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Paylocity Holding (FRA:0P7) Shiller PE Ratio : 119.63 (As of Jun. 10, 2024)


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What is Paylocity Holding Shiller PE Ratio?

As of today (2024-06-10), Paylocity Holding's current share price is €128.00. Paylocity Holding's E10 for the quarter that ended in Mar. 2024 was €1.07. Paylocity Holding's Shiller PE Ratio for today is 119.63.

The historical rank and industry rank for Paylocity Holding's Shiller PE Ratio or its related term are showing as below:

FRA:0P7' s Shiller PE Ratio Range Over the Past 10 Years
Min: 120.27   Med: 251.86   Max: 434.33
Current: 120.76

During the past years, Paylocity Holding's highest Shiller PE Ratio was 434.33. The lowest was 120.27. And the median was 251.86.

FRA:0P7's Shiller PE Ratio is ranked worse than
89.74% of 926 companies
in the Software industry
Industry Median: 29.435 vs FRA:0P7: 120.76

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Paylocity Holding's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paylocity Holding Shiller PE Ratio Historical Data

The historical data trend for Paylocity Holding's Shiller PE 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.

* Premium members only.

Paylocity Holding Shiller PE Ratio Chart

Paylocity Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 286.88 217.71

Paylocity Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 258.16 217.71 197.81 166.75 148.76

Competitive Comparison of Paylocity Holding's Shiller PE Ratio

For the Software - Application subindustry, Paylocity Holding's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Paylocity Holding's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Paylocity Holding's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Paylocity Holding's Shiller PE Ratio falls into.



Paylocity Holding Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Paylocity Holding's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=128.00/1.07
=119.63

* 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.

Paylocity Holding's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Paylocity Holding's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.38/131.7762*131.7762
=1.380

Current CPI (Mar. 2024) = 131.7762.

Paylocity Holding Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.132 100.560 -0.173
201409 -0.078 100.428 -0.102
201412 -0.105 99.070 -0.140
201503 0.028 99.621 0.037
201506 -0.080 100.684 -0.105
201509 -0.062 100.392 -0.081
201512 -0.018 99.792 -0.024
201603 0.108 100.470 0.142
201606 -0.098 101.688 -0.127
201609 -0.045 101.861 -0.058
201612 -0.028 101.863 -0.036
201703 0.252 102.862 0.323
201706 -0.062 103.349 -0.079
201709 0.008 104.136 0.010
201712 0.008 104.011 0.010
201803 0.576 105.290 0.721
201806 -0.026 106.317 -0.032
201809 0.154 106.507 0.191
201812 0.088 105.998 0.109
201903 0.451 107.251 0.554
201906 0.159 108.070 0.194
201909 0.227 108.329 0.276
201912 0.090 108.420 0.109
202003 0.652 108.902 0.789
202006 0.080 108.767 0.097
202009 0.187 109.815 0.224
202012 0.140 109.897 0.168
202103 0.546 111.754 0.644
202106 0.174 114.631 0.200
202109 0.468 115.734 0.533
202112 0.150 117.630 0.168
202203 0.563 121.301 0.612
202206 0.255 125.017 0.269
202209 0.545 125.227 0.574
202212 0.264 125.222 0.278
202303 0.953 127.348 0.986
202306 0.609 128.729 0.623
202309 0.572 129.860 0.580
202312 0.614 129.419 0.625
202403 1.380 131.776 1.380

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Paylocity Holding  (FRA:0P7) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Paylocity Holding Shiller PE Ratio Related Terms

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Paylocity Holding (FRA:0P7) Business Description

Traded in Other Exchanges
Address
1400 American Lane, Schaumburg, IL, USA, 60173
Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 36,000 clients as of fiscal 2023. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.

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