PAYX

Stock

Paychex, Inc.

Rare

Rare — pay attention.

Paychex, Inc. is 32.3% off its high, 396 days in — deeper than the vast majority of its 292 recorded drawdowns. This is the kind of decline the severity score exists to flag.

Price $106.26 · as of Jul 9, 2026All-time high $157.06Drawdown -32.3%Severity Score™ 6.4
🔴

Strong

Current Drawdown

-32.3%

Days in Drawdown

396

Avg Max Drawdown

5.1%

Avg Length

47

Drawdown Severity Score™

6.4

PAYX - Price & High Water Mark

PAYX - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within PAYX's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

6.0xBelow Typical · 27th percentile
Low: 3.5xMedian: 6.9xHigh: 11.5x

20 years of daily history

48.3% below its highest Price to Sales reading · 4.9x typical multiple drawdown · high date December 29, 2021

Price to Sales history

EV to EBITDA

14.3xTypical Range · 33rd percentile
Low: 7.5xMedian: 16.0xHigh: 26.5x

20 years of daily history

46.0% below its highest EV to EBITDA reading · 4.9x typical multiple drawdown · high date December 29, 2021

EV to EBITDA history · log scale

How we measure valuation

Paychex, Inc. (PAYX) Analysis: Current Drawdown Insights

Paychex, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $106.26, which represents a 32.3% decline from its all-time high of $157.06. This drawdown has persisted for 396 days.

Based on its full tracked price history, Paychex, Inc. typically experiences drawdowns averaging 5.1% in depth, with an average duration of 47 days. Paychex, Inc. has gone through 292 total drawdown events in its tracked history. The largest drawdown on record for Paychex, Inc. was 64.9%, beginning in 2000. The longest drawdown duration on record was 4716 days.

The Drawdown Severity Score™ for Paychex, Inc. currently stands at 6.41. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Paychex, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 292 tracked pullbacks (67 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2025-06-08Ongoing396 days-32.3%$157.06$106.26n/a
2025-06-052025-06-062 days-0.0%$156.62$156.60$157.06
2025-05-282025-06-048 days-1.2%$156.26$154.32$156.62
2025-05-202025-05-278 days-1.3%$155.50$153.43$156.26
2025-04-032025-05-1543 days-11.6%$151.22$133.72$151.80
2025-03-112025-04-0122 days-7.4%$150.81$139.58$150.88
2025-03-042025-03-074 days-2.3%$149.68$146.29$149.79
2025-02-262025-02-283 days-1.5%$147.37$145.19$148.03
2025-02-212025-02-255 days-1.2%$146.65$144.94$147.37
2025-02-062025-02-1914 days-2.5%$146.28$142.59$146.43
2024-11-122025-02-0485 days-8.7%$144.21$131.73$144.96
2024-11-072024-11-082 days-0.7%$143.12$142.10$144.05
2024-10-152024-11-0623 days-2.3%$137.11$133.97$143.12
2024-10-022024-10-1413 days-2.4%$135.61$132.38$137.11
2024-09-172024-10-0115 days-2.0%$130.21$127.59$135.61
2024-09-112024-09-122 days-0.8%$129.18$128.10$129.25
2024-09-052024-09-095 days-2.0%$127.18$124.62$127.35
2022-04-072024-09-03881 days-23.4%$126.47$96.87$127.07
2022-04-052022-04-062 days-0.0%$124.75$124.70$126.47
2022-03-312022-04-012 days-0.3%$122.58$122.21$124.36
2021-12-302022-03-3090 days-18.8%$122.29$99.35$122.58
2021-11-182021-12-2134 days-6.4%$112.03$104.86$112.55
2021-11-082021-11-169 days-1.3%$110.94$109.47$111.32
2021-11-012021-11-022 days-1.4%$109.74$108.25$109.88
2021-10-252021-10-295 days-1.0%$109.59$108.45$109.74
2021-10-112021-10-144 days-1.1%$105.07$103.89$105.14
2021-08-172021-10-0752 days-9.7%$104.65$94.50$105.05
2021-08-122021-08-132 days-0.2%$103.38$103.16$103.75
2021-08-092021-08-102 days-0.2%$102.19$101.98$102.59
2021-08-042021-08-052 days-0.5%$101.65$101.17$102.09
2021-08-022021-08-032 days-0.5%$100.78$100.27$101.65
2021-07-282021-07-292 days-0.4%$99.67$99.27$100.03
2021-07-162021-07-2611 days-2.9%$99.18$96.31$99.19
2021-07-122021-07-143 days-0.2%$98.50$98.27$98.88
2021-07-062021-07-072 days-0.1%$95.71$95.57$96.66
2021-06-302021-07-012 days-0.2%$94.67$94.45$95.48
2021-06-142021-06-2512 days-2.8%$92.43$89.81$92.97
2021-06-072021-06-082 days-0.8%$90.28$89.57$90.70
2021-05-252021-06-0411 days-1.3%$89.69$88.55$90.28
2021-05-072021-05-2418 days-4.5%$88.84$84.81$89.69
2021-03-292021-05-0639 days-6.0%$88.17$82.91$88.84
2021-03-172021-03-259 days-2.2%$85.74$83.81$85.97
2020-12-212021-03-1584 days-10.4%$84.17$75.44$85.48
2020-12-072020-12-1610 days-3.3%$82.04$79.31$82.04
2020-11-252020-12-0410 days-1.0%$81.40$80.61$82.04
2020-11-172020-11-248 days-2.7%$80.88$78.71$81.40
2020-11-122020-11-132 days-1.3%$79.50$78.50$79.78
2020-02-212020-11-06260 days-44.2%$76.33$42.63$76.44
2020-01-232020-02-1423 days-3.7%$75.31$72.56$75.47
2019-06-112020-01-14218 days-8.5%$72.68$66.47$72.76
2019-05-232019-06-0716 days-3.1%$72.14$69.89$72.52
2018-09-242019-02-08138 days-17.4%$60.81$50.25$61.02
2015-03-232015-10-22214 days-15.4%$37.23$31.48$37.84
2000-11-222013-10-214716 days-64.9%$28.79$10.12$28.97
2000-04-262000-06-0137 days-19.7%$17.71$14.21$19.24
1999-04-281999-10-07163 days-30.7%$11.44$7.93$11.47
1998-11-241999-04-26153 days-28.6%$11.43$8.16$11.44
1998-10-011998-11-1041 days-18.8%$10.87$8.83$11.00
1996-10-141997-11-20403 days-38.4%$5.80$3.57$6.21
1996-07-021996-08-2252 days-16.7%$4.76$3.97$4.87
1994-02-161994-12-30318 days-28.4%$1.62$1.16$1.64
1993-04-161993-08-02109 days-15.6%$1.15$0.97$1.16
1992-11-131993-03-02110 days-15.9%$1.05$0.88$1.05
1992-02-061992-08-26202 days-19.8%$0.72$0.58$0.74
1989-06-081991-09-19834 days-54.7%$0.46$0.21$0.48
1987-10-061989-01-27480 days-41.5%$0.35$0.21$0.35
1987-03-131987-08-06146 days-16.1%$0.32$0.27$0.32
1986-07-071986-12-04151 days-23.2%$0.28$0.22$0.29

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Paychex, Inc. (PAYX) is trading at $106.26 as of Jul 9, 2026. It is 32.3% below its high of $157.06. The drawdown has lasted 396 days. Severity score: 6.4 (Strong).

PAYX Price History and Drawdown Data

Latest price

$106.26

High-water mark

$157.06

Current drawdown

-32.3%

Days in drawdown

396

This PAYX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Paychex, Inc. drawdowns.

What History Says About PAYX

Paychex, Inc. has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 836 days with an average max drop of -37.8%.

The current drawdown of -32.3% has lasted 396 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Nov 2000 to Oct 2013-64.9%4716 days
Jun 1989 to Sep 1991-54.7%834 days
Feb 2020 to Nov 2020-44.2%260 days
Oct 1987 to Jan 1989-41.5%480 days
Oct 1996 to Nov 1997-38.4%403 days
Apr 1999 to Oct 1999-30.7%163 days

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