Western Digital (CHIX:WDCD) Cyclically Adjusted PB Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:WDCD Western Digital Corp CHIX:WDCD
47 GF Score
Price €425.25
GF Value €76.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Western Digital Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital  (CHIX:WDCd) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Western Digital Cyclically Adjusted PB Ratio Related Terms


Western Digital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Western Digital's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Digital Cyclically Adjusted PB Ratio Chart

Western Digital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 0.78 0.65 1.31 1.52

Western Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 1.52 2.89 4.25 6.67

CHIX:WDCD vs STX, SNDK, ANET: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Western Digital's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Digital Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Western Digital's Cyclically Adjusted PB Ratio falls into.


CHIX:WDCD
47GF Score
Western Digital Corp CHIX:WDCD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Digital Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Western Digital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Western Digital's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.27/330.2130*330.2130
=24.270

Current CPI (Mar. 2026) = 330.2130.

Western Digital Quarterly Data

Book Value per Share CPI Adj_Book
201606 34.926 241.018 47.851
201609 33.630 241.428 45.997
201612 35.326 241.432 48.316
201703 35.443 243.801 48.005
201706 34.565 244.955 46.596
201709 34.297 246.819 45.885
201712 32.070 246.524 42.957
201803 30.650 249.554 40.556
201806 33.346 251.989 43.697
201809 33.731 252.439 44.123
201812 32.961 251.233 43.323
201903 30.851 254.202 40.076
201906 29.901 256.143 38.548
201909 29.147 256.759 37.485
201912 28.231 256.974 36.277
202003 27.883 258.115 35.671
202006 28.084 257.797 35.973
202009 26.744 260.280 33.930
202012 26.403 260.474 33.472
202103 27.311 264.877 34.048
202106 28.891 271.696 35.113
202109 31.051 274.310 37.379
202112 33.981 278.802 40.247
202203 34.765 287.504 39.929
202206 36.702 296.311 40.901
202209 38.453 296.808 42.781
202212 35.851 296.797 39.887
202303 33.890 301.836 37.076
202306 31.428 305.109 34.014
202309 29.247 307.789 31.378
202312 28.320 306.746 30.487
202403 28.521 312.332 30.154
202406 29.300 314.175 30.796
202409 30.348 315.301 31.783
202412 33.252 315.605 34.791
202503 13.721 319.799 14.168
202506 13.347 322.561 13.664
202509 14.668 324.800 14.912
202512 17.861 324.054 18.200
202603 24.270 330.213 24.270

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Western Digital (CHIX:WDCD) Overvalued in 2026?

Based on GuruFocus' analysis, Western Digital stock appears to be overvalued. The current stock price of €425.25 is trading 457% above its estimated GF Value™ of €76.35. GuruFocus considers Western Digital to be Significantly Overvalued.

Key valuation signals for CHIX:WDCD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €76.35 vs. price of €425.25 (457% above fair value)
  • GF Score™: 47/100 with 2 warning signs

No single metric tells the full story. See the CHIX:WDCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Digital Business Description

Address 5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
47GF Score

Get the complete analysis for CHIX:WDCD

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€425.25
Price
€76.35
GF Value