PAYX
StockPaychex, Inc.
One email when a drop — in price or in valuation — is historically rare for PAYX. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
Paychex, Inc. is 20.7% off its high — deeper than its 5.1% average pullback, but it has been through 292 drawdowns before. Not historically significant yet — we'll say so if that changes.
But down is not the same as cheap: Paychex, Inc.'s P/S Severity Score is 1.2 — its valuation sits in or above its typical range.
Significant
Current Drawdown
-20.7%
Days in Drawdown
427
Avg Max Drawdown
5.1%
Avg Length
47
Drawdown Severity Score™
4.1
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 August 21, 2026 · updated daily
Where today's valuation sits within PAYX's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Paychex, Inc. has been cheaper on this measure only about 47% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
Paychex, Inc. has been cheaper on this measure only about 51% of the time in 20 years of daily history.
EV to EBITDA history · log scale
Paychex, Inc. (PAYX) Analysis: Current Drawdown Insights
Paychex, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $124.47, which represents a 20.7% decline from its all-time high of $157.06. This drawdown has persisted for 427 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 4.11. 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 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.
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 Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2025-06-20 | Ongoing | 427 days | -20.7% | $157.06 | $124.47 | n/a |
| 2025-06-05 | 2025-06-06 | 2 days | -0.0% | $156.62 | $156.60 | $157.06 |
| 2025-05-28 | 2025-06-04 | 8 days | -1.2% | $156.26 | $154.32 | $156.62 |
| 2025-05-20 | 2025-05-27 | 8 days | -1.3% | $155.50 | $153.43 | $156.26 |
| 2025-04-03 | 2025-05-15 | 43 days | -11.6% | $151.22 | $133.72 | $151.80 |
| 2025-03-11 | 2025-04-01 | 22 days | -7.4% | $150.81 | $139.58 | $150.88 |
| 2025-03-04 | 2025-03-07 | 4 days | -2.3% | $149.68 | $146.29 | $149.79 |
| 2025-02-26 | 2025-02-28 | 3 days | -1.5% | $147.37 | $145.19 | $148.03 |
| 2025-02-21 | 2025-02-25 | 5 days | -1.2% | $146.65 | $144.94 | $147.37 |
| 2025-02-06 | 2025-02-19 | 14 days | -2.5% | $146.28 | $142.59 | $146.43 |
| 2024-11-12 | 2025-02-04 | 85 days | -8.7% | $144.21 | $131.73 | $144.96 |
| 2024-11-07 | 2024-11-08 | 2 days | -0.7% | $143.12 | $142.10 | $144.05 |
| 2024-10-15 | 2024-11-06 | 23 days | -2.3% | $137.11 | $133.97 | $143.12 |
| 2024-10-02 | 2024-10-14 | 13 days | -2.4% | $135.61 | $132.38 | $137.11 |
| 2024-09-17 | 2024-10-01 | 15 days | -2.0% | $130.21 | $127.59 | $135.61 |
| 2024-09-11 | 2024-09-12 | 2 days | -0.8% | $129.18 | $128.10 | $129.25 |
| 2024-09-05 | 2024-09-09 | 5 days | -2.0% | $127.18 | $124.62 | $127.35 |
| 2022-04-07 | 2024-09-03 | 881 days | -23.4% | $126.47 | $96.87 | $127.07 |
| 2022-04-05 | 2022-04-06 | 2 days | -0.0% | $124.75 | $124.70 | $126.47 |
| 2022-03-31 | 2022-04-01 | 2 days | -0.3% | $122.58 | $122.21 | $124.36 |
| 2021-12-30 | 2022-03-30 | 90 days | -18.8% | $122.29 | $99.35 | $122.58 |
| 2021-11-18 | 2021-12-21 | 34 days | -6.4% | $112.03 | $104.86 | $112.55 |
| 2021-11-08 | 2021-11-16 | 9 days | -1.3% | $110.94 | $109.47 | $111.32 |
| 2021-11-01 | 2021-11-02 | 2 days | -1.4% | $109.74 | $108.25 | $109.88 |
| 2021-10-25 | 2021-10-29 | 5 days | -1.0% | $109.59 | $108.45 | $109.74 |
| 2021-10-11 | 2021-10-14 | 4 days | -1.1% | $105.07 | $103.89 | $105.14 |
| 2021-08-17 | 2021-10-07 | 52 days | -9.7% | $104.65 | $94.50 | $105.05 |
| 2021-08-12 | 2021-08-13 | 2 days | -0.2% | $103.38 | $103.16 | $103.75 |
| 2021-08-09 | 2021-08-10 | 2 days | -0.2% | $102.19 | $101.98 | $102.59 |
| 2021-08-04 | 2021-08-05 | 2 days | -0.5% | $101.65 | $101.17 | $102.09 |
| 2021-08-02 | 2021-08-03 | 2 days | -0.5% | $100.78 | $100.27 | $101.65 |
| 2021-07-28 | 2021-07-29 | 2 days | -0.4% | $99.67 | $99.27 | $100.03 |
| 2021-07-16 | 2021-07-26 | 11 days | -2.9% | $99.18 | $96.31 | $99.19 |
| 2021-07-12 | 2021-07-14 | 3 days | -0.2% | $98.50 | $98.27 | $98.88 |
| 2021-07-06 | 2021-07-07 | 2 days | -0.1% | $95.71 | $95.57 | $96.66 |
| 2021-06-30 | 2021-07-01 | 2 days | -0.2% | $94.67 | $94.45 | $95.48 |
| 2021-06-14 | 2021-06-25 | 12 days | -2.8% | $92.43 | $89.81 | $92.97 |
| 2021-06-07 | 2021-06-08 | 2 days | -0.8% | $90.28 | $89.57 | $90.70 |
| 2021-05-25 | 2021-06-04 | 11 days | -1.3% | $89.69 | $88.55 | $90.28 |
| 2021-05-07 | 2021-05-24 | 18 days | -4.5% | $88.84 | $84.81 | $89.69 |
| 2021-03-29 | 2021-05-06 | 39 days | -6.0% | $88.17 | $82.91 | $88.84 |
| 2021-03-17 | 2021-03-25 | 9 days | -2.2% | $85.74 | $83.81 | $85.97 |
| 2020-12-21 | 2021-03-15 | 84 days | -10.4% | $84.17 | $75.44 | $85.48 |
| 2020-12-07 | 2020-12-16 | 10 days | -3.3% | $82.04 | $79.31 | $82.04 |
| 2020-11-25 | 2020-12-04 | 10 days | -1.0% | $81.40 | $80.61 | $82.04 |
| 2020-11-17 | 2020-11-24 | 8 days | -2.7% | $80.88 | $78.71 | $81.40 |
| 2020-11-12 | 2020-11-13 | 2 days | -1.3% | $79.50 | $78.50 | $79.78 |
| 2020-02-21 | 2020-11-06 | 260 days | -44.2% | $76.33 | $42.63 | $76.44 |
| 2020-01-23 | 2020-02-14 | 23 days | -3.7% | $75.31 | $72.56 | $75.47 |
| 2019-06-11 | 2020-01-14 | 218 days | -8.5% | $72.68 | $66.47 | $72.76 |
| 2019-05-23 | 2019-06-07 | 16 days | -3.1% | $72.14 | $69.89 | $72.52 |
| 2018-09-24 | 2019-02-08 | 138 days | -17.4% | $60.81 | $50.25 | $61.02 |
| 2015-03-23 | 2015-10-22 | 214 days | -15.4% | $37.23 | $31.48 | $37.84 |
| 2000-11-22 | 2013-10-21 | 4716 days | -64.9% | $28.79 | $10.12 | $28.97 |
| 2000-04-26 | 2000-06-01 | 37 days | -19.7% | $17.71 | $14.21 | $19.24 |
| 1999-04-28 | 1999-10-07 | 163 days | -30.7% | $11.44 | $7.93 | $11.47 |
| 1998-11-24 | 1999-04-26 | 153 days | -28.6% | $11.43 | $8.16 | $11.44 |
| 1998-10-01 | 1998-11-10 | 41 days | -18.8% | $10.87 | $8.83 | $11.00 |
| 1996-10-14 | 1997-11-20 | 403 days | -38.4% | $5.80 | $3.57 | $6.21 |
| 1996-07-02 | 1996-08-22 | 52 days | -16.7% | $4.76 | $3.97 | $4.87 |
| 1994-02-16 | 1994-12-30 | 318 days | -28.4% | $1.62 | $1.16 | $1.64 |
| 1993-04-16 | 1993-08-02 | 109 days | -15.6% | $1.15 | $0.97 | $1.16 |
| 1992-11-13 | 1993-03-02 | 110 days | -15.9% | $1.05 | $0.88 | $1.05 |
| 1992-02-06 | 1992-08-26 | 202 days | -19.8% | $0.72 | $0.58 | $0.74 |
| 1989-06-08 | 1991-09-19 | 834 days | -54.7% | $0.46 | $0.21 | $0.48 |
| 1987-10-06 | 1989-01-27 | 480 days | -41.5% | $0.35 | $0.21 | $0.35 |
| 1987-03-13 | 1987-08-06 | 146 days | -16.1% | $0.32 | $0.27 | $0.32 |
| 1986-07-07 | 1986-12-04 | 151 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 $124.47 as of Aug 21, 2026. It is 20.7% below its high of $157.06. The drawdown has lasted 427 days. Severity score: 4.1 (Significant).
PAYX Price History and Drawdown Data
Latest price
$124.47
High-water mark
$157.06
Current drawdown
-20.7%
Days in drawdown
427
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 -20.7% has lasted 427 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| 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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