Paychex Inc (PAYX) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing s...

Paychex Inc (PAYX) currently trades at a P/E ratio of 27.93 (historical range: 18.85–34.90, median: 28.75), placing it at the 43th percentile — near its historical average, P/S ratio of 7.22 (range: 4.87–10.90, 41th percentile — near its historical average), EV/EBITDA of 25.46 (range: 17.67–98.65, 34th percentile).

Over the historical period (2024-08-30 to 2026-08-28), Paychex Inc's P/E ratio has contracted by 22% over the observed period (from an average of 31.0 to 24.1).

Paychex Inc appears undervalued relative to its historical range, with most valuation metrics below their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio27.9318.8528.7534.9043thnear its historical average
P/S Ratio7.224.878.7710.9041thnear its historical average
EV/EBITDA25.4617.6731.5698.6534thbelow its historical average
FCF Yield0.040.010.030.0675thbelow its historical average
Current Price: $127.04
Market Cap: $45.2B
Sector: Industrials