Progress Software PRGS
NASDAQ PRGS
$44.05 -0.56 (-1.26%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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