Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
P/B ratio for Automatic Data Processing, Inc. (ADP)
P/B ratio as of 2024: 21.28
According to Automatic Data Processing, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 21.28. At the end of 2023 the company had a P/B ratio of 25.91.
P/B ratio history for Automatic Data Processing, Inc. from 1986 to 2024
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2024 | 21.28 |
| 2023 | 25.91 |
| 2022 | 27.27 |
| 2021 | 14.93 |
| 2020 | 11.15 |
| 2019 | 13.40 |
| 2018 | 17.08 |
| 2017 | 11.54 |
| 2016 | 9.37 |
| 2015 | 7.89 |
| 2014 | 4.99 |
| 2013 | 4.75 |
| 2012 | 3.89 |
| 2011 | 3.79 |
| 2010 | 3.23 |
| 2009 | 2.94 |
| 2008 | 3.77 |
| 2007 | 4.54 |
| 2006 | 3.42 |
| 2005 | 3.33 |
| 2004 | 3.60 |
| 2003 | 2.98 |
| 2002 | 4.02 |
| 2001 | 5.24 |
| 2000 | 5.77 |
| 1999 | 5.33 |
| 1998 | 5.06 |
| 1997 | 4.08 |
| 1996 | 3.81 |
| 1995 | 3.37 |
| 1994 | 3.49 |
| 1993 | 3.58 |
| 1992 | 3.62 |
| 1991 | 3.45 |
| 1990 | 2.84 |
| 1989 | 2.44 |
| 1988 | 2.47 |
| 1987 | 3.22 |
| 1986 | 2.92 |