Is Progress Software Corporation (PRGS) overvalued? · P/E 16, rev $501.3M
Progress Software Corporation (PRGS) is a software - infrastructure company listed on US.
This page asks whether Progress Software Corporation (PRGS) looks expensive on cached numbers — not a short thesis.
Latest reported PRGS revenue for 2026-05-31 was $501.3M. Net income was $43.9M. PRGS currently screens at market cap $1.33B and trailing P/E 16.2.
PRGS currently screens at market cap $1.33B and trailing P/E 16.2. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PRGS 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PRGS stock page for the full model, not this heading.
Not investment advice.