Progress Software (PRGS) Price to Book (2009 - 2026)
Progress Software's Price to Book was 2.68 in fiscal Q2 2026 (quarter ended May 31, 2026), down 54.3% from 5.86 a year earlier and down 24.1% from the prior quarter.
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Analysis
Progress Software (PRGS) Price to Book (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Price to Book at Progress Software came in at 3.66, down 45.8% from FY2024.
- In earlier fiscal years, Price to Book was 6.76 in FY2024 (+31.7%), 5.13 in FY2023 (-11.3%), 5.79 in FY2022 (+11.6%) and 5.19 in FY2021 (+1.1%).
- The fiscal Q2 2026 figure marks the lowest quarterly Price to Book since fiscal Q2 2016.
- Compared with a year earlier, Price to Book has declined for four straight quarters, with an average decline of 14.8% over the last eight quarters.
- The best year-over-year quarter for Price to Book over five years was fiscal Q4 2024 (growth of 31.7%); the worst was fiscal Q2 2026 (a decline of 54.3%).
- Per Business Quant data, PRGS's Price to Book in the three fiscal quarters before Q2 2026 was 3.53 (Q1 2026), 3.66 (Q4 2025) and 4.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Progress Software | 1.64 Bn | 1.21 Bn | 203.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 3.58 |
| May 31, 2026 | 2.68 |
| Feb 28, 2026 | 3.53 |
| Nov 30, 2025 | 3.66 |
| Aug 31, 2025 | 4.16 |
| May 31, 2025 | 5.86 |
| Feb 28, 2025 | 5.44 |
| Nov 30, 2024 | 6.76 |
| Aug 31, 2024 | 5.86 |
| May 31, 2024 | 5.43 |
| Feb 29, 2024 | 5.05 |
| Nov 30, 2023 | 5.13 |
| Aug 31, 2023 | 5.96 |
| May 31, 2023 | 6.21 |
| Feb 28, 2023 | 6.02 |
| Nov 30, 2022 | 5.79 |
| Aug 31, 2022 | 5.64 |
| May 31, 2022 | 5.64 |
| Feb 28, 2022 | 5.24 |
| Nov 30, 2021 | 5.19 |
API Access
Progress Software Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();