PE Ratio: 23.27

Basis: Latest stored market observation. 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 23.27 is 20% below its 5-year average of 29.15, near the low end of its 5-year range (18.89–38.92).

As of Saturday, July 25, 2026. 5.19% below its 12-month average of 24.54.

PE Ratio (23.27) = Close Price ($113.55) / Diluted TTM EPS ($4.88)

PAYX PE Ratio Metrics

P/E vs. its own history

At 23.3, P/E is cheaper than usual, sitting higher than 27% of 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 23.27.

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

The P/E ratio of 23.27 is 20% below its 5-year average of 29.15, near the low end of its 5-year range (18.89–38.92).

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

The TTM average P/E ratio for PAYX stock is 24.54.

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

The 3Y average P/E ratio for PAYX stock is 27.28.

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

The 5Y average P/E ratio for PAYX stock is 29.16.

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

The 10Y average P/E ratio for PAYX stock is 28.36.

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

The 15Y average P/E ratio for PAYX stock is 26.79.

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

The 20Y average P/E ratio for PAYX stock is 26.18.

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

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