PCTYPaylocity Holding Corporation

$153.99-6.2% 1Y

Is the price fair?

Excellent

Undemanding: modest expectations priced in, cheap against its own history, and cheap vs its sector.

3 good
What the price assumes~−3% a year

Priced for a decline (~−3% a year). The price demands less than its three-year revenue growth of 15% a year, expectations look modest.

Vs its own P/E rangecheaper than 94% of its own historyderived

Cheap vs its own history: P/E 31.2 vs a 92.3 median over 35 quarters (−66% vs median).

Vs sector (EV/EBIT)13.4×

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)behind 70% of the market
FCF yieldbetter than 82% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What PCTY's price assumes

Paylocity Holding Corporation trades at 31.2× earnings against 33.9× for the median Software - Application name, cheaper than its own group.

31.2

Trailing P/E · Software - Application median 33.9 · cheaper than the typical name in its group

Price / sales
3.04

Price / sales · today's price, trailing year to Jun 30, 2026

Free cash flow yield
9.2%

Free cash flow yield · Software - Application median 6.9%

Growth the price implies
−2.6%

Growth the price implies · The price pays for −2.6% free cash flow growth a year for a decade; the business has delivered +24% a year over the last three.

Details›
Price / booktoday's price, trailing year to Jun 30, 2026
4.40
EV / EBITtoday's price, trailing year to Jun 30, 2026
13.4
EV / salestoday's price, trailing year to Jun 30, 2026
2.93
Technology median P/E459 names
37.7
Software - Application median P/E126 names
33.9
Free cash flow, trailing twelve months
$497M
Market capitalisation
$5.38B
3-year revenue growth
+15%
3-year free cash flow growth
+24%
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, 31.2× today against a 92.3× median
52-week range$95.10 – $168.05
Today$153.99

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