PROGRESS SOFTWARE CORP /MA (PRGS)
Services-Prepackaged Software
Latest Price
$43.56
TTM P/E
21.15
Normalized P/E
24.96
Div Yield
--
Book Value
12.08
P/B Ratio
3.61
Valuation metrics
adjust assumptions →EPS: $1.66
Book value / share: $11.30
Formula: √(22.5 × EPS × BVPS)
Graham Number
$20.54
53% downside
Base FCF: $186M (median of recent 5yr)
Growth: 11%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$87.77
+101% upside
EPS: $1.66
Target P/E: 25×
Formula: EPS × P/E
P/E Fair Value
$41.50
5% downside
Institutional Ownership
100.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7.57M | $254.0M | 18.33% | +598.4K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.85M | $129.0M | 9.31% | +416.0K | 2026-06-30 |
| STATE STREET CORP | 1.96M | $65.0M | 4.75% | +200.7K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.90M | $63.0M | 4.60% | -28.8K | 2026-06-30 |
| VICTORY CAPITAL MANAGEMENT INC | 1.69M | $56.0M | 4.09% | +742.0K | 2026-06-30 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.27M | $42.0M | 3.09% | +53.3K | 2026-06-30 |
| LSV ASSET MANAGEMENT | 1.26M | $42.0M | 3.06% | +273.7K | 2026-06-30 |
| GOLDMAN SACHS GROUP INC | 1.26M | $42.0M | 3.05% | +607.5K | 2026-06-30 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.21M | $40.0M | 2.94% | +144.1K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.17M | $39.0M | 2.84% | +84.7K | 2026-06-30 |