Paycom SoftwareHAM:0PY +2.60%71 PB Ratio is 8.13 as of Jul. 08, 2026, which is 60% below its 10-year median of 20.35. GuruFocus rates HAM:0PY with a GF Score™ of 71/100 and a GF Value™ of €217.18 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,626 Software companies, Paycom Software ranks worse than 87.7% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-08), Paycom Software's share price is €122.50. Paycom Software's Book Value per Share for the quarter that ended in Mar. 2026 was €15.07. Hence, Paycom Software's PB Ratio of today is 8.13.
Warning Sign:
Paycom Software Inc stock PB Ratio (=8.25) is close to 2-year high of 9.02.
The historical rank and industry rank for Paycom Software's PB Ratio or its related term are showing as below:
HAM:0PY'
s PB Ratio Range Over the Past 10 Years
Min: 3.63 Med: 20.35 Max: 42.1
Current: 8.25
During the past 13 years, Paycom Software's highest PB Ratio was 42.10. The lowest was 3.63. And the median was 20.35.
HAM:0PY's PB Ratio is ranked worse than 87.7% of 2626
companies
in the Software industry
Industry Median: 2.42
vs HAM:0PY: 8.25
During the past 12 months, Paycom Software's average Book Value Per Share Growth Rate was -43.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 34.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Paycom Software was 172.90% per year. The lowest was 15.60% per year. And the median was 32.60% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Paycom Software PB Ratio Related Terms
Paycom Software PB Ratio Historical Data
* Premium members only.
The historical data trend for Paycom Software's PB Ratio 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.
For the Software - Application subindustry, Paycom Software's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Paycom Software PB Ratio vs Software Industry
For the Software industry and Technology sector, Paycom Software's PB Ratio distribution charts can be found below:
* The bar in red indicates where Paycom Software's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Paycom Software's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Paycom Software (HAM:0PY) has a PB Ratio of 8.13 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Paycom Software and its competitors. This is 60% below median its historical median of 20.35. Over the past decade, Paycom Software's PB Ratio has ranged from 3.63 to 42.10. According to the industry distribution chart, Paycom Software ranks #2303 out of 2626 companies in the Software industry, placing it in the top 87.7%.
Is Paycom Software's PB Ratio too high?
Paycom Software's current PB Ratio of 8.13 is 60% below median its 10-year median of 20.35. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 42.10. The Software industry median PB Ratio is 2.42. Paycom Software's value of 8.13 is 236% above this industry median. Based on the distribution chart, Paycom Software ranks #2303 out of 2626 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Paycom Software has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paycom Software's PB Ratio compare to ESTC and CVLT?
According to the Software industry distribution chart, Paycom Software ranks #2303 out of 2626 companies for PB Ratio. This places Paycom Software in the lower half of its industry. The industry median PB Ratio is 2.42. Paycom Software's value of 8.13 is 236% above this benchmark. Historically, Paycom Software's own PB Ratio has ranged from 3.63 to 42.10 over the past decade. While the company's 10-year median is 20.35 vs. the industry median of 2.42, Paycom Software 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 PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.42, based on 2,626 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paycom Software's current PB Ratio of 8.13 is 236% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Paycom Software and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paycom Software's current PB Ratio is 8.13, which is 60% below median its own 10-year median of 20.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paycom Software stock overvalued right now?
Based on GuruFocus' analysis, Paycom Software (HAM:0PY) is currently considered Significantly Undervalued. The stock's GF Value™ is €217.18, compared to a current price of €122.50 — trading 43.6% below its estimated fair value. The current PB Ratio is 8.13, which is 60% below median its 10-year median of 20.35 and 236% above the Software industry median of 2.42. Paycom Software'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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Paycom Software (HAM:0PY), the current PB Ratio is 8.13 as of Jul. 08, 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 Paycom Software (HAM:0PY) Overvalued in 2026?
Based on GuruFocus' analysis, Paycom Software stock appears to be undervalued.
The current stock price of €122.50 is trading 43.6% below its estimated GF Value™ of €217.18.
GuruFocus considers Paycom Software to be Significantly Undervalued.
Key valuation signals for HAM:0PY:
PB Ratio: 8.13 (60% below median its 10-year median of 20.35)
GF Value™: €217.18 vs. price of €122.50 (43.6% below fair value)
Industry Position: 236% above the Software median (#2303 of 2626)
No single metric tells the full story. See the HAM:0PY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1998, Paycom is a human capital management software-as-a-service provider addressing customer requirements surrounding payroll, talent acquisition, talent management, HR management, as well as time and labor. The company services businesses of all sizes within the United States and internationally. The company primarily generates revenue through the sale of subscriptions providing access to its HCM platform. To a lesser extent, the company also generates revenue from implementation services provided to customers as well as interest income generated from customer funds. As of fiscal 2024, the company serviced slightly over 37,500 customers and stored data on over 7 million employees.
71GF Score
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