Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Paychex's share price for the quarter that ended in Feb. 2023 was $110.4. Paychex's Shares Outstanding (EOP) for the quarter that ended in Feb. 2023 was 361 Mil. Therefore, Paychex's market cap for the quarter that ended in Feb. 2023 was $39,800 Mil.
Paychex's quarterly market cap
increased
from Aug. 2022 ($44,452 Mil) to Nov. 2022 ($44,709 Mil) but then
declined
from Nov. 2022 ($44,709 Mil) to Feb. 2023 ($39,800 Mil).
Paychex's annual market cap
increased
from May. 2020 ($25,934 Mil) to May. 2021 ($36,390 Mil) and
increased
from May. 2021 ($36,390 Mil) to May. 2022 ($44,566 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Paychex's Enterprise Value for Today is $39,060 Mil.
Paychex Market Cap Historical Data
The historical data trend for Paychex's Market Cap 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
Market Cap
23,543.22
30,824.35
25,934.06
36,390.17
44,566.42
Paychex Quarterly Data
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
Market Cap
42,982.68
44,566.42
44,451.86
44,708.72
39,800.19
Competitive Comparison
For the Staffing & Employment Services subindustry, Paychex's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the Business Services industry and Industrials sector, Paychex's Market Cap distribution charts can be found below:
* The bar in red indicates where Paychex's Market Cap falls in comparison to its industry or sector. The grey bar indicates the Market Cap's extreme value range as defined by GuruFocus.
Paychex Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Paychex's Market Cap 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.
Paychex (NAS:PAYX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Paychex Market Cap Related Terms
Thank you for viewing the detailed overview of Paychex's Market Cap 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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