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Paychex (PAYX, Human Resource & Employment Services) Stock Valuation & Fair Value Trading above fair value

Paychex (PAYX, Human Resource & Employment Services) trades at a blended P/E of 21.9, about 14% below its historical normal valuation, with a forward growth estimate of 7.4% and a PEG of 2.97. Analysts' one-year estimates have been hit 82% of the time.

DATA AS OF 2026-08-21
Blended P/E
21.9
Normal P/E
25.6
PEG
2.97
Fwd growth
7.4%
Div yield
3.9%
RSI (14)
64.3
Neutral

The Street vs SeerForecast

Wall Street's mean price target for PAYX is $111.00 across 14 analysts, 10.8% below the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: trading above fair value. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from fairly valued (2026-06-03) to trading above fair value (2026-08-21).

Price and rating by weekClose moved +25.2 percent from 2026-06-03 to 2026-08-17, with 1 rating change over 21 recorded weeks.2026-06-03: Fairly valued, close 97.44 (recalculated)2026-06-10: Fairly valued, close 100.06 (recalculated)2026-06-14: Fairly valued, close 99.59 (recalculated)2026-06-16: Fairly valued, close 99.25 (recalculated)2026-06-21: Fairly valued, close 97.23 (recalculated)2026-07-02: Fairly valued, close 105.25 (recalculated)2026-07-06: Fairly valued, close 104.30 (recalculated)2026-07-09: Fairly valued, close 105.17 (recalculated)2026-07-12: Fairly valued, close 106.43 (recalculated)2026-07-13: Fairly valued, close 109.61 (recalculated)2026-07-14: Fairly valued, close 108.39 (recalculated)2026-07-20: Fairly valued, close 114.01 (recalculated)2026-07-22: Fairly valued, close 109.60 (recalculated)2026-07-25: Fairly valued, close 112.38 (recalculated)2026-07-27: Fairly valued, close 114.29 (recalculated)2026-07-31: Fairly valued, close 116.84 (recalculated)2026-08-03: Fairly valued, close 116.842026-08-07: Trading above fair value, close 120.04 (recalculated)2026-08-10: Trading above fair value, close 120.042026-08-14: Trading above fair value, close 122.02 (recalculated)2026-08-17: Trading above fair value, close 122.02971222026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 17.4-34%Fairly valued
2026-06-10P/E 18.3-30%Fairly valued
2026-06-14P/E 18.3-30%Fairly valued
2026-06-16P/E 18.3-30%Fairly valued
2026-06-21P/E 18.3-30%Fairly valued
2026-07-02P/E 18.5-28%Fairly valued
2026-07-06P/E 19.2-25%Fairly valued
2026-07-09P/E 19.2-25%Fairly valued
2026-07-12P/E 19.3-24%Fairly valued
2026-07-13P/E 19.3-24%Fairly valued
2026-07-14P/E 19.3-24%Fairly valued
2026-07-20P/E 20.5-20%Fairly valued
2026-07-22P/E 20.5-20%Fairly valued
2026-07-25P/E 20.4-20%Fairly valued
2026-07-27P/E 20.4-20%Fairly valued
2026-07-31P/E 20.8-19%Fairly valued
2026-08-03P/E 20.9-18%Fairly valued
2026-08-07P/E 21.5-16%Trading above fair value
2026-08-10P/E 21.4-16%Trading above fair value
2026-08-14P/E 22.4-12%Trading above fair value
2026-08-17P/E 21.8-15%Trading above fair value
2026-08-21P/E 21.9-14%Trading above fair value ← now

Frequently asked questions

Is Paychex stock overvalued?

At a blended P/E of 21.9 versus its historical normal P/E of 25.6, Paychex trades about 14% below its typical valuation, with a PEG of 2.97 on 7.4% forward growth. tickerseer currently rates it trading above fair value.

What is Paychex's fair value and PEG?

Paychex trades at a blended P/E of 21.9 against a historical normal P/E of 25.6, a PEG of 2.97, and a forward growth estimate of 7.4%.

Has tickerseer's rating of Paychex changed?

tickerseer's rating moved from fairly valued (2026-06-03) to trading above fair value (2026-08-21).

What is the analyst price target for Paychex?

The mean Wall Street price target for Paychex is $111.00 across 14 analysts, 10.8% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Human Resource & Employment Services. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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