Progress Software (PRGS) Price to Book (2009 - 2026)
Progress Software (PRGS) posted Price to Book of 2.68 for Q2 2026, down 24.14% on a QoQ basis from 3.53 in Q1 2026, and down 54.28% year-over-year from 5.86 in Q2 2025.
Analysis
Progress Software (PRGS) Price to Book (2009 - 2026) Analysis & Trends
Progress Software has reported Price to Book for 18 years, with the latest figure at 2.68 in Q2 2026.
- On a quarterly basis, Price to Book fell 54.28% year-over-year to 2.68 in Q2 2026; TTM through May 2026 was 2.68, a 54.28% decrease from a year earlier, with the FY2025 full-year figure at 3.66, down 45.79% from the prior year.
- Price to Book was 2.68 for Q2 2026 at Progress Software, down from 3.53 in the prior quarter.
- The five-year high for Price to Book was 6.76 in Q4 2024, with the low at 2.68 in Q2 2026.
- Average Price to Book over 5 years is 5.23, with a median of 5.54 recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Price to Book surged 31.75% in 2024, then plunged 54.28% in 2026.
- Over 5 years, Price to Book stood at 5.79 in 2022, then decreased by 11.35% to 5.13 in 2023, then jumped by 31.75% to 6.76 in 2024, then sank by 45.79% to 3.66 in 2025, then retreated by 26.88% to 2.68 in 2026.
- The last three Price to Book figures came in at 2.68 (Q2 2026), 3.53 (Q1 2026), and 3.66 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.33 Bn | 16.24 Bn | 434.76 Mn |
| 2 | JFrog | 10.78 Bn | 9.95 Bn | 127.62 Mn |
| 3 | Gitlab | 8.28 Bn | 7.07 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.87 Bn | 4.85 Bn | 10.20 Mn |
| 5 | Progress Software | 1.82 Bn | 1.72 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 5.14 |