Progress Software Stock Price To Earnings To Growth

PRGS Stock  USD 67.56  2.08  2.99%   
Progress Software fundamentals help investors to digest information that contributes to Progress Software's financial success or failures. It also enables traders to predict the movement of Progress Stock. The fundamental analysis module provides a way to measure Progress Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Progress Software stock.
  
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Progress Software Company Price To Earnings To Growth Analysis

Progress Software's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Current Progress Software Price To Earnings To Growth

    
  6.33 X  
Most of Progress Software's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Progress Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Progress Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Progress Software is extremely important. It helps to project a fair market value of Progress Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Progress Software's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Progress Software's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Progress Software's interrelated accounts and indicators.
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Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Progress Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

(1.1)

At this time, Progress Software's Price Earnings To Growth Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, Progress Software has a Price To Earnings To Growth of 6.3309 times. This is 274.61% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The price to earnings to growth for all United States stocks is 29.47% lower than that of the firm.

Progress Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Progress Software's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Progress Software could also be used in its relative valuation, which is a method of valuing Progress Software by comparing valuation metrics of similar companies.
Progress Software is currently under evaluation in price to earnings to growth category among its peers.

Progress Software ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Progress Software's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Progress Software's managers, analysts, and investors.
Environmental
Governance
Social

Progress Fundamentals

About Progress Software Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Progress Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progress Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Progress Software based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.