ADP Automatic Data Processing PE ratio, current and historical analysis
The current PE ratio for Automatic Data Processing stock as of Nov 21, 2024 is 32.4. This is calculated based on the TTM EPS of $9.4 and the stock price of $304.57 per share. The PE ratio has grown by 18% from its last 4 quarters average of 27.6.
ADP PE ratio history
The average historical PE ratio of Automatic Data Processing for the last ten years is 28.77. The current P/E ratio of 32.4 is 13% higher than 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.
Automatic Data Processing PE ratio by year
Maximum annual increase: 25.33% in 2021
Maximum annual decrease: -17.18% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 26.11 | -1.99% |
| 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% |
ADP average PE ratio chart
The current PE ratio of ADP is higher than its 3, 5 and 10-year averages.
ADP PE vs peers
ADP's PE ratio stands lower than its peer stocks INTU and IRM, but it is higher than ACN's and PAYX's. Automatic Data Processing's current PE ratio of 32.4 is lower than the average of its peers, which is 33.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNET Trinet Group Inc | 17.45 | $4.58B |
| BBSI Barrett Business Services Inc | 21.77 | $1.1B |
| FNF Fidelity National Financial Inc | 21.9 | $16.6B |
| NSP Insperity Inc | 23.15 | $2.76B |
| PAYX Paychex Inc | 30.53 | $51.86B |
| ACN Accenture plc | 31.21 | $242.98B |
| ADP Automatic Data Processing Inc | 32.4 | $124.1B |
| EFX Equifax Inc | 55.7 | $31.35B |
| INTU Intuit Inc | 65.13 | $190.06B |
| IRM Iron Mountain Inc | 329.81 | $34.84B |
Frequently asked questions
What is Automatic Data Processing's PE ratio?
ADP stock has a price to earnings ratio of 32.4 as of Nov 21, 2024.
What is the 3-year average PE ratio for Automatic Data Processing (ADP)?
The average PE ratio for ADP stock over the past 3 years is 29.8.
What is the 5-year average PE ratio for Automatic Data Processing (ADP)?
The average PE ratio for ADP stock over the past 5 years is 29.39.
What is the highest PE ratio for ADP?
Over the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 37.99.
How does the current PE ratio for ADP compare to its historical average?
The current PE ratio of ADP is 13% higher than the 10-year historical average.
How is ADP's PE ratio calculated (Automatic Data Processing PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Automatic Data Processing's share price is $304.57. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.4. Therefore, Automatic Data Processing's PE ratio for today is 32.4. PE RATIO(32.4) = STOCK PRICE($304.57) / TTM EPS($9.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.