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Automatic Data Processing ADP

$262.07
−$1.61 (-0.61%)
Market open · Sep 24, 1:10 pm ET
After hours $263.68 0.00%
Open$264.20
Prev close$263.68
Day range$261.31 – $267.87
Volume564.9K
Market cap$104.11B
P/E (TTM)24.0
Dividend yield2.53%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings24.9x
CheapRich

Near the bottom of its 5-year range · 12th percentile, 5-year average 29.6x

#1872 of 2974 stocks by PE (1 = cheapest)

Price / book17.9x
CheapRich

Below its usual level · 24th percentile, 5-year average 22.9x

#5066 of 5302 stocks by PB (1 = cheapest)

Price / sales4.9x
CheapRich

Near the bottom of its 5-year range · 13th percentile, 5-year average 5.5x

#3823 of 5139 stocks by PS (1 = cheapest)

P/E over five years

17x25x32x40xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$263.00
Price vs. fair value-0.4%Close to the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 17.93 22.92 24% (cheaper than usual) #5066 of 5302 (1 = cheapest)
PE 24.88 29.56 12% (cheaper than usual) #1872 of 2974 (1 = cheapest)
PS 4.93 5.53 13% (cheaper than usual) #3823 of 5139 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$263.00
Economic moatNarrow
UncertaintyMedium
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