69
Forward EPS (Est.)
$6.19
Forward P/E
5.93
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-10-05 | 17.15 |
| 2026-10-02 | 17.00 |
| 2026-10-01 | 16.86 |
| 2026-09-30 | 19.40 |
| 2026-09-29 | 19.15 |
| 2026-09-28 | 19.13 |
| 2026-09-25 | 19.10 |
| 2026-09-24 | 19.53 |
| 2026-09-23 | 19.92 |
| 2026-09-22 | 19.72 |
| 2026-09-21 | 19.62 |
| 2026-09-18 | 19.47 |
| 2026-09-17 | 19.83 |
| 2026-09-16 | 20.32 |
| 2026-09-15 | 21.15 |
| 2026-09-14 | 20.94 |
| 2026-09-11 | 19.38 |
| 2026-09-10 | 19.71 |
| 2026-09-09 | 19.81 |
| 2026-09-08 | 20.48 |
| 2026-09-04 | 21.38 |
| 2026-09-03 | 21.66 |
| 2026-09-02 | 21.03 |
| 2026-09-01 | 21.95 |
| 2026-08-31 | 22.46 |
| 2026-08-28 | 21.73 |
| 2026-08-27 | 21.95 |
| 2026-08-26 | 21.13 |
| 2026-08-25 | 21.01 |
| 2026-08-24 | 21.08 |
| 2026-08-21 | 21.53 |
| 2026-08-20 | 20.98 |
| 2026-08-19 | 21.28 |
| 2026-08-18 | 20.98 |
| 2026-08-17 | 20.81 |
| 2026-08-14 | 21.23 |
| 2026-08-13 | 21.71 |
| 2026-08-12 | 21.16 |
| 2026-08-11 | 20.95 |
| 2026-08-10 | 21.01 |
| 2026-08-07 | 20.80 |
| 2026-08-06 | 20.30 |
| 2026-08-05 | 20.51 |
| 2026-08-04 | 20.32 |
| 2026-08-03 | 20.15 |
| 2026-07-31 | 19.70 |
| 2026-07-30 | 19.58 |
| 2026-07-29 | 20.73 |
| 2026-07-28 | 19.60 |
| 2026-07-27 | 18.77 |
| 2026-07-24 | 18.37 |
| 2026-07-23 | 17.92 |
| 2026-07-22 | 18.40 |
| 2026-07-21 | 19.16 |
| 2026-07-20 | 19.17 |
| 2026-07-17 | 19.68 |
| 2026-07-16 | 19.59 |
| 2026-07-15 | 18.90 |
| 2026-07-14 | 18.19 |
| 2026-07-13 | 18.56 |
| 2026-07-10 | 18.38 |
| 2026-07-09 | 18.69 |
| 2026-07-08 | 18.33 |
| 2026-07-07 | 19.03 |
| 2026-07-06 | 18.81 |
| 2026-07-02 | 18.65 |
| 2026-07-01 | 19.01 |
| 2026-06-30 | 17.22 |
| 2026-06-29 | 17.35 |
| 2026-06-26 | 17.00 |
| 2026-06-25 | 15.29 |
| 2026-06-24 | 15.36 |
| 2026-06-23 | 14.79 |
| 2026-06-22 | 14.18 |
| 2026-06-18 | 15.22 |
| 2026-06-17 | 15.43 |
| 2026-06-16 | 16.09 |
| 2026-06-15 | 15.90 |
| 2026-06-12 | 16.14 |
| 2026-06-11 | 16.20 |
| 2026-06-10 | 16.32 |
| 2026-06-09 | 16.11 |
| 2026-06-08 | 15.98 |
| 2026-06-05 | 16.08 |
| 2026-06-04 | 16.18 |
| 2026-06-03 | 16.39 |
| 2026-06-02 | 17.46 |
| 2026-06-01 | 18.11 |
| 2026-05-29 | 16.84 |
| 2026-05-28 | 15.66 |
| 2026-05-27 | 15.25 |
| 2026-05-26 | 15.12 |
| 2026-05-22 | 15.27 |
| 2026-05-21 | 14.83 |
| 2026-05-20 | 14.98 |
| 2026-05-19 | 14.87 |
| 2026-05-18 | 14.97 |
| 2026-05-15 | 14.26 |
| 2026-05-14 | 13.74 |
| 2026-05-13 | 13.52 |
| 2026-05-12 | 13.93 |
| 2026-05-11 | 14.55 |
| 2026-05-08 | 15.32 |
| 2026-05-07 | 15.06 |
| 2026-05-06 | 14.45 |
| 2026-05-05 | 14.90 |
| 2026-05-04 | 15.04 |
| 2026-05-01 | 14.85 |
| 2026-04-30 | 14.28 |
| 2026-04-29 | 13.98 |
| 2026-04-28 | 14.24 |
| 2026-04-27 | 14.05 |
| 2026-04-24 | 13.96 |
| 2026-04-23 | 14.08 |
| 2026-04-22 | 15.57 |
| 2026-04-21 | 15.42 |
| 2026-04-20 | 16.06 |
| 2026-04-17 | 15.86 |
| 2026-04-16 | 15.29 |
| 2026-04-15 | 15.16 |
| 2026-04-14 | 14.45 |
| 2026-04-13 | 14.22 |
| 2026-04-10 | 13.67 |
| 2026-04-09 | 14.06 |
| 2026-04-08 | 14.74 |
| 2026-04-07 | 14.88 |
| 2026-04-06 | 14.56 |
| 2026-04-02 | 13.21 |
| 2026-04-01 | 12.87 |
| 2026-03-31 | 13.15 |
| 2026-03-30 | 17.03 |
| 2026-03-27 | 16.67 |
| 2026-03-26 | 17.57 |
| 2026-03-25 | 16.46 |
| 2026-03-24 | 17.33 |
| 2026-03-23 | 18.84 |
| 2026-03-20 | 18.85 |
| 2026-03-19 | 19.17 |
| 2026-03-18 | 19.31 |
| 2026-03-17 | 20.25 |
| 2026-03-16 | 20.25 |
| 2026-03-13 | 20.66 |
| 2026-03-12 | 21.50 |
| 2026-03-11 | 21.95 |
| 2026-03-10 | 22.56 |
| 2026-03-09 | 23.40 |
| 2026-03-06 | 23.79 |
| 2026-03-05 | 23.92 |
| 2026-03-04 | 23.31 |
| 2026-03-03 | 23.42 |
| 2026-03-02 | 23.23 |
| 2026-02-27 | 25.23 |
| 2026-02-26 | 25.36 |
| 2026-02-25 | 24.70 |
| 2026-02-24 | 24.68 |
| 2026-02-23 | 24.60 |
| 2026-02-20 | 24.30 |
| 2026-02-19 | 21.94 |
| 2026-02-18 | 21.57 |
| 2026-02-17 | 21.11 |
| 2026-02-13 | 22.01 |
| 2026-02-12 | 21.48 |
| 2026-02-11 | 24.67 |
| 2026-02-10 | 26.58 |
| 2026-02-09 | 25.84 |
| 2026-02-06 | 25.90 |
| 2026-02-05 | 24.95 |
| 2026-02-04 | 24.54 |
| 2026-02-03 | 24.13 |
| 2026-02-02 | 24.69 |
| 2026-01-30 | 24.65 |
| 2026-01-29 | 23.92 |
| 2026-01-28 | 24.95 |
| 2026-01-27 | 25.10 |
| 2026-01-26 | 25.84 |
| 2026-01-23 | 25.56 |
| 2026-01-22 | 25.75 |
| 2026-01-21 | 25.72 |
| 2026-01-20 | 35.24 |
| 2026-01-16 | 36.60 |
| 2026-01-15 | 37.36 |
| 2026-01-14 | 37.81 |
| 2026-01-13 | 38.52 |
| 2026-01-12 | 40.01 |
| 2026-01-09 | 38.67 |
| 2026-01-08 | 38.42 |
| 2026-01-07 | 39.12 |
| 2026-01-06 | 37.90 |
| 2026-01-05 | 37.15 |
| 2026-01-02 | 37.49 |
| 2025-12-31 | 39.22 |
| 2025-12-30 | 39.67 |
| 2025-12-29 | 39.80 |
| 2025-12-26 | 39.74 |
| 2025-12-24 | 39.10 |
| 2025-12-23 | 39.10 |
| 2025-12-22 | 39.26 |
| 2025-12-19 | 39.25 |
| 2025-12-18 | 39.65 |
| 2025-12-17 | 39.81 |
| 2025-12-16 | 39.63 |
| 2025-12-15 | 40.11 |
| 2025-12-12 | 40.90 |
| 2025-12-11 | 41.17 |
| 2025-12-10 | 40.72 |
| 2025-12-09 | 40.47 |
| 2025-12-08 | 40.06 |
| 2025-12-05 | 39.75 |
| 2025-12-04 | 39.56 |
| 2025-12-03 | 39.60 |
| 2025-12-02 | 39.06 |
| 2025-12-01 | 38.30 |
| 2025-11-28 | 37.80 |
| 2025-11-26 | 37.62 |
| 2025-11-25 | 38.03 |
| 2025-11-24 | 36.58 |
| 2025-11-21 | 37.08 |
| 2025-11-20 | 36.19 |
| 2025-11-19 | 35.99 |
| 2025-11-18 | 36.43 |
| 2025-11-17 | 36.32 |
| 2025-11-14 | 38.36 |
| 2025-11-13 | 38.62 |
| 2025-11-12 | 39.15 |
| 2025-11-11 | 39.34 |
| 2025-11-10 | 38.74 |
| 2025-11-07 | 38.61 |
| 2025-11-06 | 38.31 |
| 2025-11-05 | 39.13 |
| 2025-11-04 | 38.46 |
| 2025-11-03 | 38.96 |
| 2025-10-31 | 38.93 |
| 2025-10-30 | 38.19 |
| 2025-10-29 | 38.85 |
| 2025-10-28 | 41.83 |
| 2025-10-27 | 41.74 |
| 2025-10-24 | 42.00 |
| 2025-10-23 | 41.14 |
| 2025-10-22 | 41.69 |
| 2025-10-21 | 42.33 |
| 2025-10-20 | 41.10 |
| 2025-10-17 | 41.23 |
| 2025-10-16 | 40.96 |
| 2025-10-15 | 41.82 |
| 2025-10-14 | 42.26 |
| 2025-10-13 | 42.79 |
| 2025-10-10 | 40.76 |
| 2025-10-09 | 42.37 |
| 2025-10-08 | 41.94 |
| 2025-10-07 | 42.76 |
| 2025-10-06 | 42.60 |
| 2025-10-03 | 42.15 |
| 2025-10-02 | 42.29 |
| 2025-10-01 | 41.28 |
| 2025-09-30 | 40.10 |
| 2025-09-29 | 32.64 |
| 2025-09-26 | 32.19 |
| 2025-09-25 | 31.56 |
| 2025-09-24 | 31.52 |
| 2025-09-23 | 31.39 |
Showing the most recent 260 of 4,605 data points. The chart above shows the full history.