CORPAY, INC. (CPAY)

Services-Business Services, NEC

Latest Price

$412.56

TTM P/E

25.13

Normalized P/E

29.93

Div Yield

Book Value

54.04

P/B Ratio

7.63

Valuation metrics

EPS: $15.03

Book value / share: $56.81

Formula: √(22.5 × EPS × BVPS)

Graham Number

$138.61

66% downside

Norm. op. income: $1.4B (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$47.23

89% downside

EPS: $15.03

Target P/E: 30×

Formula: EPS × P/E

P/E Fair Value

$450.90

+9% upside

99.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	5.71M	$1.90B	8.70%	-463.6K	2026-06-30
Orbis Allan Gray Ltd	5.41M	$1.80B	8.24%	+63.1K	2026-06-30
JPMORGAN CHASE & CO	4.77M	$1.60B	7.26%	+31.5K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	4.16M	$1.39B	6.34%	-264.8K	2026-06-30
FMR LLC	3.34M	$1.11B	5.09%	+647.1K	2026-06-30
STATE STREET CORP	2.83M	$943.0M	4.31%	-111.1K	2026-06-30
Boston Partners	2.81M	$939.0M	4.28%	+390.8K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.78M	$925.0M	4.23%	-215.0K	2026-06-30
PRICE T ROWE ASSOCIATES INC /MD/	2.45M	$818.0M	3.74%	+203.8K	2026-06-30
TIGER GLOBAL MANAGEMENT LLC	2.15M	$716.0M	3.27%	+397.7K	2026-06-30