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Friday 6 November 2026 Export PAYX’s income statement to Excel — free account

Paychex, Inc.

PAYX Technology Software Application

Paychex, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $6.5 billion, up 16.9% from fiscal 2025.

Revenue
+5.88%
EPS
+13.1%
Free cash flow
−46.1%
Total debt
−8.27%

Quarter to August 2026, against a year earlier

116.84 2.66 −2.23%
Market cap
$42.5B
P/E
23.6×
Fwd P/E
20.4×
Dividend yield
4.81%
F-score
6/9
Altman Z
2.88
Beneish M
−2.65
Dividend safety
60/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Paychex, Inc. (PAYX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Paychex, Inc. (PAYX) trades at a P/B ratio of 11.4×. Over the past ten years it has ranged from 6.5× (March 2020) to 16.3× (August 2022); the current reading is higher than 48% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 9.8× (28.38%)
FY2025 13.7× 20.66%
FY2024 11.4× 5.21%
FY2023 10.8× (25.20%)
FY2022 14.5× 17.39%
FY2021 12.3× 32.95%
FY2020 9.3× (21.17%)
FY2019 11.8× 17.76%
FY2018 10.0× (8.35%)
FY2017 10.9× 6.54%

Quarterly newest first

Period P/B ratio Change
Aug 2026 12.2× 24.22%
May 2026 9.8× 16.86%
Feb 2026 8.4× (17.73%)
Nov 2025 10.2× (16.96%)
43 more quarters

Against its own ten years

Low 6.5× High 16.3×
Ten-year median 11.5×
Current reading's percentile 43

P/B ratio against peers

Company P/B ratio
MSTR Strategy Inc compare 0.9×
ZM Zoom Communications, Inc. compare 2.3×
ROP Roper Technologies, Inc. compare 2.5×
WDAY Workday, Inc. compare 7.6×
PAYX Paychex, Inc. 11.4×
DDOG Datadog, Inc. compare 13.4×
ADSK Autodesk, Inc. compare 16.7×
BSP Bending Spoons S.p.A. compare 21.5×
TEAM Atlassian Corporation PLC compare 45.2×
Software Application industry median 2.6×
Technology sector median 2.5×
Market median 1.7×

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))

The full definition of P/B ratio →

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