Paycom
PAYC
#1849
Rank
$8.29 B
Marketcap
$142.78
Share price
1.27%
Change (1 day)
-55.37%
Change (1 year)
Paycom Software, Inc., simply known as Paycom, is an American online payroll and human resource technology provider.

P/E ratio for Paycom (PAYC)

P/E ratio as of June 2024 (TTM): 24.4

According to Paycom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4068. At the end of 2022 the company had a P/E ratio of 64.0.

P/E ratio history for Paycom from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202264.0-47.91%
2021123-32.37%
2020182115.41%
201984.363.89%
201851.4-26.99%
201770.517.73%
201659.9-41.15%
2015102-57.18%
2014238

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
39.8 63.10%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5 12.83%๐Ÿ‡บ๐Ÿ‡ธ USA
-437-1,890.05%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4-0.14%๐Ÿ‡บ๐Ÿ‡ธ USA
53.6 119.41%๐Ÿ‡บ๐Ÿ‡ธ USA
85.7 251.16%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.