Paycom Software, Inc. (PAYC)
Services-Prepackaged Software
Latest Price
$163.96
TTM P/E
18.98
Normalized P/E
24.25
Div Yield
0.23%
Book Value
15.89
P/B Ratio
10.32
Valuation metrics
adjust assumptions →EPS: $8.08
Book value / share: $31.60
Formula: √(22.5 × EPS × BVPS)
Graham Number
$75.79
54% downside
Norm. op. income: $379M (median of 7yr)
Tax rate: 23%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$59.13
64% downside
Base FCF: $292M (median of recent 5yr)
Growth: 18%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$250.47
+53% upside
EPS: $8.08
Target P/E: 24×
Formula: EPS × P/E
P/E Fair Value
$193.92
+18% upside
Institutional Ownership
89.4% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6.04M | $734.0M | 12.96% | +2.11M | 2026-03-31 |
| HARRIS ASSOCIATES L P | 3.26M | $395.0M | 6.99% | +48.0K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.39M | $290.0M | 5.13% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.10M | $255.0M | 4.51% | -- | 2026-03-31 |
| STATE STREET CORP | 1.73M | $209.0M | 3.71% | -438.6K | 2026-03-31 |
| BAILLIE GIFFORD & CO | 1.54M | $186.0M | 3.30% | -101.6K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.32M | $160.0M | 2.84% | -337.8K | 2026-03-31 |
| FMR LLC | 1.20M | $145.0M | 2.57% | -467.8K | 2026-03-31 |
| REINHART PARTNERS, LLC. | 1.02M | $123.0M | 2.18% | +417.4K | 2026-03-31 |
| FIRST TRUST ADVISORS LP | 881.9K | $107.0M | 1.89% | -783.6K | 2026-03-31 |