Automatic Data Processing, Inc. ADP
- Market cap
- $104.2B
- P/E
- 24.0×
Follow ADP
Automatic Data Processing, Inc. (ADP) P/B ratio
As of 25 September 2026, Automatic Data Processing, Inc. (ADP) trades at a P/B ratio of 17.6×. Over the past ten years it has ranged from 7.2× (January 2015) to 43.4× (December 2022); the current reading is higher than 66% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2026 | 14.9× | (26.37%) |
| FY2025 | 20.3× | (4.65%) |
| FY2024 | 21.3× | (17.88%) |
| FY2023 | 25.9× | (4.99%) |
| FY2022 | 27.3× | 82.64% |
| FY2021 | 14.9× | 33.92% |
| FY2020 | 11.2× | (16.81%) |
| FY2019 | 13.4× | 6.83% |
| FY2018 | 12.5× | 8.75% |
| FY2017 | 11.5× | 23.15% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 14.9× | 16.22% |
| Mar 2026 | 12.9× | (20.89%) |
| Dec 2025 | 16.2× | (12.90%) |
| Sep 2025 | 18.7× | (8.06%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| MSTR Strategy Inc compare | 1.8× |
| INTU Intuit Inc. compare | 4.0× |
| UBER Uber Technologies, Inc. compare | 5.0× |
| ADBE Adobe Inc. compare | 7.9× |
| NOW ServiceNow, Inc. compare | 11.2× |
| CDNS Cadence Design Systems, Inc. compare | 13.0× |
| ADP Automatic Data Processing, Inc. | 17.6× |
| DDOG Datadog, Inc. compare | 21.9× |
| SNOW Snowflake Inc. compare | 54.6× |
| Software Application industry median | 3.0× |
| Technology sector median | 3.0× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ADP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement