Paychex, Inc. PAYX

101.37 (0.22) (0.22%) as of 25 Sep
Market cap
$36.0B
P/E
20.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Paychex, Inc. (PAYX) P/E ratio

As of 25 September 2026, Paychex, Inc. (PAYX) trades at a P/E ratio of 20.1×. Over the past ten years it has ranged from 16.3× (March 2020) to 38.8× (August 2021); the current reading is higher than 1% of that period. That is below the Software Application industry median of 24.8× and below the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2026 20.9× (39.07%)
FY2025 34.2× 33.92%
FY2024 25.6× 5.26%
FY2023 24.3× (24.29%)
FY2022 32.1× (3.11%)
FY2021 33.1× 41.28%
FY2020 23.4× (21.32%)
FY2019 29.8× 31.38%
FY2018 22.7× (13.48%)
FY2017 26.2× 1.02%

Quarterly

Period P/E ratio Change
Aug 2026 25.2× 20.92%
May 2026 20.9× 0.72%
Feb 2026 20.7× (16.99%)
Nov 2025 25.0× (17.78%)
43 more quarters

Against its own ten years

Low 16.3× High 38.8×
Ten-year median 27.3×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
MSTR Strategy Inc compare n/m
TEAM Atlassian Corporation PLC compare n/m
ZM Zoom Communications, Inc. compare 8.1×
ROP Roper Technologies, Inc. compare 14.8×
PAYX Paychex, Inc. 20.1×
SSNC SS&C Technologies Holdings, Inc. compare 21.9×
FICO Fair Isaac Corporation compare 24.8×
ADSK Autodesk, Inc. compare 26.9×
WDAY Workday, Inc. compare 38.2×
Software Application industry median 24.8×
Technology sector median 29.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on PAYX