Workiva (FRA:0WKA) Cyclically Adjusted PB Ratio: 1,643.75 (As of Aug. 30, 2026) — 501% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:0WKA Workiva Inc FRA:0WKA
70 GF Score
Price €65.75
GF Value €89.72
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Workiva Cyclically Adjusted PB Ratio?

Workiva FRA:0WKA +4.12% 70 Cyclically Adjusted PB Ratio is 1,643.75 as of Aug. 30, 2026, which is 501% above its 10-year median of 273.53. GuruFocus rates FRA:0WKA with a GF Score™ of 70/100 and a GF Value™ of €89.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,471 Software companies, Workiva ranks worse than 99.93% on this metric.

As of today (2026-08-30), Workiva's current share price is €65.75. Workiva's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.04. Workiva's Cyclically Adjusted PB Ratio for today is 1,643.75.

The historical rank and industry rank for Workiva's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:0WKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 162.2   Med: 273.53   Max: 1758.36
Current: 1758.36

During the past years, Workiva's highest Cyclically Adjusted PB Ratio was 1758.36. The lowest was 162.20. And the median was 273.53.

FRA:0WKA's Cyclically Adjusted PB Ratio is ranked worse than
99.93% of 1471 companies
in the Software industry
Industry Median: 2.39 vs FRA:0WKA: 1758.36

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Workiva's adjusted book value per share data for the three months ended in Jun. 2026 was €-1.558. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €0.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workiva  (FRA:0WKA) 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.


Workiva Cyclically Adjusted PB Ratio Related Terms


Workiva Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Workiva'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.

Workiva Cyclically Adjusted PB Ratio Chart

Workiva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 206.94 346.74 758.64

Workiva Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 380.08 624.03 758.64 619.56 1,077.68

FRA:0WKA vs ADEA, FRSH, KC: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Workiva'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.


Workiva Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:0WKA
70GF Score
Workiva Inc FRA:0WKA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Workiva 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.

Workiva's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.75/0.04
=1,643.75

* 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.

Workiva's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.558/333.9520*333.9520
=-1.558

Current CPI (Jun. 2026) = 333.9520.

Workiva Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.009 241.428 0.012
201612 -0.072 241.432 -0.100
201703 -0.113 243.801 -0.155
201706 -0.131 244.955 -0.179
201709 -0.290 246.819 -0.392
201712 -0.338 246.524 -0.458
201803 -0.175 249.554 -0.234
201806 -0.351 251.989 -0.465
201809 -0.240 252.439 -0.317
201812 -0.194 251.233 -0.258
201903 0.076 254.202 0.100
201906 0.186 256.143 0.243
201909 1.372 256.759 1.784
201912 1.046 256.974 1.359
202003 1.342 258.115 1.736
202006 1.328 257.797 1.720
202009 1.402 260.280 1.799
202012 1.083 260.474 1.389
202103 1.174 264.877 1.480
202106 1.188 271.696 1.460
202109 1.174 274.310 1.429
202112 1.255 278.802 1.503
202203 0.440 287.504 0.511
202206 0.142 296.311 0.160
202209 -0.106 296.808 -0.119
202212 0.107 296.797 0.120
202303 0.016 301.836 0.018
202306 0.003 305.109 0.003
202309 -1.972 307.789 -2.140
202312 -1.513 306.746 -1.647
202403 -1.396 312.332 -1.493
202406 -1.315 314.175 -1.398
202409 -0.827 315.301 -0.876
202412 -0.717 315.605 -0.759
202503 -1.257 319.799 -1.313
202506 -1.033 322.561 -1.069
202509 -0.562 324.800 -0.578
202512 -0.082 324.054 -0.085
202603 -0.194 330.213 -0.196
202606 -1.558 333.952 -1.558

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.

What does a Cyclically Adjusted PB Ratio of 1,643.75 mean?
Workiva (FRA:0WKA) has a Cyclically Adjusted PB Ratio of 1,643.75 as of Aug. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Workiva and its competitors. This is 501% above median its historical median of 273.53. Over the past decade, Workiva's Cyclically Adjusted PB Ratio has ranged from 162.20 to 1,758.36. According to the industry distribution chart, Workiva ranks #1470 out of 1471 companies in the Software industry, placing it in the top 99.9%.
Is Workiva's Cyclically Adjusted PB Ratio too high?
Workiva's current Cyclically Adjusted PB Ratio of 1,643.75 is 501% above median its 10-year median of 273.53. Over the past 10 years, this metric has ranged from a low of 162.20 to a high of 1,758.36. The Software industry median Cyclically Adjusted PB Ratio is 2.39. Workiva's value of 1,643.75 is 68676.2% above this industry median. Based on the distribution chart, Workiva ranks #1470 out of 1471 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Workiva has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workiva's Cyclically Adjusted PB Ratio compare to ADEA and FRSH?
According to the Software industry distribution chart, Workiva ranks #1470 out of 1471 companies for Cyclically Adjusted PB Ratio. This places Workiva in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.39. Workiva's value of 1,643.75 is 68676.2% above this benchmark. Historically, Workiva's own Cyclically Adjusted PB Ratio has ranged from 162.20 to 1,758.36 over the past decade. While the company's 10-year median is 273.53 vs. the industry median of 2.39, Workiva has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.39, based on 1,471 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Workiva's current Cyclically Adjusted PB Ratio of 1,643.75 is 68676.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Workiva and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workiva's current Cyclically Adjusted PB Ratio is 1,643.75, which is 501% above median its own 10-year median of 273.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workiva stock overvalued right now?
Based on GuruFocus' analysis, Workiva (FRA:0WKA) is currently considered Modestly Undervalued. The stock's GF Value™ is €89.72, compared to a current price of €65.75 — trading 26.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1,643.75, which is 501% above median its 10-year median of 273.53 and 68676.2% above the Software industry median of 2.39. Workiva's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Workiva (FRA:0WKA), the current Cyclically Adjusted PB Ratio is 1,643.75 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Workiva (FRA:0WKA) Overvalued in 2026?

Based on GuruFocus' analysis, Workiva stock appears to be undervalued. The current stock price of €65.75 is trading 26.7% below its estimated GF Value™ of €89.72. GuruFocus considers Workiva to be Modestly Undervalued.

Key valuation signals for FRA:0WKA:

  • Cyclically Adjusted PB Ratio: 1,643.75 (501% above median its 10-year median of 273.53)
  • GF Value™: €89.72 vs. price of €65.75 (26.7% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 68676.2% above the Software median (#1470 of 1471)

No single metric tells the full story. See the FRA:0WKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Workiva Business Description

Other Exchanges WK:USA0WKA:Germany
Address 2900 University Boulevard, Ames, IA, USA, 50010
Workiva Inc is an AI-powered platform for trust, transparency, and accountability. Accounting, finance, sustainability, risk, and audit teams rely on Workiva for their mission-critical work. It transforms how customers connect data, unify processes, and empower teams in a secure, AI-powered, audit-ready, collaborative platform. Company's Geographical region consist of USA, Netherland, UK, and Others. Majority of revenue is from USA.
70GF Score

Get the complete analysis for FRA:0WKA

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

€65.75
Price
€89.72
GF Value