The current PE ratio for Automatic Data Processing stock as of Apr 24, 2024 is 28.54. This is calculated based on the TTM EPS of $8.64 and the stock price of $246.61 per share. The PE ratio has grown by 3.5% from its last 4 quarters average of 27.6.
The average historical PE ratio of Automatic Data Processing for the last ten years is 28.69. The current P/E ratio of 28.54 is similar to the historical average. Looking back at the last ten years, ADP's PE ratio peaked in the Dec 2021 quarter at 37.99, when the price was $246.58 and the EPS was $6.49. The lowest point was in the Mar 2020 quarter, when it reached 23.28 with a price of $136.68 and an EPS of $5.87.
Maximum annual increase: 25.33% in 2021
Maximum annual decrease: -17.18% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.64 | -10.72% |
| 2022 | 29.84 | -8.35% |
| 2021 | 32.56 | 25.33% |
| 2020 | 25.98 | -17.18% |
| 2019 | 31.37 | 0.1% |
| 2018 | 31.34 | 22.04% |
| 2017 | 25.68 | -8.58% |
| 2016 | 28.09 | 7.5% |
| 2015 | 26.13 | 4.48% |
| 2014 | 25.01 | 5.71% |
The current PE ratio of ADP is lower than its 3, 5 and 10-year averages.
ADP's PE ratio stands lower than its peer stocks INTU and EFX, but it is higher than ACN's and PAYX's. Automatic Data Processing's current PE ratio of 28.54 is higher than the average of its peers, which is 27.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BBSI Barrett Business Services Inc | 16.36 | $808.41M |
| TNET Trinet Group Inc | 19.18 | $6.41B |
| NSP Insperity Inc | 24.05 | $4.06B |
| FNF Fidelity National Financial Inc | 26.12 | $13.63B |
| PAYX Paychex Inc | 26.46 | $43.91B |
| ACN Accenture plc | 27.69 | $207.26B |
| ADP Automatic Data Processing Inc | 28.51 | $101.2B |
| EFX Equifax Inc | 49.95 | $27.97B |
| INTU Intuit Inc | 63.45 | $175.52B |
| IRM Iron Mountain Inc | 122.63 | $22.58B |
ADP stock has a price to earnings ratio of 28.54 as of Apr 24, 2024.
The average PE ratio for ADP stock over the past 3 years is 30.76.
The average PE ratio for ADP stock over the past 5 years is 29.76.
Over the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 37.99.
The current PE ratio of ADP is 0.5% lower than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 24, 2024), Automatic Data Processing's share price is $246.61. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.64. Therefore, Automatic Data Processing's PE ratio for today is 28.54. PE RATIO(28.54) = STOCK PRICE($246.61) / TTM EPS($8.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.