Paychex (MEX:PAYX) Price-to-Tangible-Book : 23.34 (As of May. 21, 2025)

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What is Paychex Price-to-Tangible-Book?

As of today (2025-05-21), Paychex's share price is MXN2744.00. Paychex's Tangible Book per Share of Feb. 2025 for the quarter that ended in Feb. 2025 was MXN117.57. Hence, Paychex's Price to Tangible Book Ratio of today is 23.34.

The historical rank and industry rank for Paychex's Price-to-Tangible-Book or its related term are showing as below:

MEX:PAYX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 13.46 Med: 27.41 Max: 81.95
Current: 27.61

During the past 13 years, Paychex's highest Price to Tangible Book Ratio was 81.95. The lowest was 13.46. And the median was 27.41.

MEX:PAYX's Price-to-Tangible-Book is ranked worse than
93.05% of 2129 companies
in the Software industry
Industry Median: 3.67 vs MEX:PAYX: 27.61

A closely related ratio is called PB Ratio. As of today, Paychex's share price is MXN2744.00. Paychex's Book Value per Sharefor the quarter that ended in Feb. 2025 was MXN234.58. Hence, Paychex's P/B Ratio of today is 11.70.

Paychex Price-to-Tangible-Book Historical Data

The historical data trend for Paychex's Price-to-Tangible-Book 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.

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Paychex Price-to-Tangible-Book Chart

Paychex Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Price-to-Tangible-Book

Get a 7-Day Free Trial

41.20

26.25

25.74

Paychex Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Price-to-Tangible-Book	Get a 7-Day Free Trial															26.62	25.74	23.45	25.98	23.34

Competitive Comparison of Paychex's Price-to-Tangible-Book

For the Software - Application subindustry, Paychex's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Paychex's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Paychex's Price-to-Tangible-Book falls into.

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Paychex Price-to-Tangible-Book Calculation

Paychex's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2025 )
	=	2744.00	/	117.571
	=	23.34

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Paychex Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Paychex's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Paychex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paychex Inc (MEX:PAYX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PAYX:USA 0KGE:UK PCX:Germany P1AY34:Brazil PAYX:Austria

Address

911 Panorama Trail South, Rochester, NY, USA, 14625-2396

Website

https://www.paychex.com

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, founded in 1971, services over 745,000 clients and pays 1 in 12 US 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.