Paylocity HoldingPCTY -1.61%71 Median PS Value is $298.78 as of Jun. 25, 2026, which is 47325% above its 10-year median of 0.63. GuruFocus rates PCTY with a GF Score™ of 71/100 and a GF Value™ of $225.43 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,066 Software companies, Paylocity Holding ranks better than 85.74% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median 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.
The historical rank and industry rank for Paylocity Holding's Median PS Value or its related term are showing as below:
PCTY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.34 Med: 0.63 Max: 0.74
Current: 0.34
During the past 13 years, the highest Price to Median PS Value of Paylocity Holding was 0.74. The lowest was 0.34. And the median was 0.63.
PCTY's Price-to-Median-PS-Value is ranked better than 85.74% of 1066
companies
in the Software industry
Industry Median: 0.81
vs PCTY: 0.34
Paylocity Holding (NAS:PCTY) 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.
Paylocity Holding's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
102.12
/
298.78
=
0.34
* 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.
Paylocity Holding Median PS Value Related Terms
Paylocity Holding Median PS Value Historical Data
* Premium members only.
The historical data trend for Paylocity Holding'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.
PCTY vs PEGA, PAYC, IDCC: Median PS Value Comparison
For the Software - Application subindustry, Paylocity Holding'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.
Paylocity Holding Price-to-Median-PS-Value vs Software Industry
For the Software industry and Technology sector, Paylocity Holding's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Paylocity Holding's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 9.5683.
Paylocity Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.226.
* 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.
Paylocity Holding (PCTY) has a Median PS Value of $298.78 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Paylocity Holding and its competitors. This is 47325% above median its historical median of 0.63. Over the past decade, Paylocity Holding's Median PS Value has ranged from 0.34 to 0.74. According to the industry distribution chart, Paylocity Holding ranks #152 out of 1066 companies in the Software industry, placing it in the top 14.3%.
Is Paylocity Holding's Median PS Value too high?
Paylocity Holding's current Median PS Value of $298.78 is 47325% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.74. The Software industry median Median PS Value is 0.81. Paylocity Holding's value of $298.78 is 36786.4% above this industry median. Based on the distribution chart, Paylocity Holding ranks #152 out of 1066 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Paylocity Holding has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Paylocity Holding's Median PS Value compare to PEGA and PAYC?
According to the Software industry distribution chart, Paylocity Holding ranks #152 out of 1066 companies for Median PS Value. This places Paylocity Holding in the top 14% of its industry — outperforming the majority of peers. The industry median Median PS Value is 0.81. Paylocity Holding's value of $298.78 is 36786.4% above this benchmark. Historically, Paylocity Holding's own Median PS Value has ranged from 0.34 to 0.74 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.81, Paylocity Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Software company?
The median Median PS Value among Software companies is 0.81, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paylocity Holding's current Median PS Value of $298.78 is 36786.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Paylocity Holding and its competitors. For the Software industry, the median Median PS Value is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paylocity Holding's current Median PS Value is $298.78, which is 47325% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paylocity Holding stock overvalued right now?
Based on GuruFocus' analysis, Paylocity Holding (PCTY) is currently considered Possible Value Trap. The stock's GF Value™ is $225.43, compared to a current price of $102.12 — trading 54.7% below its estimated fair value. The current Median PS Value is $298.78, which is 47325% above median its 10-year median of 0.63 and 36786.4% above the Software industry median of 0.81. Paylocity Holding's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Paylocity Holding (PCTY), the current Median PS Value is $298.78 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Paylocity Holding (PCTY) Overvalued in 2026?
Based on GuruFocus' analysis, Paylocity Holding stock appears to be undervalued.
The current stock price of $102.12 is trading 54.7% below its estimated GF Value™ of $225.43.
GuruFocus considers Paylocity Holding to be Possible Value Trap.
Key valuation signals for PCTY:
Median PS Value: $298.78 (47325% above median its 10-year median of 0.63)
GF Value™: $225.43 vs. price of $102.12 (54.7% below fair value)
Industry Position: 36786.4% above the Software median (#152 of 1066)
No single metric tells the full story. See the PCTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paylocity is a cloud-based human capital management provider offering payroll, compliance, and human resources management solutions. With the addition of expense and IT management modules, Paylocity unifies back-office operations spanning HR, finance, and IT on a single platform and bills customers on a subscription basis. The firm's customer base skews toward the midmarket and is primarily based in the US. As of fiscal 2025, Paylocity has nearly 42,000 customers.
71GF Score
Get the complete analysis for PCTY
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