GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (NAS:PAYX) » Definitions » Median PS Value

PAYX (Paychex) Median PS Value : $114.82 (As of Oct. 27, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Paychex Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Paychex's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was $14.676. Paychex's 10-Year median PS Ratio is 7.8237. Therefore, the Median PS Value for today is $114.82.

As of today (2024-10-27), Paychex's share price is $140.33. Paychex's Median PS Value is $114.82. Therefore, Paychex's Price to Median PS Value for today is 1.22.

The historical rank and industry rank for Paychex's Median PS Value or its related term are showing as below:

PAYX' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.97   Med: 1.18   Max: 1.46
Current: 1.22

During the past 13 years, the highest Price to Median PS Value of Paychex was 1.46. The lowest was 0.97. And the median was 1.18.

PAYX's Price-to-Median-PS-Value is ranked worse than
66.21% of 1021 companies
in the Software industry
Industry Median: 0.96 vs PAYX: 1.22

Paychex Median PS Value Historical Data

The historical data trend for Paychex's Median PS Value 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 Median PS Value Chart

Paychex Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.17 75.33 87.92 100.92 112.46

Paychex Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.71 106.00 108.96 112.46 114.82

Competitive Comparison of Paychex's Median PS Value

For the Software - Application subindustry, Paychex's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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's Price-to-Median-PS-Value Distribution in the Software Industry

For the Software industry and Technology sector, Paychex's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Paychex's Price-to-Median-PS-Value falls into.



Paychex Median PS Value Calculation

Paychex's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=14.676*7.8237
=114.82

10-Year Median PS Ratio is 7.8237.
Paychex's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.676.

* 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.


Paychex  (NAS:PAYX) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Paychex's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=140.33/114.82
=1.22

* 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.


Paychex Median PS Value Related Terms

Thank you for viewing the detailed overview of Paychex's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Paychex Business Description

Traded in Other Exchanges
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
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 745,000 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.
Executives
Joseph Doody director CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Christopher C Simmons officer: VP, Controller & Treasurer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Flaschen David J S director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Mark Anthony Bottini officer: Sr. VP of Sales 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
John B Gibson officer: Sr. VP, Service CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Mucci officer: Sr. Vice President 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Joseph M Velli director
Michael E Gioja officer: Sr. Vice President 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Efrain Rivera officer: Sr. Vice President, CFO 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Elizabeth Roaldsen officer: Sr. Vice President 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Karen E. Saunders-mcclendon officer: VP, Chief Human Resources Offi 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Theresa M. Payton director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Robert L. Schrader officer: VP/Controller 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Stephanie L Schaeffer officer: Chief Legal Officer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625