Paychex, Inc.

Paychex, Inc.verified

PAYX

Price:

$125.75

Market Cap:

$45.29B

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementa...[Read more]

Industry

Staffing & Employment Services

IPO Date

1983-08-26

Stock Exchange

NASDAQ

Ticker

PAYX

The PE Ratio as of July 2024 (TTM) for Paychex, Inc. (PAYX) is 26.93

According to Paychex, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 26.93. This represents a change of 2.70% compared to the average of 26.22 of the last 4 quarters.

Paychex, Inc. (PAYX) Historical PE Ratio (quarterly & annually)

How has PAYX PE Ratio performed in the past?

The mean historical PE Ratio of Paychex, Inc. over the last ten years is 27.21. The current 26.93 PE Ratio has changed 9.80% with respect to the historical average. Over the past ten years (40 quarters), PAYX's PE Ratio was at its highest in in the May 2022 quarter at 37.68. The PE Ratio was at its lowest in in the August 2015 quarter at 19.28.

Quarterly (TTM)
Annual

Average

27.21

Median

25.96

Minimum

23.49

Maximum

33.12

Paychex, Inc. (PAYX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Paychex, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 40.99%

Maximum Annual PE Ratio = 33.12

Minimum Annual Increase = -24.26%

Minimum Annual PE Ratio = 23.49

Quarterly (TTM)
Annual
YearPE RatioChange
202425.615.47%
202324.28-24.26%
202232.06-3.19%
202133.1240.99%
202023.49-21.15%
201929.7918.15%
201825.21-3.30%
201726.070.90%
201625.84-2.73%
201526.5711.26%

Paychex, Inc. (PAYX) Average PE Ratio

How has PAYX PE Ratio performed in the past?

The current PE Ratio of Paychex, Inc. (PAYX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

27.32

5-year avg

27.71

10-year avg

27.21

Paychex, Inc. (PAYX) PE Ratio vs. Peers

How is PAYX’s PE Ratio compared to its peers?

Paychex, Inc.’s PE Ratio is greater than Robert Half International Inc. (20.42), less than ManpowerGroup Inc. (78.58), less than Upwork Inc. (32.13), greater than Insperity, Inc. (24.19), greater than Korn Ferry (21.47), greater than Kforce Inc. (22.94), greater than Kelly Services, Inc. (15.98), greater than Heidrick & Struggles International, Inc. (13.74), greater than BGSF, Inc. (16.59), greater than Hudson Global, Inc. (-51.96), greater than TrueBlue, Inc. (-31.93),

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