PB Ratio: 11.67

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 11.67 is in line with its 5-year average of 12.70, around the middle of its 5-year range (7.69–16.39).

As of Friday, September 4, 2026. 17.44% above its 12-month average of 9.94.

PAYX PB Ratio Metrics

P/B vs. its own history

At 11.67, P/B is above its 20-year median — higher than 69% of readings in its 20-year history.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Paychex, Inc. (PAYX)?

The P/B ratio for PAYX stock is 11.67.

Is Paychex, Inc.'s P/B ratio high or low?

The P/B ratio of 11.67 is in line with its 5-year average of 12.70, around the middle of its 5-year range (7.69–16.39).

What is the TTM average P/B ratio for Paychex, Inc. (PAYX)?

The TTM average P/B ratio for PAYX stock is 9.94.

What is the 3Y average P/B ratio for Paychex, Inc. (PAYX)?

The 3Y average P/B ratio for PAYX stock is 11.99.

What is the 5Y average P/B ratio for Paychex, Inc. (PAYX)?

The 5Y average P/B ratio for PAYX stock is 12.70.

What is the 10Y average P/B ratio for Paychex, Inc. (PAYX)?

The 10Y average P/B ratio for PAYX stock is 11.99.

What is the 15Y average P/B ratio for Paychex, Inc. (PAYX)?

The 15Y average P/B ratio for PAYX stock is 10.83.

What is the 20Y average P/B ratio for Paychex, Inc. (PAYX)?

The 20Y average P/B ratio for PAYX stock is 10.17.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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