• Paycom Software average price/book ratio for 2024 was 6.73, a 40.5% increase from 2023.
• Paycom Software average price/book ratio for 2023 was 11.31, a 33.51% decline from 2022.
• Paycom Software average price/book ratio for 2022 was 17.01, a 40.92% decline from 2021.

Price/book ratio can be defined as