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). Paylocity Holding's share price for the quarter that ended in Mar. 2024 was $171.86. Paylocity Holding's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 56 Mil. Therefore, Paylocity Holding's market cap for the quarter that ended in Mar. 2024 was $9,681 Mil.
Paylocity Holding's quarterly market cap
declined
from Sep. 2023 ($10,206 Mil) to Dec. 2023 ($9,283 Mil) but then
increased
from Dec. 2023 ($9,283 Mil) to Mar. 2024 ($9,681 Mil).
Paylocity Holding's annual market cap
declined
from Jun. 2021 ($10,417 Mil) to Jun. 2022 ($9,626 Mil) but then
increased
from Jun. 2022 ($9,626 Mil) to Jun. 2023 ($10,317 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. Paylocity Holding's Enterprise Value for Today is $8,797 Mil.
Paylocity Holding Market Cap Historical Data
The historical data trend for Paylocity Holding'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.
Competitive Comparison of Paylocity Holding's Market Cap
For the Software - Application subindustry, Paylocity Holding'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.
Paylocity Holding's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Paylocity Holding's Market Cap distribution charts can be found below:
* The bar in red indicates where Paylocity Holding's Market Cap falls into.
Paylocity Holding 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.
Paylocity Holding's Market Cap for the fiscal year that ended in Jun. 2023 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.
Paylocity Holding (NAS:PCTY) 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.
Paylocity Holding Market Cap Related Terms
Thank you for viewing the detailed overview of Paylocity Holding's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Paylocity Holding (Paylocity Holding) Business Description
Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 36,000 clients as of fiscal 2023. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.
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