The P/E ratio for Paychex stock stands at 32.01 as of Apr 1, 2025. This is calculated based on the TTM EPS of $4.83 and the stock price of $154.59 per share. An increase of 11% has been observed in the PE ratio compared to its average of 28.9 of the past four quarters.
Over the last ten years, the average PE ratio of Paychex has been 27.8. The current 32.01 price-to-earnings ratio is 15% 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.
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 |
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's current PE ratio is higher than the 3, 5 and 10-year averages.
PAYX's PE ratio is less than its peer stocks INTU and EFX, but it is above ADP's. Paychex's current PE ratio of 32.01 is less than the average of its peers, which is 43.83.
Stock name | PE ratio | Market cap |
---|---|---|
ADP Automatic Data Processing Inc | 31.86 | $124.72B |
PAYX Paychex Inc | 32.01 | $55.68B |
NSP Insperity Inc | 36.85 | $3.35B |
EFX Equifax Inc | 49.97 | $30.24B |
INTU Intuit Inc | 56.62 | $171.59B |
The price to earnings ratio for PAYX stock as of Apr 1, 2025, stands at 32.01.
Over the last 3 years, the average PE ratio for PAYX stock is 28.41.
Over the last 5 years, the average PE ratio for PAYX stock is 29.28.
The highest quarterly PE ratio in the last ten years has been 33.77 and it was in the Aug 2021 quarter.
The current PE ratio of PAYX is 15% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Paychex's share price is $154.59. 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 32.01. PE RATIO(32.01) = STOCK PRICE($154.59) / TTM EPS($4.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.