Companies: 10,795·Total market cap: $144.5T
Paychex, Inc.

Paychex, Inc.

PAYXNASDAQIndustrials● Active
$98.90
$-1.63(-1.62%)
Market Cap$35.4B
P/E Ratio
52W High$161.24
52W Low$85.45

Paychex, Inc. (PAYX) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

payx · pe ratio · data through May 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Paychex, Inc. (PAYX) measures how much investors pay for each dollar of the company's trailing earnings. PAYX's current PE ratio of 21.72x is calculated by dividing its stock price of $98.90 by its TTM earnings per share of $4.55. −27.3% discount vs 5Y avg 29.9x

21.72x
P/E Ratio (TTM)27.3%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-05-31

Forward P/E
16.71x
FY2027 est. EPS $5.92
Based on 12 analysts
EPS (TTM)
$4.55
TTM · diluted EPS
PEG Ratio
-3.62
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Paychex, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 29.9x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
26.0x
20-yr mean
Median
25.4x
20-yr midpoint
Minimum
19.2x
Lowest year
Maximum
34.3x
Highest year
21.7x ← Now
19.2x
Min
Q1 · 25%25.4x
Median
Q3 · 75%34.3x
Max
Historically Low

At 21.72x, PAYX's current P/E is lower than in 15% of its annual fiscal year readings over the past 20 years — historically low.

15th percentileHigher than 3 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Staffing & Employment Services · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Paychex, Inc.
Paychex, Inc.You
PAYX
$35.4B21.72x-35.8%$4.55
AMETEK, Inc.
AMETEK, Inc.
AME
$51.8B31.97x-5.5%$6.42
Delta Air Lines, Inc.
Delta Air Lines, Inc.
DAL
$51.4B8.99x-73.4%$7.72
Ferrovial SE
Ferrovial SE
FER
$47.6B45.69x+35.1%$1.20
Ferguson plc
Ferguson plc
FERG
$43.5B23.93x-29.2%$9.33
W.W. Grainger, Inc.
W.W. Grainger, Inc.
GWW
$61.6B28.33x-16.2%$35.62
HEICO Corporation
HEICO Corporation
HEI
$45.1B64.00x+89.3%$4.97
Industry Average
6 peers with valid PE
33.82xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-05-31Latest
FY2025
34.32x$4.60+34.0%
2024-05-31
FY2024
25.61x$4.69+5.5%
2023-05-31
FY2023
24.28x$4.32-24.3%
2022-05-31
FY2022
32.06x$3.86-3.2%
2021-05-31
FY2021
33.12x$3.05+41.0%
2020-05-31
FY2020
23.49x$3.06-21.2%
2019-05-31
FY2019
29.79x$2.88+18.1%
2018-05-31
FY2018
25.21x$2.60-3.3%
2017-05-31
FY2017
26.07x$2.27+0.9%
2016-05-31
FY2016
25.84x$2.10-2.7%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Paychex, Inc. (PAYX) measures how much investors pay for each dollar of the company's trailing earnings. PAYX's current PE ratio of 21.72x is calculated by dividing its stock price of $98.90 by its TTM earnings per share of $4.55.

PE Ratio = Stock Price ÷ EPS (TTM)
= $98.90 ÷ $4.55 = 21.72x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

PAYX pe ratio · 6 questions

PAYX's current PE ratio is 21.72x as of 2026-06-08, based on a stock price of $98.90 and TTM EPS of $4.55. Data sourced from Financial Modeling Prep via PAYX's SEC 10-K and 10-Q filings.

PAYX PE ratioWhat is PAYX PE ratioCurrent PE ratio of PAYXPAYX PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Paychex, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08