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Paychex (Paychex) Price-to-Tangible-Book : 25.63 (As of Jul. 21, 2024)


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What is Paychex Price-to-Tangible-Book?

As of today (2024-07-21), Paychex's share price is $122.68. Paychex's Tangible Book per Share of May. 2024 for the quarter that ended in May. 2024 was $4.79. Hence, Paychex's Price to Tangible Book Ratio of today is 25.63.

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

PAYX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 14.98   Med: 25.4   Max: 70.44
Current: 25.61

During the past 13 years, Paychex's highest Price to Tangible Book Ratio was 70.44. The lowest was 14.98. And the median was 25.40.

PAYX's Price-to-Tangible-Book is ranked worse than
96.32% of 870 companies
in the Business Services industry
Industry Median: 2.06 vs PAYX: 25.61

A closely related ratio is called PB Ratio. As of today, Paychex's share price is $122.68. Paychex's Book Value per Sharefor the quarter that ended in May. 2024 was $10.56. Hence, Paychex's P/B Ratio of today is 11.62.


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.

* Premium members only.

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 Premium Member Only Premium Member Only 39.30 42.73 43.31 25.70 25.10

Paychex Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.70 29.26 30.45 26.59 25.10

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

For the Staffing & Employment Services 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 Business Services Industry

For the Business Services industry and Industrials 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.



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: May. 2024 )
=122.68/4.787
=25.63

* 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 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 (Paychex) Business Description

Traded in Other Exchanges
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
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, established in 1979, services over 740,000 clients and pays over 1 in 12 U.S. 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.
Executives
Flaschen David J S director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Christopher C Simmons officer: VP, Controller & Treasurer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Michael E Gioja officer: Sr. Vice President 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Efrain Rivera officer: Sr. Vice President, CFO 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Martin Mucci officer: Sr. Vice President 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Joseph M Velli director
Elizabeth Roaldsen officer: Sr. Vice President 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Karen E. Saunders-mcclendon officer: VP, Chief Human Resources Offi 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Theresa M. Payton director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
John B Gibson officer: Sr. VP, Service CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Mark Anthony Bottini officer: Sr. VP of Sales 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Robert L. Schrader officer: VP/Controller 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Stephanie L Schaeffer officer: Chief Legal Officer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Joseph Doody director CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701

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