PE Ratio of Paychex, Inc. PAYX is 32.40

The price-to-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings (EPS). The price-to-earnings ratio is also sometimes known as the price multiple or the earnings multiple.P/E ratios are used by investors and analysts to determine the relative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time. Generally, a high P/E ratio means that investors are anticipating higher growth in the future.

 

Source: Investopedia

PE Ratio
Jul 18Aug 18Sep 18Oct 18Nov 18Dec 18Jan 19Feb 19Mar 19Apr 19May 19Jun 19
26.5027.0028.2028.5025.0027.0024.2026.9029.0031.6031.9032.40