Paychex's book value per share for the quarter that ended in Feb. 2023 was $9.43.
During the past 12 months, Paychex's average Book Value Per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Paychex was 92.40% per year. The lowest was -8.80% per year. And the median was 17.20% per year.
Paychex's current price is $112.19. Its book value per share for the quarter that ended in Feb. 2023 was $9.43. Hence, today's PB Ratio of Paychex is 11.89.
During the past 13 years, the highest P/B Ratio of Paychex was 16.16. The lowest was 6.61. And the median was 10.66.
Good Sign:
Paychex Inc stock PB Ratio (=11.81) is close to 2-year low of 11.33
Paychex Book Value per Share Historical Data
The historical data trend for Paychex's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Paychex Annual Data
Trend
May13
May14
May15
May16
May17
May18
May19
May20
May21
May22
Book Value per Share
6.57
7.29
7.75
8.19
8.57
Paychex Quarterly Data
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
Book Value per Share
9.10
8.57
8.71
8.89
9.43
Competitive Comparison
For the Staffing & Employment Services subindustry, Paychex's Book Value per Share, along with its competitors' market caps and Book Value per Share data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Paychex Book Value per Share Distribution
For the Business Services industry and Industrials sector, Paychex's Book Value per Share distribution charts can be found below:
* The bar in red indicates where Paychex's Book Value per Share falls in comparison to its industry or sector. The grey bar indicates the Book Value per Share's extreme value range as defined by GuruFocus.
Paychex Book Value per Share Calculation
Paychex's Book Value Per Share for the fiscal year that ended in May. 2022 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Paychex (NAS:PAYX) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Paychex Book Value per Share Related Terms
Thank you for viewing the detailed overview of Paychex's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 730,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
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