Paylocity price to book ratio PCTY

Market value divided by the book value of the company's net assets, since 2014.

Today, Oct 23, 2026: 7.7×
10-year median: 16.2×
Against its 10-year history: 13th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.6× to 34.9×
Peer median: 13.3×

Paylocity's price to book ratio is 7.7× as of Oct 23, 2026.

That is below its ten-year median of 16.2×, lower than on 87% of days in the last ten years.

Over that time it ranged from 4.6× in Jun 2026 to 34.9× in Oct 2021.

The median for 10 infrastructure software stocks of a similar size is 13.3×.

Price to book ratio over time

median 16.2×

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	7.7×	4.6×	7.7×
2025	7.6×	6.3×	10.4×
2024	10.1×	6.8×	10.6×
2023	10.4×	9.1×	18.8×
2022	17.7×	15.6×	24.3×
2021	27.8×	19.5×	34.9×
2020	28.9×	12.0×	30.0×
2019	21.0×	13.8×	21.2×
2018	13.5×	12.4×	21.1×
2017	16.7×	13.6×	18.4×
2016	13.0×	11.7×	20.0×
2015	19.4×	12.7×	21.2×
2014	14.5×	8.8×	16.6×

Against its peers

Companies in Software - Infrastructure nearest Paylocity's size, closest first, today.

Company	Price to book ratio
PCTYPaylocity	7.7×
DBXDropbox	n/m
QLYSQualys	13.3×
APPFAppfolio	14.2×
BSYBentley Systems	10.0×
PATHUiPath	3.8×
PAYCPaycom Software	21.7×
CVLTCommvault Systems	135×
OTEXOpen Text	1.7×
AKAMAkamai Technologies	2.8×
MANHManhattan Associates	88.2×
Peer median	13.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Paylocity

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