Price to Book Value (P/BV)
since 2014
Paying user area
Try for free
Paycom Software Inc. pages available for free this week:
- Income Statement
- Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Price to FCFE (P/FCFE)
- Net Profit Margin since 2014
- Operating Profit Margin since 2014
- Return on Assets (ROA) since 2014
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Paycom Software Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Paycom Software Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 16, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 17, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 18, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 13, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 14, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 14, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 22, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2015 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Paycom Software Inc. Annual Report.
The financial data reflects notable trends in key market valuation metrics over the examined periods.
- Share Price
- The share price displayed a substantial upward trajectory from US$32.84 in February 2015 to a peak of US$401.55 in February 2021. Following this peak, there was a decline to US$307.45 by February 2023, indicating a notable contraction after a period of significant growth.
- Book Value per Share (BVPS)
- The book value per share consistently increased throughout the period. Starting at US$1.38 in February 2015, it rose steadily to US$20.43 by February 2023, reflecting a sustained growth in the company's net asset value on a per-share basis.
- Price-to-Book Value Ratio (P/BV)
- The P/BV ratio showed considerable variability. Initially at a high of 23.85 in 2015, it decreased to 17.01 by 2016 before escalating sharply to 39.31 in 2018. Post-2018, the ratio generally trended downward, reaching 15.05 by 2023. This decline suggests a reduced market premium over the book value, potentially indicating more conservative investor valuations or realignment with intrinsic value.
Overall, the data presents a scenario of rapid share price appreciation aligned with growing book value per share, followed by a recent decrease in market price that outpaced the growth in book value. The decreasing P/BV ratio towards the end suggests that the stock's valuation became less inflated relative to its book value, potentially signaling increased market caution or corrections in valuation expectations.
Comparison to Industry (Industrials)
Paycom Software Inc., P/BV, long-term trends, comparison to industry (industrials)
| Paycom Software Inc. | Industrials | |
|---|---|---|
| Feb 16, 2023 | ||
| Feb 17, 2022 | ||
| Feb 18, 2021 | ||
| Feb 13, 2020 | ||
| Feb 14, 2019 | ||
| Feb 14, 2018 | ||
| Feb 21, 2017 | ||
| Feb 22, 2016 | ||
| Feb 26, 2015 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).