CORPAY, INC. (CPAY)

Services-Business Services, NEC

Latest Price

$382.11

TTM P/E

22.88

Normalized P/E

27.82

Div Yield

Book Value

51.97

P/B Ratio

7.35

Valuation metrics

EPS: $15.03

Book value / share: $56.81

Formula: √(22.5 × EPS × BVPS)

Graham Number

$138.61

64% downside

Norm. op. income: $1.4B (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$47.23

88% downside

EPS: $15.03

Target P/E: 28×

Formula: EPS × P/E

P/E Fair Value

$420.84

+10% upside

88.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	6.17M	$1.80B	9.33%	-264.6K	2026-03-31
Orbis Allan Gray Ltd	5.35M	$1.55B	8.08%	+357.5K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	4.43M	$1.29B	6.69%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	2.99M	$870.0M	4.52%	--	2026-03-31
STATE STREET CORP	2.94M	$856.0M	4.45%	+7.8K	2026-03-31
FMR LLC	2.70M	$784.0M	4.08%	+637.0K	2026-03-31
Boston Partners	2.42M	$704.0M	3.66%	+583.9K	2026-03-31
PRICE T ROWE ASSOCIATES INC /MD/	2.25M	$655.0M	3.40%	-342.1K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	1.95M	$564.0M	2.94%	+40.5K	2026-03-31
TIGER GLOBAL MANAGEMENT LLC	1.75M	$509.0M	2.65%	--	2026-03-31