SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Progress Software Corporation (PRGS) trades at a trailing P/E of 13.7, forward P/E of 4.7. Trailing earnings yield is 7.28%, forward earnings yield 21.23%. PEG 1.76. Graham Number is $23.17.
Criteria proven by this page:
- VALUE (63/100, Pass) — P/E is below market average (13.7); analyst target implies upside (+59.7%); earnings yield beats bond yields (7.28%).
- Forward P/E 4.7 (down from trailing 13.7) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 1.76 — between 1.0–2.0 indicates moderate valuation relative to growth.
- Trailing Earnings Yield 7.28% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income. Forward yield improves to 21.23% as earnings recover.
- Analyst consensus target $45.00 (+59.7% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 54/100 with 3/7 criteria passed.
SharesGrow 7-Criteria Score
✓
VALUE
63/100
Price-to-Earnings & upside
Proven by this page
✗
HEALTH
0/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — PRGS
Valuation Multiples
P/E (TTM)13.7
Forward P/E4.7
PEG Ratio1.76
Forward PEG0.02
P/B Ratio2.34
P/S Ratio1.18
EV/EBITDA13.9
Per Share Data
EPS (TTM)$2.02
Forward EPS (Est.)$5.98
Book Value / Share$11.83
Revenue / Share$23.43
FCF / Share$6.11
Yields & Fair Value
Earnings Yield7.28%
Forward Earnings Yield21.23%
Dividend Yield0.00%
Graham Number$23.17
SharesGrow IV$168.96 (+499.6%)
Analyst Target$45.00 (+59.7%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
-26.2 |
-0.05 |
3.59 |
3.60 |
0.42% |
| 2017 |
53.2 |
-0.31 |
5.29 |
5.00 |
1.21% |
| 2018 |
25.2 |
0.32 |
5.17 |
4.03 |
1.61% |
| 2019 |
71.3 |
-1.24 |
5.70 |
4.55 |
1.48% |
| 2020 |
22.6 |
0.11 |
5.20 |
4.07 |
1.66% |
| 2021 |
27.1 |
48.30 |
5.16 |
4.00 |
1.48% |
| 2022 |
24.4 |
1.09 |
5.82 |
3.85 |
1.34% |
| 2023 |
33.3 |
-1.28 |
5.09 |
3.37 |
1.35% |
| 2024 |
43.3 |
-17.52 |
6.75 |
3.93 |
1.06% |
| 2025 |
24.7 |
3.25 |
3.77 |
1.84 |
0.04% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$-1.13 |
$405.34M |
$-55.73M |
-13.7% |
| 2017 |
$0.77 |
$397.57M |
$37.42M |
9.4% |
| 2018 |
$1.38 |
$397.17M |
$63.49M |
16% |
| 2019 |
$0.58 |
$413.3M |
$26.4M |
6.4% |
| 2020 |
$1.76 |
$442.15M |
$79.72M |
18% |
| 2021 |
$1.76 |
$531.31M |
$78.42M |
14.8% |
| 2022 |
$2.15 |
$602.01M |
$95.07M |
15.8% |
| 2023 |
$1.57 |
$694.44M |
$70.2M |
10.1% |
| 2024 |
$1.54 |
$753.41M |
$68.44M |
9.1% |
| 2025 |
$1.66 |
$977.83M |
$73.13M |
7.5% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$5.88 |
$5.87 – $5.90 |
$993.34M |
$991.57M – $995.11M |
4 |
| 2027 |
$5.96 |
$5.91 – $6.00 |
$1.01B |
$996.22M – $1.03B |
4 |
| 2028 |
$6.17 |
$6.11 – $6.24 |
$1.03B |
$1.02B – $1.03B |
2 |
