Question 1

What is Paycom Software's P/B ratio?

Accepted Answer

Paycom Software (PAYC) P/B ratio is 8.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Paycom Software?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Paycom Software specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is Paycom Software's P/B ratio high or low?

Accepted Answer

Paycom Software's P/B ratio of 8.7× is below its own 5-year average of 13.2× and above the sector median of 6.0×. That places the current reading at the 48th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Paycom Software's historical P/B ratio range?

Accepted Answer

In the available daily series, Paycom Software (PAYC) P/B ratio has ranged from a low of 3.6× in 2026 to a high of 138.0× in 2013. The 5-year average is 13.2× and the 5-year median is 9.8×.

Question 7

What was Paycom Software's P/B ratio in 2025?

Accepted Answer

Paycom Software (PAYC) P/B ratio at the end of 2025 was 5.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Paycom Software's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$8.75B	$1.73B	5.1×	-2.2×	Dec 31, 2025
2024	$11.46B	$1.58B	7.3×	-1.8×	Dec 31, 2024
2023	$11.83B	$1.30B	9.1×	-6.1×	Dec 31, 2023
2022	$17.96B	$1.18B	15.2×	-11.8×	Dec 31, 2022
2021	$24.08B	$893.71M	26.9×	-12.8×	Dec 31, 2021
2020	$26.07B	$655.64M	39.8×	+10.8×	Dec 31, 2020
2019	$15.27B	$526.63M	29.0×	+8.0×	Dec 31, 2019
2018	$7.04B	$334.75M	21.0×	+4.4×	Dec 31, 2018
2017	$4.67B	$281.25M	16.6×	-5.9×	Dec 31, 2017
2016	$2.62B	$116.53M	22.5×	+0.6×	Dec 31, 2016
2015	$2.15B	$98.31M	21.9×	+4.1×	Dec 31, 2015
2014	$1.32B	$74.14M	17.8×	-120.2×	Dec 31, 2014
2013	$701.68M	$5.09M	138.0×	—	Dec 31, 2013


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P/B Ratio for Paycom Software (PAYC)

P/B Ratio daily chart for Paycom Software (PAYC)

Historical P/B Ratio for Paycom Software (PAYC) from 2013 to 2025

About P/B Ratio at Paycom Software (PAYC)

Paycom Software P/B Ratio by Year

Paycom Software P/B Ratio 2025: 5.1×

Paycom Software P/B Ratio 2024: 7.3×

Paycom Software P/B Ratio 2023: 9.1×

Paycom Software P/B Ratio 2022: 15.2×

Paycom Software P/B Ratio 2021: 26.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Paycom Software (PAYC) Key Financials

P/B Ratio daily chart for Paycom Software (PAYC)

Historical P/B Ratio for Paycom Software (PAYC) from 2013 to 2025

About P/B Ratio at Paycom Software (PAYC)

Paycom Software P/B Ratio by Year

Paycom Software P/B Ratio 2025: 5.1×

Paycom Software P/B Ratio 2024: 7.3×

Paycom Software P/B Ratio 2023: 9.1×

Paycom Software P/B Ratio 2022: 15.2×

Paycom Software P/B Ratio 2021: 26.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Paycom Software's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Paycom Software?

+Is Paycom Software's P/B ratio high or low?

+What is Paycom Software's historical P/B ratio range?

+What was Paycom Software's P/B ratio in 2025?

+Why does Paycom Software's P/B ratio change over time?

Paycom Software (PAYC) Key Financials