PCTYPaylocity Holding Corporation

$151.99

Is the price fair?

What PCTY's price assumes

Paylocity Holding Corporation trades at 32.3× earnings against 32.3× for the median Software - Application name, cheaper than its own group.

32.3

Trailing P/E · Software - Application median 32.3 · cheaper than the typical name in its group

Price / sales
3.39

Price / sales · as of 2026-Q1

Free cash flow yield
9.0%

Free cash flow yield · Software - Application median 6.7%

Growth the price implies
−2.2%

Growth the price implies · The price pays for −2.2% free cash flow growth a year for a decade; the business has delivered +26% a year over the last three.

Details
Price / book2026-Q1
4.97
EV / EBIT2026-Q1
15.3
EV / sales2026-Q1
3.27
Technology median P/E376 names
37.0
Software - Application median P/E93 names
32.3
Free cash flow, trailing twelve months
$487M
Market capitalisation
$5.41B
3-year revenue growth
+16%
3-year free cash flow growth
+26%
PCTY has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 35.9× today against a 98.0× median
52-week range$95.10 – $182.31
Today$151.99

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.