QBTS vs PCTY

Comparison between D-Wave Quantum Inc (QBTS, Company) and Paylocity Holding Corp (PCTY, Company).

Both QBTS and PCTY are from the Technology sector.

QBTS vs PCTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QBTS(COMPANY)	PCTY(COMPANY)
Market Cap	$7.92B	$7.87B
Max Drawdown	96.67%	68.90%
Sharpe Ratio	0.66	-0.31
5Y Beta	2.76	0.62
Industry	Computer Hardware	Software - Application
P/E Ratio	-20.09	29.42
Forward P/E	N/A	15.65
PEG Ratio	-0.21	1.28
5Y EPS CAGR	N/A	31.02%
Debt to Equity	3.15%	6.65%
Free Cash Flow Yield	-1.29%	6.31%
P/S Ratio	636.76	4.62
P/B Ratio	5.96	6.26

Market Cap

Winner

QBTS

$7.92B

PCTY

$7.87B

Max Drawdown

QBTS

96.67%

Winner

PCTY

68.90%

Sharpe Ratio

Winner

QBTS

0.66

PCTY

-0.31

5Y Beta

QBTS

2.76

Winner

PCTY

0.62

Industry

QBTS

Computer Hardware

PCTY

Software - Application

P/E Ratio

Winner

QBTS

-20.09

PCTY

29.42

Forward P/E

QBTS

N/A

PCTY

15.65

PEG Ratio

Winner

QBTS

-0.21

PCTY

1.28

5Y EPS CAGR

QBTS

N/A

PCTY

31.02%

Debt to Equity

Winner

QBTS

3.15%

PCTY

6.65%

Free Cash Flow Yield

QBTS

-1.29%

Winner

PCTY

6.31%

P/S Ratio

QBTS

636.76

Winner

PCTY

4.62

P/B Ratio

Winner

QBTS

5.96

PCTY

6.26

QBTS vs PCTY - Historical Returns

Returns include dividend reinvestment.

Period	QBTS	PCTY
1 month	+11.15%	+17.00%
3 months	-7.20%	+35.70%
6 months	+10.20%	+39.80%
1 year	+12.05%	-14.66%
5 years(CAGR)	+19.95%	-10.58%
10 years(CAGR)	N/A	+12.33%
Max(CAGR)	+19.95%	+15.64%

QBTS

+11.15%

Winner

PCTY

+17.00%

QBTS

-7.20%

Winner

PCTY

+35.70%

QBTS

+10.20%

Winner

PCTY

+39.80%

Winner

QBTS

+12.05%

PCTY

-14.66%

5Y(CAGR)

Winner

QBTS

+19.95%

PCTY

-10.58%

10Y(CAGR)

QBTS

N/A

PCTY

+12.33%

Max(CAGR)

Winner

QBTS

+19.95%

PCTY

+15.64%

QBTS vs PCTY - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	QBTS	PCTY
2026	-26.27%	-0.02%
2025	+172.11%	-21.82%
2024	+921.77%	+22.52%
2023	-38.88%	-14.38%
2022	-85.60%	-16.21%
2021	N/A	+18.66%
2020	N/A	+62.42%
2019	N/A	+102.89%
2018	N/A	+26.15%
2017	N/A	+56.73%
2016	N/A	-22.17%
2015	N/A	+57.97%
2014	N/A	+8.61%

QBTS vs PCTY Drawdown Comparison

The maximum drawdown for QBTS was -96.67%, occurring on May 12, 2023. Recovery took 696 trading sessions.

The maximum drawdown for PCTY was -68.90%, occurring on Apr 10, 2026. This drawdown has not yet recovered.

The current QBTS drawdown is -53.68%. The current PCTY drawdown is -52.36%.

Rank	QBTS	PCTY
#1	-96.67% Aug 9, 2022 - May 19, 2025	-68.90% Nov 1, 2021 - Apr 10, 2026
#2	-71.01% Oct 15, 2025 - Mar 30, 2026	-50.57% Feb 4, 2020 - Jul 1, 2020
#3	-27.04% Jul 23, 2025 - Sep 17, 2025	-45.55% Nov 19, 2015 - Aug 4, 2016
#4	-26.37% May 22, 2025 - Jul 17, 2025	-40.41% Mar 21, 2014 - Nov 7, 2014
#5	-10.86% Sep 24, 2025 - Oct 2, 2025	-36.70% Aug 8, 2016 - Jun 1, 2017
#6	-8.58% Jul 17, 2025 - Jul 23, 2025	-35.97% Sep 14, 2018 - Feb 19, 2019
#7	-7.56% Oct 7, 2025 - Oct 13, 2025	-26.96% Dec 23, 2020 - Aug 5, 2021
#8	-7.25% May 20, 2025 - May 22, 2025	-23.64% Nov 21, 2014 - Feb 19, 2015
#9	-4.50% Sep 19, 2025 - Sep 23, 2025	-22.59% Aug 5, 2015 - Nov 6, 2015
#10	N/A	-19.66% Oct 31, 2017 - Mar 12, 2018
#11	N/A	-17.47% Mar 20, 2015 - May 8, 2015
#12	N/A	-16.92% Jul 2, 2020 - Sep 28, 2020
#13	N/A	-15.07% Aug 27, 2019 - Nov 15, 2019
#14	N/A	-13.76% Jul 26, 2019 - Aug 9, 2019
#15	N/A	-13.09% May 16, 2019 - Jul 11, 2019

Correlation

Correlation between QBTS and PCTY is -0.52 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.52

-101