• Paycom Software average price/book ratio for 2024 was 6.75, a 40.53% increase from 2023.
• Paycom Software average price/book ratio for 2023 was 11.35, a 33.51% decline from 2022.
• Paycom Software average price/book ratio for 2022 was 17.07, a 40.89% decline from 2021.

Price/book ratio can be defined as