Is Paychex (PAYX) overvalued or fairly valued?

MarketChacha shows Paychex's valuation in context — a forward P/E of about 17.4, a price-to-book of about 10.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of Paychex (PAYX)?

Paychex last traded at $110.94 (-0.9% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Paychex

PAYX · NASDAQ · Industrials · United States

$110.94-0.9%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 5:40 PM

Snapshot

TickerPAYX

ExchangeNASDAQ

SectorIndustrials

IndustrySoftware - Application

CountryUnited States

Employees17,600

HeadquartersRochester, United States

Market cap$39.5B

P/B10.6

Volume1.04M

Websitewww.paychex.com

Filings tracked0

About Paychex

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services. The company also provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services. In addition, it offers payroll solutions, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. Further, the company provides workforce management solutions; benefits administration solutions; digital marketplace for earned wages, financial wellness solutions, and voluntary lifestyle benefits; administrative services organization HR outsourcing solutions; solutions to payroll and non-payroll customers; retirement and funding solutions; and insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. Additionally, it offers payroll, HR, employee benefits administration, retirement, insurance, risk management outsourcing, and access to professionally trained HR representatives, virtually and on-site. It markets and sells its solutions primarily through its direct sales force. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.

Profile as reported by Yahoo Finance.

Who owns it

Insiders10.4%
Institutions87.9%
Public & other1.8%

1,968 institutional holders

As reported by Yahoo Finance.

Top holders

Capital International Investors8.42%
Blackrock Inc.7.99%
Vanguard Capital Management LLC5.89%
Vanguard Portfolio Management LLC4.29%
State Street Corporation3.95%
Invesco Ltd.3.59%
Geode Capital Management, LLC2.89%
Charles Schwab Investment Management, Inc.2.64%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

What's expected next

Next quarter

Rev $1.6B · EPS 1.36

Est. earnings growth +8.2%

Next fiscal year

Rev $7.2B · EPS 6.39

Est. earnings growth +6.8%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$85.4552-wk range$148.11

Delayed · as reported by Yahoo Finance

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Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.