Paychex (PAYX) fundamentals: P/E, valuation, undervalued?
Paychex · Industrials · ref. ETF XLI · price $106.25
In short — Paychex trades at 21.1× earnings (P/E), 16.6× forward, with a net margin of 27.4 % and revenue growth of +6 %. Read: Fairly valued (P/E 17 in line with ~14% growth (PEG 1.2)).
Is Paychex stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$106.25-17.4% over range
Oct 14, 25low $85.57 · high $128.59Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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Hold
8% recommend buying · 13 analysts
Valuation : Fairly valued — P/E 17 in line with ~14% growth (PEG 1.2)
Valuation
21.1
P/E (price/earnings)
16.6
Forward P/E
1.52
PEG
10.2
Price/book (P/B)
$37.8B
Market cap
5.04
EPS
Profitability & growth
27.4 %
Net margin
+6 %
Revenue growth
+14 %
Earnings growth
$4.6B
Total debt
Paychex income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2023 | $5.0B | $1.6B | 31.1 % |
| 2024 | $5.3B | $1.7B | 32.0 % |
| 2025 | $5.6B | $1.7B | 29.7 % |
| 2026 | $6.5B | $1.8B | 27.0 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Paychex's P/E and is the stock undervalued? What's a good P/E?
Paychex's P/E is 21.1 (forward 16.6). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Fairly valued".
Is Paychex profitable?
Paychex has a net margin of 27.4 % (EPS 5.04). The company is profitable.
Is PAYX stock expensive?
Our read: "Fairly valued" — P/E 17 in line with ~14% growth (PEG 1.2). Cross-check with growth and sector.
💬 A question about Paychex? The JPI assistant answers using our backtest data.