Progress Software Stock

Progress Software P/E 2024

Progress Software P/E

10.81

Ticker

PRGS

ISIN

US7433121008

WKN

884284

As of Jul 31, 2024, Progress Software's P/E ratio was 10.81, a -71.46% change from the 37.88 P/E ratio recorded in the previous year.

The Progress Software P/E history

Progress Software Aktienanalyse

What does Progress Software do?

Progress Software Corp is a US-based company that offers software development tools and business applications. It was founded in 1981 and is headquartered in Bedford, Massachusetts. Progress Software ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Progress Software's P/E Ratio

The Price to Earnings (P/E) Ratio of Progress Software is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Progress Software's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Progress Software is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Progress Software’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Progress Software stock

What is the price-to-earnings ratio of Progress Software?

The price-earnings ratio of Progress Software is currently 10.81.

How has the price-earnings ratio of Progress Software changed compared to last year?

The price-to-earnings ratio of Progress Software has increased by -71.46% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Progress Software high compared to other companies?

Yes, the price-to-earnings ratio of Progress Software is high compared to other companies.

How does an increase in the price-earnings ratio of Progress Software affect the company?

An increase in the price-earnings ratio of Progress Software would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Progress Software affect the company?

A decrease in the price-earnings ratio of Progress Software would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Progress Software?

Some factors that influence the price-earnings ratio of Progress Software are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Progress Software pay?

Over the past 12 months, Progress Software paid a dividend of 0.7 USD . This corresponds to a dividend yield of about 1.19 %. For the coming 12 months, Progress Software is expected to pay a dividend of 0.81 USD.

What is the dividend yield of Progress Software?

The current dividend yield of Progress Software is 1.19 %.

When does Progress Software pay dividends?

Progress Software pays a quarterly dividend. This is distributed in the months of December, March, July, October.

How secure is the dividend of Progress Software?

Progress Software paid dividends every year for the past 0 years.

What is the dividend of Progress Software?

For the upcoming 12 months, dividends amounting to 0.81 USD are expected. This corresponds to a dividend yield of 1.37 %.

In which sector is Progress Software located?

Progress Software is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Progress Software kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Progress Software from 9/16/2024 amounting to 0.175 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Progress Software pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Progress Software in the year 2023?

In the year 2023, Progress Software distributed 0.7 USD as dividends.

In which currency does Progress Software pay out the dividend?

The dividends of Progress Software are distributed in USD.

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Andere Kennzahlen von Progress Software

Our stock analysis for Progress Software Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Progress Software Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.