TERN vs PCTY

Comparison between Terns Pharmaceuticals Inc (TERN, Company) and Paylocity Holding Corp (PCTY, Company).

TERN is from the Healthcare sector, while PCTY is from the Technology sector.

5-Year PerformanceTERN has outperformed PCTY, delivering a return of +25.4% compared to -10.3%

TERN vs PCTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TERN(COMPANY)	PCTY(COMPANY)
Market Cap	$5.95B	$5.96B
Max Drawdown	94.50%	68.90%
Sharpe Ratio	3.07	-1.10
5Y Beta	N/A	0.65
Industry	Biotechnology	Software - Application
P/E Ratio	-50.88	23.34
Forward P/E	N/A	13.04
PEG Ratio	N/A	1.39
5Y EPS CAGR	N/A	32.33%
Debt to Equity	0.00%	6.88%
Free Cash Flow Yield	-1.38%	8.17%
P/S Ratio	N/A	3.24
P/B Ratio	N/A	4.74

Market Cap

TERN

$5.95B

Winner

PCTY

$5.96B

Max Drawdown

TERN

94.50%

Winner

PCTY

68.90%

Sharpe Ratio

Winner

TERN

3.07

PCTY

-1.10

5Y Beta

TERN

N/A

PCTY

0.65

Industry

TERN

Biotechnology

PCTY

Software - Application

P/E Ratio

Winner

TERN

-50.88

PCTY

23.34

Forward P/E

TERN

N/A

PCTY

13.04

PEG Ratio

TERN

N/A

PCTY

1.39

5Y EPS CAGR

TERN

N/A

PCTY

32.33%

Debt to Equity

Winner

TERN

0.00%

PCTY

6.88%

Free Cash Flow Yield

TERN

-1.38%

Winner

PCTY

8.17%

P/S Ratio

TERN

N/A

PCTY

3.24

P/B Ratio

TERN

N/A

PCTY

4.74

TERN vs PCTY - Historical Returns

Returns include dividend reinvestment.

Period	TERN	PCTY
1 month	+0.32%	+0.27%
3 months	+49.83%	+6.53%
6 months	+191.09%	-25.43%
1 year	+1504.55%	-38.12%
5 years(CAGR)	+25.44%	-10.29%
10 years(CAGR)	N/A	+10.28%
Max(CAGR)	+22.35%	+13.47%

Winner

TERN

+0.32%

PCTY

+0.27%

Winner

TERN

+49.83%

PCTY

+6.53%

Winner

TERN

+191.09%

PCTY

-25.43%

Winner

TERN

+1504.55%

PCTY

-38.12%

5Y(CAGR)

Winner

TERN

+25.44%

PCTY

-10.29%

10Y(CAGR)

TERN

N/A

PCTY

+10.28%

Max(CAGR)

Winner

TERN

+22.35%

PCTY

+13.47%

TERN vs PCTY - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	TERN	PCTY
2026	+32.01%	-21.91%
2025	+612.52%	-21.82%
2024	-14.51%	+22.52%
2023	-26.08%	-14.38%
2022	+51.94%	-16.21%
2021	-61.56%	+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%

TERN vs PCTY Drawdown Comparison

The maximum drawdown for TERN was -94.50%, occurring on May 11, 2022. Recovery took 1173 trading sessions.

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

The current TERN drawdown is -0.41%. The current PCTY drawdown is -62.79%.

Rank	TERN	PCTY
#1	-94.50% Mar 19, 2021 - Nov 18, 2025	-68.90% Nov 1, 2021 - Apr 10, 2026
#2	-32.02% Mar 3, 2021 - Mar 12, 2021	-50.57% Feb 4, 2020 - Jul 1, 2020
#3	-27.56% Dec 11, 2025 - Mar 18, 2026	-45.55% Nov 19, 2015 - Aug 4, 2016
#4	-16.13% Feb 10, 2021 - Feb 24, 2021	-40.41% Mar 21, 2014 - Nov 7, 2014
#5	-12.11% Nov 25, 2025 - Dec 5, 2025	-36.70% Aug 8, 2016 - Jun 1, 2017
#6	-5.26% Nov 18, 2025 - Nov 24, 2025	-35.97% Sep 14, 2018 - Feb 19, 2019
#7	-4.09% Mar 12, 2021 - Mar 18, 2021	-26.96% Dec 23, 2020 - Aug 5, 2021
#8	-2.27% Mar 1, 2021 - Mar 3, 2021	-23.64% Nov 21, 2014 - Feb 19, 2015
#9	-1.26% Mar 19, 2026 - Mar 23, 2026	-22.59% Aug 5, 2015 - Nov 6, 2015
#10	-1.15% Mar 26, 2026 - Apr 9, 2026	-19.66% Oct 31, 2017 - Mar 12, 2018
#11	-0.13% Feb 25, 2021 - Mar 1, 2021	-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 TERN 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