PE Ratio: 24.17

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 24.17 is 16% below its 5-year average of 28.78, near the low end of its 5-year range (18.89–39.59).

As of 2026-09-16T14:55:45.441Z. 1.63% above its 12-month average of 23.78.

PE Ratio (24.17) = Close Price ($117.96) / Diluted TTM EPS ($4.88)

PAYX PE Ratio Metrics

P/E vs. its own history

At 24.2, P/E is below its 20-year median — higher than 32% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

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

The P/E ratio for PAYX stock is 24.17.

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

The P/E ratio of 24.17 is 16% below its 5-year average of 28.78, near the low end of its 5-year range (18.89–39.59).

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

The TTM average P/E ratio for PAYX stock is 23.78.

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

The 3Y average P/E ratio for PAYX stock is 27.09.

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

The 5Y average P/E ratio for PAYX stock is 28.78.

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

The 10Y average P/E ratio for PAYX stock is 28.31.

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

The 15Y average P/E ratio for PAYX stock is 26.82.

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

The 20Y average P/E ratio for PAYX stock is 26.15.

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

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