Automatic Data ProcessingBSP:ADPR34 94 PB Ratio is 13.99 as of Jun. 24, 2026, which is 3% below its 10-year median of 14.35. GuruFocus rates BSP:ADPR34 with a GF Score™ of 94/100 and a GF Value™ of R$66.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,624 Software companies, Automatic Data Processing ranks worse than 93.86% on this metric.
The historical rank and industry rank for Automatic Data Processing's PB Ratio or its related term are showing as below:
BSP:ADPR34'
s PB Ratio Range Over the Past 10 Years
Min: 8.8 Med: 14.35 Max: 43.5
Current: 13.91
During the past 13 years, Automatic Data Processing's highest PB Ratio was 43.50. The lowest was 8.80. And the median was 14.35.
BSP:ADPR34's PB Ratio is ranked worse than 93.86% of 2624
companies
in the Software industry
Industry Median: 2.37
vs BSP:ADPR34: 13.91
During the past 12 months, Automatic Data Processing's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 25.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Automatic Data Processing was 25.40% per year. The lowest was -14.60% per year. And the median was 7.10% per year.
Back to Basics: PB Ratio
Automatic Data Processing (BSP:ADPR34) 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
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.
BSP:ADPR34 vs SNOW, DDOG, INTU: PB Ratio Comparison
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 PB Ratio vs 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 (BSP:ADPR34) has a PB Ratio of 13.99 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Automatic Data Processing and its competitors. This is near median its historical median of 14.35. Over the past decade, Automatic Data Processing's PB Ratio has ranged from 8.80 to 43.50. According to the industry distribution chart, Automatic Data Processing ranks #2463 out of 2624 companies in the Software industry, placing it in the top 93.9%.
Is Automatic Data Processing's PB Ratio too high?
Automatic Data Processing's current PB Ratio of 13.99 is near median its 10-year median of 14.35. Over the past 10 years, this metric has ranged from a low of 8.80 to a high of 43.50. The Software industry median PB Ratio is 2.37. Automatic Data Processing's value of 13.99 is 490.3% above this industry median. Based on the distribution chart, Automatic Data Processing ranks #2463 out of 2624 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Automatic Data Processing has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Automatic Data Processing's PB Ratio compare to SNOW and DDOG?
According to the Software industry distribution chart, Automatic Data Processing ranks #2463 out of 2624 companies for PB Ratio. This places Automatic Data Processing in the lower half of its industry. The industry median PB Ratio is 2.37. Automatic Data Processing's value of 13.99 is 490.3% above this benchmark. Historically, Automatic Data Processing's own PB Ratio has ranged from 8.80 to 43.50 over the past decade. While the company's 10-year median is 14.35 vs. the industry median of 2.37, Automatic Data Processing 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 2.37, based on 2,624 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. Automatic Data Processing's current PB Ratio of 13.99 is 490.3% 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 Automatic Data Processing and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automatic Data Processing's current PB Ratio is 13.99, which is near median its own 10-year median of 14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automatic Data Processing stock overvalued right now?
Based on GuruFocus' analysis, Automatic Data Processing (BSP:ADPR34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$66.58, compared to a current price of R$48.31 — trading 27.4% below its estimated fair value. The current PB Ratio is 13.99, which is near median its 10-year median of 14.35 and 490.3% above the Software industry median of 2.37. Automatic Data Processing's overall GF Score™ is 94/100 with 2 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 Automatic Data Processing (BSP:ADPR34), the current PB Ratio is 13.99 as of Jun. 24, 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 Automatic Data Processing (BSP:ADPR34) Overvalued in 2026?
Based on GuruFocus' analysis, Automatic Data Processing stock appears to be undervalued.
The current stock price of R$48.31 is trading 27.4% below its estimated GF Value™ of R$66.58.
GuruFocus considers Automatic Data Processing to be Modestly Undervalued.
Key valuation signals for BSP:ADPR34:
PB Ratio: 13.99 (near median its 10-year median of 14.35)
GF Value™: R$66.58 vs. price of R$48.31 (27.4% below fair value)
Industry Position: 490.3% above the Software median (#2463 of 2624)
No single metric tells the full story. See the BSP:ADPR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Automatic Data Processing, or ADP, is a global, cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing services, including PEO offerings, enabling clients to reduce HR overhead. Its broad suite serves customers of all sizes across diverse sectors, and the firm holds large market shares in its core markets. As of fiscal 2025, ADP counts over 1.1 million clients and manages payroll for more than 42 million workers across 140 countries.
94GF Score
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