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Progress SoftwareMEX:PRGS 50 3-Year Book Growth Rate is 7.00% as of May. 2026, which is 19% below its 10-year median of 8.65. GuruFocus rates MEX:PRGS with a GF Score™ of 50/100 and a GF Value™ of MXN949.11 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,500 Software companies, Progress Software ranks better than 55.48% on this metric.
During the past 12 months, Progress Software's average Book Value per Share Growth Rate was 16.60% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 6.50% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 2.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Progress Software was 83.50% per year. The lowest was -11.40% per year. And the median was 8.65% per year.
Progress Software (MEX:PRGS) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Progress Software 3-Year Book Growth Rate Related Terms
MEX:PRGS vs PICS, NN, APPN: 3-Year Book Growth Rate Comparison
For the Software - Infrastructure subindustry, Progress Software's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Progress Software 3-Year Book Growth Rate vs Software Industry
For the Software industry and Technology sector, Progress Software's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Progress Software's 3-Year Book Growth Rate falls into.
Progress Software 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 7.00% mean?
Progress Software (MEX:PRGS) has a 3-Year Book Growth Rate of 7.00% as of May. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Progress Software and its competitors. This is 19% below median its historical median of 8.65. According to the industry distribution chart, Progress Software ranks #1113 out of 2500 companies in the Software industry, placing it in the top 44.5%.
Is Progress Software's 3-Year Book Growth Rate too high?
Progress Software's current 3-Year Book Growth Rate of 7.00% is 19% below median its 10-year median of 8.65. The Software industry median 3-Year Book Growth Rate is 5.40. Progress Software's value of 7.00% is 29.6% above this industry median. Based on the distribution chart, Progress Software ranks #1113 out of 2500 companies in the Software industry, which is above the industry midpoint. Overall, Progress Software has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's 3-Year Book Growth Rate compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #1113 out of 2500 companies for 3-Year Book Growth Rate. This puts Progress Software in the upper half of its industry. The industry median 3-Year Book Growth Rate is 5.40. Progress Software's value of 7.00% is 29.6% above this benchmark. While the company's 10-year median is 8.65 vs. the industry median of 5.40, Progress Software has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Software company?
The median 3-Year Book Growth Rate among Software companies is 5.40, based on 2,500 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Software's current 3-Year Book Growth Rate of 7.00% is 29.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Progress Software and its competitors. For the Software industry, the median 3-Year Book Growth Rate is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current 3-Year Book Growth Rate is 7.00%, which is 19% below median its own 10-year median of 8.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (MEX:PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is MXN949.11, compared to a current price of MXN537.00 — trading 43.4% below its estimated fair value. The current 3-Year Book Growth Rate is 7.00%, which is 19% below median its 10-year median of 8.65 and 29.6% above the Software industry median of 5.40. Progress Software's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Progress Software (MEX:PRGS), the current 3-Year Book Growth Rate is 7.00% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progress Software (MEX:PRGS) Overvalued in 2026?
Based on GuruFocus' analysis, Progress Software stock appears to be undervalued.
The current stock price of MXN537.00 is trading 43.4% below its estimated GF Value™ of MXN949.11.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for MEX:PRGS:
3-Year Book Growth Rate: 7.00% (19% below median its 10-year median of 8.65)
GF Value™: MXN949.11 vs. price of MXN537.00 (43.4% below fair value)
Industry Position: 29.6% above the Software median (#1113 of 2500)
No single metric tells the full story. See the MEX:PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
50GF Score
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