Automatic Data Processing
ADP
#132
Rank
S$163.52 B
Marketcap
$401.33
Share price
0.35%
Change (1 day)
29.49%
Change (1 year)

Automatic Data Processing, Inc., also known as ADPยฎ, is a leading global technology company providing human capital management (HCM) solutions. With over 1.1 million clients, ADP is considered a leading provider of HR services such as talent, time management, benefits and payroll.

P/E ratio for Automatic Data Processing (ADP)

P/E ratio as of November 2024 (TTM): 35.3

According to Automatic Data Processing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.3361. At the end of 2022 the company had a P/E ratio of 31.6.

P/E ratio history for Automatic Data Processing from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.6-16.97%
202138.124.83%
202030.51.91%
201929.9-4.41%
201831.316.69%
201726.8-2.16%
201627.44.82%
201526.1-5.59%
201427.714.79%
201324.140%
201217.2-0.77%
201117.43.45%
201016.821.03%
200913.9-3.2%
200814.3-20.09%
200717.931.78%
200613.6-48.41%
200526.4-4.75%
200427.714.61%
200324.242.06%
200217.0-41.01%
200128.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.0-9.40%๐Ÿ‡บ๐Ÿ‡ธ USA
58.1 64.52%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-58.67%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-55.72%๐Ÿ‡บ๐Ÿ‡ธ USA
32.8-7.29%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
76.5 116.61%๐Ÿ‡บ๐Ÿ‡ธ USA
6.02-82.95%๐Ÿ‡บ๐Ÿ‡ธ USA
121 242.70%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.