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ADP Automatic Data Processing PE ratio, current and historical analysis

The current PE ratio for Automatic Data Processing stock as of Apr 22, 2024 is 28.51. This is calculated based on the TTM EPS of $8.64 and the stock price of $246.31 per share. The PE ratio has grown by 3.4% from its last 4 quarters average of 27.6.

ADP PE ratio history

How has ADP's PE ratio performed in the past

The average historical PE ratio of Automatic Data Processing for the last ten years is 28.69. The current P/E ratio of 28.51 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.

Average
28.69
Median
28.09
Minimum
23.28
Maximum
37.99

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
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%

ADP average PE ratio chart

What is the average PE ratio of ADP for the past years

The current PE ratio of ADP is lower than its 3, 5 and 10-year averages.

3-year avg
30.76
5-year avg
29.76
10-year avg
28.69
15-year avg
25.67

ADP PE vs peers

What is ADP's PE ratio compared to its peers

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 28.51 is higher than the average of its peers, which is 27.13.

Stock name PE ratio Market cap
BBSI Barrett Business Services Inc 16.33 $807.03M
TNET Trinet Group Inc 19.62 $6.56B
NSP Insperity Inc 24.06 $4.06B
FNF Fidelity National Financial Inc 25.88 $13.51B
PAYX Paychex Inc 26.3 $43.64B
ACN Accenture plc 28.44 $212.91B
ADP Automatic Data Processing Inc 28.51 $101.18B
EFX Equifax Inc 49.31 $27.14B
INTU Intuit Inc 61.72 $170.72B
IRM Iron Mountain Inc 120.4 $22.17B

Frequently asked questions

What is Automatic Data Processing's PE ratio?

ADP stock has a price to earnings ratio of 28.51 as of Apr 22, 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 30.76.

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 29.76.

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 0.6% lower 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 (Apr 22, 2024), Automatic Data Processing's share price is $246.31. 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 28.51. PE RATIO(28.51) = STOCK PRICE($246.31) / TTM EPS($8.64)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.