Paychex PE ratio PAYX

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 23.4×
10-year median: 28.4×
Against its 10-year history: 7th; percentile: 0 is its lowest day, 100 its highest
10-year range: 17.4× to 38.7×
Peer median: 36.6×

Paychex's PE ratio is 23.4× as of Oct 23, 2026: a share price of $118.04 against $5.04 of earnings per share over the last twelve months.

That is below its ten-year median of 28.4×, lower than on 93% of days in the last ten years.

Over that time it ranged from 17.4× in Mar 2020 to 38.7× in Dec 2021.

The median for 10 industrial stocks of a similar size is 36.6×.

PE ratio over time

median 28.4×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	23.4×	18.8×	26.0×
2025	25.9×	25.0×	33.3×
2024	29.7×	25.3×	31.7×
2023	26.5×	24.8×	29.7×
2022	28.5×	27.5×	37.1×
2021	38.7×	29.6×	38.7×
2020	31.8×	17.4×	33.4×
2019	28.5×	24.8×	30.7×
2018	24.2×	24.2×	30.0×
2017	29.2×	24.0×	30.5×
2016	28.3×	23.4×	30.1×
2015	26.4×	24.1×	29.0×
2014	26.5×	24.0×	28.1×
2013	28.3×	20.6×	28.3×
2012	20.1×	19.5×	22.9×
2011	20.2×	17.9×	24.7×
2010	22.7×	18.9×	23.1×

Against its peers

Companies in Industrials nearest Paychex's size, closest first, today.

Company	PE ratio
PAYXPaychex	23.4×
HEIHEICO	49.5×
FIXComfort Systems USA	28.6×
FERGFerguson	n/m
WABWestinghouse Air Brake Technologies	36.6×
CARRCarrier Global	39.1×
ODFLOld Dominion Freight Line	35.2×
WCNWaste Connections	45.0×
LHXL3Harris Technologies	25.6×
ROKRockwell Automation	39.9×
DALDelta Air Lines	15.3×
Peer median	36.6×

Where Paychex ranks

#6of 10Staffing and Employment Services stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Paychex

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.