PAYXPaychex
Valuation
What PAYX's price assumes
Paychex trades at 23.2× earnings against 36.7× for the median Software - Application name.
Trailing P/E · Software - Application median 36.7 · 0.63× the Software - Application median
- Price / sales
- 6.31
Price / sales · today's price, trailing year to Aug 31, 2026
- Free cash flow yield
- 4.8%
Free cash flow yield · Software - Application median 5.4%
- Growth the price implies
- +6.1%
Growth the price implies · The price pays for +6.1% free cash flow growth a year for a decade; the business has delivered +2.3% a year over the last three.
Details›
- Price / booktoday's price, trailing year to Aug 31, 2026
- 11.2
- EV / EBITtoday's price, trailing year to Aug 31, 2026
- 17.5
- EV / salestoday's price, trailing year to Aug 31, 2026
- 6.86
- Industrials median P/E429 names
- 24.6
- Software - Application median P/E122 names
- 36.7
- Free cash flow, trailing twelve months
- $2.02B
- Market capitalisation356.0 million shares, counted Aug 31, 2026
- $41.7B
- 3-year revenue growth
- +9.1%
- 3-year free cash flow growth
- +2.3%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Against its own past
Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.
Software, Application
The closest names by size in the same industry