PAYX Paychex PE ratio, current and historical analysis

The P/E ratio for Paychex stock stands at 29.07 as of Apr 21, 2025. This is calculated based on the TTM EPS of $4.83 and the stock price of $140.39 per share. The current PE ratio is about the same compared to the last 4 quarters average.

PAYX PE ratio history

How has PAYX's PE ratio performed in the past

Over the last ten years, the average PE ratio of Paychex has been 27.8. The current 29.07 price-to-earnings ratio is 4.6% 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.

Today
29.67
Average
27.8
Median
27.16
Minimum
22.56
Maximum
33.77

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

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

PAYX's current PE ratio is higher than the 3 and 10-year averages, but it is under its 5-year average.

3-year avg
28.41
5-year avg
29.28
10-year avg
27.8
15-year avg
26.09

PAYX PE vs peers

What is PAYX's PE ratio compared to its peers

PAYX's PE ratio is below its peer stocks INTU and ADP. Paychex's current PE ratio of 29.07 is less than the average of its peers, which is 39.42.

Stock name PE ratio Market cap
PAYX Paychex Inc 29.67 $51.62B
ADP Automatic Data Processing Inc 30.43 $119.12B
NSP Insperity Inc 32.2 $2.93B
EFX Equifax Inc 50.18 $30.37B
INTU Intuit Inc 53.8 $163.04B

Frequently asked questions

What is Paychex's PE ratio?

The price to earnings ratio for PAYX stock as of Apr 21, 2025, stands at 29.07.

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 4.6% 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 (Apr 21, 2025), Paychex's share price is $140.39. 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 29.07. PE RATIO(29.07) = STOCK PRICE($140.39) / TTM EPS($4.83)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.