The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-28), Paycom Software's share price is $188.89. Paycom Software's Book Value per Share for the quarter that ended in Dec. 2023 was $23.05. Hence, Paycom Software's PB Ratio of today is 8.19.
The historical rank and industry rank for Paycom Software's PB Ratio or its related term are showing as below:
PAYC'
s PB Ratio Range Over the Past 10 Years
Min: 6.46 Med: 22.78 Max: 136.55
Current: 8.19
During the past 13 years, Paycom Software's highest PB Ratio was 136.55. The lowest was 6.46. And the median was 22.78.
PAYC's PB Ratio is ranked worse than 84.57% of 2580
companies
in the Software industry
Industry Median: 2.62
vs PAYC: 8.19
During the past 12 months, Paycom Software's average Book Value Per Share Growth Rate was 12.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 31.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 55.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Paycom Software was 172.90% per year. The lowest was 15.10% per year. And the median was 38.10% per year.
Back to Basics: PB Ratio
Paycom Software PB Ratio Historical Data
The historical data trend for Paycom Software's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Paycom Software's PB Ratio
For the Software - Application subindustry, Paycom Software's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Paycom Software's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Paycom Software's PB Ratio distribution charts can be found below:
* The bar in red indicates where Paycom Software's PB Ratio falls into.
Paycom Software PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Paycom Software's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Paycom Software PB Ratio Related Terms
Thank you for viewing the detailed overview of Paycom Software's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Paycom Software (Paycom Software) Business Description
Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PAYC has been successfully added to your 