Is the price fair?
What PRGS's price assumes
Progress Software Corporation trades at 21.1× earnings against 31.8× for the median Software - Infrastructure name, cheaper than its own group.
21.1
Trailing P/E · Software - Infrastructure median 31.8 · cheaper than the typical name in its group
- Price / sales
- 1.38
Price / sales · as of 2026-Q2
- Free cash flow yield
- 24%
Free cash flow yield · Software - Infrastructure median 5.3%
- Growth the price implies
- −17%
Growth the price implies · The price pays for −17% free cash flow growth a year for a decade; the business has delivered +22% a year over the last three.
Details›
- Price / book2026-Q2
- 2.74
- EV / EBIT2026-Q2
- 14.8
- EV / sales2026-Q2
- 2.57
- Technology median P/E376 names
- 37.0
- Software - Infrastructure median P/E81 names
- 31.8
- Free cash flow, trailing twelve months
- $305M
- Market capitalisation
- $1.25B
- 3-year revenue growth
- +16%
- 3-year free cash flow growth
- +22%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $53.53 |
| Its own P/E history, median | $67.16 |
| Its own P/E history, upper quartile | $76.60 |
| 52-week range | $25.09 – $46.87 |
| Today | $43.53 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Software - Infrastructure
Ranks #30 of 78 by Smart Score