PAYX Paychex PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: PAYX
- PE Ratio
The P/E ratio for Paychex stock stands at 31.41 as of May 12, 2025. This is calculated based on the TTM EPS of $4.83 and the stock price of $151.69 per share. An increase of 9% has been observed in the PE ratio compared to its average of 28.9 of the past four quarters.
PAYX PE ratio history
Over the last ten years, the average PE ratio of Paychex has been 27.8. The current 31.41 price-to-earnings ratio is 13% more than the historical average. Analyzing the last ten years, PAYX's PE ratio reached its highest point in the Aug 2021 quarter at 33.77, with a price of $114.47 and an EPS of $3.39. The Aug 2015 quarter saw the lowest point at 22.56, with a price of $44.66 and an EPS of $1.98.
Paychex PE ratio by year
Maximum annual increase: 40.39% in 2021
Maximum annual decrease: -24.28% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 25.62 | 5.48% | $120.16 | $4.69 |
| 2023 | 24.29 | -24.28% | $104.93 | $4.32 |
| 2022 | 32.08 | -3.26% | $123.83 | $3.86 |
| 2021 | 33.16 | 40.39% | $101.14 | $3.05 |
| 2020 | 23.62 | -20.71% | $72.28 | $3.06 |
| 2019 | 29.79 | 25.8% | $85.79 | $2.88 |
| 2018 | 23.68 | -8.04% | $65.58 | $2.77 |
| 2017 | 25.75 | -0.27% | $59.23 | $2.3 |
| 2016 | 25.82 | -2.79% | $54.22 | $2.1 |
| 2015 | 26.56 | 11.13% | $49.41 | $1.86 |
| 2014 | 23.9 | 0.13% | $41.11 | $1.72 |
| 2013 | 23.87 | 20.25% | $37.23 | $1.56 |
| 2012 | 19.85 | -12.75% | $29.97 | $1.51 |
| 2011 | 22.75 | 5.23% | $32.3 | $1.42 |
| 2010 | 21.62 | 17.05% | $28.54 | $1.32 |
Paychex PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Feb 2025 | 31.4 | 2.61% | $151.67 | $4.83 |
| Nov 2024 | 30.6 | 10.07% | $146.27 | $4.78 |
| Aug 2024 | 27.8 | 8.51% | $131.2 | $4.72 |
| May 2024 | 25.62 | -3.68% | $120.16 | $4.69 |
| Feb 2024 | 26.6 | -1.41% | $122.62 | $4.61 |
| Nov 2023 | 26.98 | -2.21% | $121.97 | $4.52 |
| Aug 2023 | 27.59 | 13.59% | $122.23 | $4.43 |
| May 2023 | 24.29 | -8.24% | $104.93 | $4.32 |
| Feb 2023 | 26.47 | -13.36% | $110.4 | $4.17 |
| Nov 2022 | 30.55 | -1.42% | $124.03 | $4.06 |
| Aug 2022 | 30.99 | -3.4% | $123.34 | $3.98 |
| May 2022 | 32.08 | 1.58% | $123.83 | $3.86 |
| Feb 2022 | 31.58 | -5.96% | $119.06 | $3.77 |
| Nov 2021 | 33.58 | -0.56% | $119.2 | $3.55 |
| Aug 2021 | 33.77 | 1.84% | $114.47 | $3.39 |
PAYX average PE ratio chart
PAYX's current PE ratio is higher than the 3, 5 and 10-year averages.
PAYX PE vs peers
PAYX's PE ratio is below its peer stocks INTU and ADP. Paychex's current PE ratio of 31.41 is less than the average of its peers, which is 47.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PAYX Paychex Inc | 31.41 | $54.64B |
| ADP Automatic Data Processing Inc | 31.57 | $125.58B |
| NSP Insperity Inc | 40.35 | $2.6B |
| EFX Equifax Inc | 55.95 | $34.32B |
| INTU Intuit Inc | 61.1 | $185.15B |
Frequently asked questions
What is Paychex's PE ratio?
The price to earnings ratio for PAYX stock as of May 12, 2025, stands at 31.41.
What is the 3-year average PE ratio for Paychex (PAYX)?
Over the last 3 years, the average PE ratio for PAYX stock is 28.41.
What is the 5-year average PE ratio for Paychex (PAYX)?
Over the last 5 years, the average PE ratio for PAYX stock is 29.28.
What is the highest PE ratio for PAYX?
The highest quarterly PE ratio in the last ten years has been 33.77 and it was in the Aug 2021 quarter.
How does the current PE ratio for PAYX compare to its historical average?
The current PE ratio of PAYX is 13% higher than the 10-year historical average.
How is PAYX's PE ratio calculated (Paychex PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 12, 2025), Paychex's share price is $151.69. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $4.83. Therefore, Paychex's price to earnings ratio for today is 31.41. PE RATIO(31.41) = STOCK PRICE($151.69) / TTM EPS($4.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.