Progress Ptb Ratio from 2010 to 2024

PRGS Stock  USD 69.89  0.64  0.92%   
Progress Software PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 4.65 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Progress Software's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
5.85
Current Value
4.65
Quarterly Volatility
3.51880852
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
  
Check out the analysis of Progress Software Correlation against competitors.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Latest Progress Software's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Progress Software over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Progress Software's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progress Software's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Pretty Stable
   Ptb Ratio   
       Timeline  

Progress Ptb Ratio Regression Statistics

Arithmetic Mean5.20
Geometric Mean4.51
Coefficient Of Variation67.66
Mean Deviation1.82
Median5.16
Standard Deviation3.52
Sample Variance12.38
Range14.9317
R-Value(0.11)
Mean Square Error13.16
R-Squared0.01
Significance0.68
Slope(0.09)
Total Sum of Squares173.35

Progress Ptb Ratio History

2024 4.65
2023 5.85
2022 5.09
2021 5.88
2020 5.16
2019 5.2
2018 5.7

About Progress Software Financial Statements

Progress Software shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Progress Software investors may analyze each financial statement separately, they are all interrelated. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses on on Progress Software's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
PTB Ratio 5.85  4.65 

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Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.