PAYX
Paychex
PEG ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: PAYX
- PEG Ratio
PAYX currently has a PEG ratio reading of 3.64 as of Sep 11, 2026. This metric factors in a PE of 23.63 with an earnings growth rate of 6.5%.
PAYX PEG ratio history
A ten years lookback shows an average PEG ratio of 4.06 for Paychex. Compared to historical data, PAYX's 3.64 PE to growth ratio represents a decline of 10%. Within the last ten years, the Nov 2019 quarter recorded the highest PEG value at 28.71. At 0.77, the Nov 2018 quarter showed the minimum PEG ratio in this period.
Paychex PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 3.04 | 19.79 | 6.5% |
| 2025 | N/A | 34.33 | -1.9% |
| 2024 | 2.98 | 25.62 | 8.6% |
| 2023 | 2.04 | 24.29 | 11.9% |
| 2022 | 1.21 | 32.08 | 26.6% |
| 2021 | N/A | 33.16 | -0.3% |
| 2020 | 3.75 | 23.62 | 6.3% |
| 2019 | 7.45 | 29.79 | 4% |
| 2018 | 1.16 | 23.68 | 20.4% |
| 2017 | 2.71 | 25.75 | 9.5% |
| 2016 | 2 | 25.82 | 12.9% |
| 2015 | 3.28 | 26.56 | 8.1% |
| 2014 | 2.32 | 23.9 | 10.3% |
| 2013 | 7.23 | 23.87 | 3.3% |
| 2012 | 3.15 | 19.85 | 6.3% |
Paychex PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| May 2026 | 3.04 | 19.79 | 6.5% |
| Feb 2026 | N/A | 20.58 | -5.8% |
| Nov 2025 | N/A | 25.21 | -7.3% |
| Aug 2025 | N/A | 31.13 | -5.1% |
| May 2025 | N/A | 34.33 | -1.9% |
| Feb 2025 | 6.54 | 31.4 | 4.8% |
| Nov 2024 | 5.28 | 30.6 | 5.8% |
| Aug 2024 | 4.28 | 27.8 | 6.5% |
| May 2024 | 2.98 | 25.62 | 8.6% |
| Feb 2024 | 2.51 | 26.6 | 10.6% |
| Nov 2023 | 2.39 | 26.98 | 11.3% |
| Aug 2023 | 2.44 | 27.59 | 11.3% |
| May 2023 | 2.04 | 24.29 | 11.9% |
| Feb 2023 | 2.5 | 26.47 | 10.6% |
| Nov 2022 | 2.12 | 30.55 | 14.4% |
PAYX average PEG ratio chart
PAYX's PEG ratio today is higher than its 5-year average, though it is below the 3 and 10-year averages.
PEG comparison
With a PEG of 3.64, PAYX is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.02, Paychex's PEG is 257% higher.
PAYX EPS growth
PAYX Price vs fair value
PAYX PEG vs peers
PAYX has a PEG ratio above that of peer stocks ADP and INTU.
Frequently asked questions
What is Paychex's PEG ratio?
Based on Sep 11, 2026 data, PAYX carries a PEG ratio of 3.64.
What is the 3-year average PEG ratio for Paychex (PAYX)?
PAYX has a 3-year average PEG ratio of 3.86.
What is the 5-year average PEG ratio for Paychex (PAYX)?
PAYX has a 5-year average PEG ratio of 2.79.
What is the highest PEG ratio for PAYX?
The Nov 2019 quarter marked the ten years high at 28.71 for PAYX's PEG ratio.
How does the current PEG ratio for PAYX compare to its historical average?
PAYX currently has a PEG ratio 10% below its 10-year average.
Why is Paychex's PEG ratio so high?
When a company's earnings growth trails its valuation, the PEG ratio tends to be elevated - as seen with PAYX's 3.64 value.
How is PAYX's PEG ratio calculated (Paychex PEG ratio formula)?
PEG equals PE divided by EPS growth (YoY TTM). As of Sep 11, 2026, Paychex has a P/E ratio of 23.63. Earnings grew at 6.5% over the TTM period ending May 2026. Applying the formula, this produces a price to earnings growth ratio of 3.64. PEG RATIO(3.64) = PE RATIO(23.63) / EPS GROWTH(6.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.