Paychex Price Earnings Ratio from 2010 to 2024

PAYX Stock  USD 145.26  0.80  0.55%   
Paychex Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Paychex Price Earnings Ratio regression line of annual values had r-squared of  0.05 and arithmetic mean of  28.08. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
25.61148131
Current Value
40.47
Quarterly Volatility
6.17000377
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paychex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paychex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.3 M, Interest Expense of 39.2 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 5.7, Dividend Yield of 0.0169 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
Check out the analysis of Paychex Correlation against competitors.
For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.

Latest Paychex's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Paychex over the last few years. It is Paychex's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paychex's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Paychex Price Earnings Ratio Regression Statistics

Arithmetic Mean28.08
Geometric Mean27.51
Coefficient Of Variation21.98
Mean Deviation4.82
Median25.84
Standard Deviation6.17
Sample Variance38.07
Range21.3006
R-Value0.22
Mean Square Error39.06
R-Squared0.05
Significance0.44
Slope0.30
Total Sum of Squares532.97

Paychex Price Earnings Ratio History

2024 40.47
2023 25.61
2022 24.28
2021 32.06
2020 33.12
2019 23.49
2018 29.79

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 25.61  40.47 

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Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.