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Progress Software (FRA:PGR) Cyclically Adjusted Revenue per Share : €12.43 (As of Feb. 2025)


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What is Progress Software Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Progress Software's adjusted revenue per share for the three months ended in Feb. 2025 was €5.090. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €12.43 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Progress Software's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Progress Software was 13.50% per year. The lowest was 0.20% per year. And the median was 6.80% per year.

As of today (2025-05-21), Progress Software's current stock price is €56.00. Progress Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2025 was €12.43. Progress Software's Cyclically Adjusted PS Ratio of today is 4.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Progress Software was 7.09. The lowest was 3.17. And the median was 4.99.


Progress Software Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Progress Software's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Progress Software Cyclically Adjusted Revenue per Share Chart

Progress Software Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.54 7.98 9.81 10.46 11.80

Progress Software Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.70 10.92 11.05 11.80 12.43

Competitive Comparison of Progress Software's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Progress Software's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Progress Software's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Progress Software's Cyclically Adjusted PS Ratio falls into.


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Progress Software Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Progress Software's adjusted Revenue per Share data for the three months ended in Feb. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=5.09/134.6241*134.6241
=5.090

Current CPI (Feb. 2025) = 134.6241.

Progress Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201505 1.556 100.333 2.088
201508 1.696 100.548 2.271
201511 2.083 100.135 2.800
201602 1.569 100.040 2.111
201605 1.687 101.355 2.241
201608 1.852 101.617 2.454
201611 2.244 101.829 2.967
201702 1.753 102.779 2.296
201705 1.740 103.256 2.269
201708 1.704 103.587 2.215
201711 1.904 104.072 2.463
201802 1.628 105.052 2.086
201805 1.705 106.148 2.162
201808 1.760 106.383 2.227
201811 1.902 106.338 2.408
201902 1.742 106.649 2.199
201905 1.974 108.048 2.460
201908 2.118 108.245 2.634
201911 2.329 108.519 2.889
202002 2.210 109.139 2.726
202005 2.034 108.175 2.531
202008 2.043 109.662 2.508
202011 2.294 109.793 2.813
202102 2.246 110.968 2.725
202105 2.267 113.576 2.687
202108 2.816 115.421 3.285
202111 2.737 117.269 3.142
202202 2.856 119.703 3.212
202205 3.180 123.323 3.471
202208 3.397 124.958 3.660
202211 3.496 125.607 3.747
202302 3.458 126.928 3.668
202305 3.688 128.314 3.869
202308 3.567 129.538 3.707
202311 3.634 129.548 3.776
202402 3.819 130.930 3.927
202405 3.684 132.509 3.743
202408 3.708 132.816 3.758
202411 4.479 133.110 4.530
202502 5.090 134.624 5.090

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Progress Software  (FRA:PGR) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Progress Software's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.00/12.43
=4.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Progress Software was 7.09. The lowest was 3.17. And the median was 4.99.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Progress Software Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Progress Software's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Progress Software Business Description

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Address
15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.