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Progress Technologies GroupTSE:339A +5.75%18 PB Ratio is 1.30 as of Jul. 15, 2026, which is 53% below its 10-year median of 2.77. GuruFocus rates TSE:339A with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,629 Software companies, Progress Technologies Group ranks better than 74.71% on this metric.
The historical rank and industry rank for Progress Technologies Group's PB Ratio or its related term are showing as below:
TSE:339A'
s PB Ratio Range Over the Past 10 Years
Min: 1.15 Med: 2.77 Max: 8.32
Current: 1.3
During the past 5 years, Progress Technologies Group's highest PB Ratio was 8.32. The lowest was 1.15. And the median was 2.77.
TSE:339A's PB Ratio is ranked better than 74.71% of 2629
companies
in the Software industry
Industry Median: 2.39
vs TSE:339A: 1.30
During the past 12 months, Progress Technologies Group's average Book Value Per Share Growth Rate was 65.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 36.90% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Progress Technologies Group was 36.90% per year. The lowest was 31.20% per year. And the median was 34.05% per year.
Back to Basics: PB Ratio
Progress Technologies Group (TSE:339A) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Progress Technologies Group PB Ratio Related Terms
Progress Technologies Group PB Ratio Historical Data
* 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.
For the Information Technology Services subindustry, Progress Technologies Group's PB Ratio, along with its competitors' market caps and PB 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 Technologies Group PB Ratio vs Software Industry
For the Software industry and Technology sector, Progress Technologies Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Progress Technologies Group's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Progress Technologies Group (TSE:339A) has a PB Ratio of 1.30 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Progress Technologies Group and its competitors. This is 53% below median its historical median of 2.77. Over the past decade, Progress Technologies Group's PB Ratio has ranged from 1.15 to 8.32. According to the industry distribution chart, Progress Technologies Group ranks #665 out of 2629 companies in the Software industry, placing it in the top 25.3%.
Is Progress Technologies Group's PB Ratio too high?
Progress Technologies Group's current PB Ratio of 1.30 is 53% below median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 8.32. The Software industry median PB Ratio is 2.39. Progress Technologies Group's value of 1.30 is 45.6% below this industry median. Based on the distribution chart, Progress Technologies Group ranks #665 out of 2629 companies in the Software industry, which is above the industry midpoint. Overall, Progress Technologies Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Progress Technologies Group's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Progress Technologies Group ranks #665 out of 2629 companies for PB Ratio. This puts Progress Technologies Group in the upper half of its industry. The industry median PB Ratio is 2.39. Progress Technologies Group's value of 1.30 is 45.6% below this benchmark. Historically, Progress Technologies Group's own PB Ratio has ranged from 1.15 to 8.32 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 2.39, Progress Technologies Group has consistently been below 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 PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.39, based on 2,629 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Technologies Group's current PB Ratio of 1.30 is 45.6% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Progress Technologies Group and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Technologies Group's current PB Ratio is 1.30, which is 53% below median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Technologies Group stock overvalued right now?
Progress Technologies Group (TSE:339A) has a current PB Ratio of 1.30. The current PB Ratio is 1.30, which is 53% below median its 10-year median of 2.77 and 45.6% below the Software industry median of 2.39. Progress Technologies Group's overall GF Score™ is 18/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Progress Technologies Group (TSE:339A), the current PB Ratio is 1.30 as of Jul. 15, 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.
Progress Technologies Group Inc Providing cutting-edge technology at a one-stop service for the design and R&D departments of major manufacturing companies, and offering solutions that lead to successful digital transformation for companies.
18GF Score
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