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Progress SoftwarePRGS -2.07%79 Median PS Value is $91.92 as of Aug. 17, 2026, which is 9280% above its 10-year median of 0.98. GuruFocus rates PRGS with a GF Score™ of 79/100 and a GF Value™ of $78.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,073 Software companies, Progress Software ranks better than 78.66% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Progress Software (NAS:PRGS) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Progress Software's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
42.875
/
91.92
=
0.47
* 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.
Progress Software Median PS Value Related Terms
Progress Software Median PS Value Historical Data
* Premium members only.
The historical data trend for Progress Software's Median PS Value 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.
PRGS vs PICS, NN, APPN: Median PS Value Comparison
For the Software - Infrastructure subindustry, Progress Software's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Software Industry
For the Software industry and Technology sector, Progress Software's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Progress Software's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.9388.
Progress Software's Revenue per Share for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.337.
* 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.
Progress Software (PRGS) has a Median PS Value of $91.92 as of Aug. 17, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Progress Software and its competitors. This is 9280% above median its historical median of 0.98. Over the past decade, Progress Software's Median PS Value has ranged from 0.36 to 1.51. According to the industry distribution chart, Progress Software ranks #229 out of 1073 companies in the Software industry, placing it in the top 21.3%.
Is Progress Software's Median PS Value too high?
Progress Software's current Median PS Value of $91.92 is 9280% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.51. The Software industry median Median PS Value is 0.83. Progress Software's value of $91.92 is 10974.7% above this industry median. Based on the distribution chart, Progress Software ranks #229 out of 1073 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Median PS Value compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #229 out of 1073 companies for Median PS Value. This places Progress Software in the top 21% of its industry — outperforming the majority of peers. The industry median Median PS Value is 0.83. Progress Software's value of $91.92 is 10974.7% above this benchmark. Historically, Progress Software's own Median PS Value has ranged from 0.36 to 1.51 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.83, 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 Median PS Value for a Software company?
The median Median PS Value among Software companies is 0.83, based on 1,073 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Software's current Median PS Value of $91.92 is 10974.7% 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Progress Software and its competitors. For the Software industry, the median Median PS Value is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current Median PS Value is $91.92, which is 9280% above median its own 10-year median of 0.98. 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 (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.88 — trading 45.6% below its estimated fair value. The current Median PS Value is $91.92, which is 9280% above median its 10-year median of 0.98 and 10974.7% above the Software industry median of 0.83. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Progress Software (PRGS), the current Median PS Value is $91.92 as of Aug. 17, 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 (PRGS) Overvalued in 2026?
Based on GuruFocus' analysis, Progress Software stock appears to be undervalued.
The current stock price of $42.88 is trading 45.6% below its estimated GF Value™ of $78.84.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for PRGS:
Median PS Value: $91.92 (9280% above median its 10-year median of 0.98)
GF Value™: $78.84 vs. price of $42.88 (45.6% below fair value)
Industry Position: 10974.7% above the Software median (#229 of 1073)
No single metric tells the full story. See the 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.
79GF Score
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