P/E Ratio and Net Profit Margin are now 19.4x & 49.45% respectively
ADP's is 26.9x & 22.55%
Paychex is 25.8x & 34.64%
Paylocity is 42.3x & 21.26%
Paycom's profit margin is still absurdly higher than its competitors and yet valued way worse against earnings than competitors.
I never understood $500 stock price and I didn't understand even $200 stock price back in 2019, but the idea of a company this profitable being cheapest in its market segment is mind blowing.
In other news Oklahoma lost a Billionaire today (at least in terms of stock valuation...probably can make up the rest of that in personal assets)
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