Paylocity
PCTY
#1281
Rank
$11.63 B
Marketcap
$209.00
Share price
-2.85%
Change (1 day)
-18.45%
Change (1 year)

P/E ratio for Paylocity (PCTY)

P/E ratio as of November 2022 (TTM): 109

According to Paylocity's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 108.854. At the end of 2021 the company had a P/E ratio of 144.

P/E ratio history for Paylocity from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021144-12.58%
202016547.25%
201911287.66%
201859.6-69.66%
2017197-145.83%
2016-429

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.9-76.17%๐Ÿ‡บ๐Ÿ‡ธ USA
37.2-65.86%๐Ÿ‡บ๐Ÿ‡ธ USA
35.6-67.27%๐Ÿ‡บ๐Ÿ‡ธ USA
30.3-72.19%๐Ÿ‡บ๐Ÿ‡ธ USA
75.5-30.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-186-271.07%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡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.