Perl regular expressions provide powerful and flexible text processing capabilities. Regular expressions allow users to verify if input matches a text pattern within a larger body of text or replace text matching a pattern. The document discusses various regular expression operators like match, substitution, and translation operators and their modifiers. It also covers regular expression elements such as metacharacters, character classes, anchors, quantifiers, and backreferencing. Examples are provided to demonstrate the usage of different regular expression features in Perl programs.