Is Paychex Stock Underperforming the Dow?

Valued at a market cap of $46.6 billion, Paychex, Inc. (PAYX) provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services. The New York-based company customizes its offering according to the size and structure of the client's business and mainly caters to Small and Medium-sized businesses. 

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Paychex fits this criterion perfectly. The company offers its clients an ever-growing variety of payroll and human resource products and services and has over 100 offices serving over 745,000 payroll clients in the U.S. and Europe.