Progress Software (Progress Software) Price-to-Tangible-Book

Progress Software Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Price-to-Tangible-Book							-	-	-	-	-

Progress Software Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book																-	-	-	-	-

For the Software - Infrastructure subindustry, Progress Software's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

For the Software industry and Technology sector, Progress Software's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Progress Software's Price-to-Tangible-Book falls into.

Progress Software Price-to-Tangible-Book Calculation

Progress Software's price-to-tangible-book ratio for today is calculated as:

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Progress Software Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Progress Software's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Progress Software (Progress Software) Business Description