Automatic Data Processing Inc stock PB Ratio (=21.22) is close to 3-year low of 19.85.
The historical rank and industry rank for Automatic Data Processing's PB Ratio or its related term are showing as below:
ADP'
s PB Ratio Range Over the Past 10 Years
Min: 7.39 Med: 13.74 Max: 43.5
Current: 21
During the past 13 years, Automatic Data Processing's highest PB Ratio was 43.50. The lowest was 7.39. And the median was 13.74.
ADP's PB Ratio is ranked worse than 95.47% of 2584
companies
in the Software industry
Industry Median: 2.95
vs ADP: 21.00
During the past 12 months, Automatic Data Processing's average Book Value Per Share Growth Rate was 27.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Automatic Data Processing was 17.80% per year. The lowest was -14.60% per year. And the median was 7.25% per year.
Back to Basics: PB Ratio
Automatic Data Processing PB Ratio Historical Data
* 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 Automatic Data Processing's PB Ratio
For the Software - Application subindustry, Automatic Data Processing'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.
Automatic Data Processing's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Automatic Data Processing's PB Ratio distribution charts can be found below:
* The bar in red indicates where Automatic Data Processing'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.
* 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.
Automatic Data Processing (NAS:ADP) PB Ratio Explanation
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.
Automatic Data Processing PB Ratio Related Terms
Thank you for viewing the detailed overview of Automatic Data Processing's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Automatic Data Processing is a global technology company providing cloud-based human capital management solutions enabling clients to better implement payroll, talent, time, tax, and benefits administration. Additionally, ADP provides human resource outsourcing solutions that allow customers to offload some of their traditional HR tasks. The company operates through two segments: employer services and the professional employer organization services. Employer services consists of the company's HCM products as well as a la carte HRO solutions. PEO services contains ADP's comprehensive HRO solution where it acts as a co-employer with its customer. As of fiscal 2024, ADP serves over 1.1 million clients and pays over 42 million workers across 140 countries.
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