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Paychex (FRA:PCX) 3-Year Book Growth Rate : 7.70% (As of Feb. 2024)


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What is Paychex 3-Year Book Growth Rate?

Paychex's Book Value per Share for the quarter that ended in Feb. 2024 was €9.65.

During the past 12 months, Paychex's average Book Value per Share Growth Rate was 10.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 7.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Paychex was 31.20% per year. The lowest was -8.80% per year. And the median was 16.10% per year.

Competitive Comparison of Paychex's 3-Year Book Growth Rate

For the Staffing & Employment Services subindustry, Paychex's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Paychex's 3-Year Book Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Paychex's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Paychex's 3-Year Book Growth Rate falls into.


Paychex 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Paychex  (FRA:PCX) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Paychex 3-Year Book Growth Rate Related Terms

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Paychex (FRA:PCX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Paychex Inc (FRA:PCX) » Definitions » 3-Year Book Growth Rate
Comparable Companies
BZ RHI TNET NSP MAN KFY KFRC ZIP HRT KELYA ADP XAMS:RAND XSWX:ADEN TSE:2181 TSE:2412 TSE:6028 LSE:HAS LSE:PAGE SHSE:600861 TSE:9744
Traded in Other Exchanges
PAYX:USA
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
Website
https://www.paychex.com
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 740,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.