Workday (MEX:WDAY) Cyclically Adjusted PB Ratio: 7.57 (As of Jul. 17, 2026) — 55% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:WDAY Workday Inc MEX:WDAY
73 GF Score
Price MXN2,474.00
GF Value MXN5,366.83
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Workday Cyclically Adjusted PB Ratio?

Workday MEX:WDAY 73 Cyclically Adjusted PB Ratio is 7.57 as of Jul. 17, 2026, which is 55% below its 10-year median of 16.80. GuruFocus rates MEX:WDAY with a GF Score™ of 73/100 and a GF Value™ of MXN5,366.83 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,597 Software companies, Workday ranks worse than 83.41% on this metric.

As of today (2026-07-17), Workday's current share price is MXN2474.00. Workday's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was MXN326.80. Workday's Cyclically Adjusted PB Ratio for today is 7.57.

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

MEX:WDAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.85   Med: 16.8   Max: 36.99
Current: 7.27

During the past years, Workday's highest Cyclically Adjusted PB Ratio was 36.99. The lowest was 5.85. And the median was 16.80.

MEX:WDAY's Cyclically Adjusted PB Ratio is ranked worse than
83.41% of 1597 companies
in the Software industry
Industry Median: 2.3 vs MEX:WDAY: 7.27

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.

Workday's adjusted book value per share data for the three months ended in Apr. 2026 was MXN470.172. 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 MXN326.80 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workday  (MEX:WDAY) 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.


Workday Cyclically Adjusted PB Ratio Related Terms


Workday Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Workday'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.

Workday Cyclically Adjusted PB Ratio Chart

Workday Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.75 16.49 21.79 16.20 9.21

Workday Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 14.43 12.92 12.98 9.21 6.12

MEX:WDAY vs MSTR, FICO, ROP: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Workday'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.


Workday Cyclically Adjusted PB Ratio vs Software Industry

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

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


MEX:WDAY
73GF Score
Workday Inc MEX:WDAY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Workday 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2474.00/326.80
=7.57

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=470.172/333.0200*333.0200
=470.172

Current CPI (Apr. 2026) = 333.0200.

Workday Quarterly Data

Book Value per Share CPI Adj_Book
201607 107.555 240.628 148.852
201610 106.333 241.729 146.491
201701 131.093 242.839 179.776
201704 121.403 244.524 165.340
201707 117.663 244.786 160.075
201710 140.304 246.663 189.425
201801 138.815 247.867 186.504
201804 144.698 250.546 192.329
201807 152.146 252.006 201.057
201810 170.323 252.885 224.295
201901 168.078 251.712 222.371
201904 172.618 255.548 224.949
201907 184.123 256.571 238.985
201910 193.339 257.346 250.191
202001 202.461 257.971 261.361
202004 265.504 256.389 344.859
202007 266.194 259.101 342.137
202010 274.011 260.388 350.443
202101 273.220 261.582 347.836
202104 279.205 267.054 348.172
202107 309.533 273.003 377.581
202110 346.557 276.589 417.263
202201 372.870 281.148 441.665
202204 383.199 289.109 441.401
202207 409.481 296.276 460.265
202210 417.743 298.012 466.816
202301 405.355 299.170 451.219
202304 409.499 303.363 449.532
202307 400.381 305.691 436.175
202310 454.751 307.671 492.218
202401 526.101 308.417 568.069
202404 524.861 313.548 557.456
202407 583.444 314.540 617.723
202410 651.890 315.664 687.733
202501 699.685 317.671 733.492
202504 655.433 320.795 680.411
202507 645.716 323.048 665.648
202510 623.767 0.000
202601 522.559 325.252 535.039
202604 470.172 333.020 470.172

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 7.57 mean?
Workday (MEX:WDAY) has a Cyclically Adjusted PB Ratio of 7.57 as of Jul. 17, 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 Workday and its competitors. This is 55% below median its historical median of 16.80. Over the past decade, Workday's Cyclically Adjusted PB Ratio has ranged from 5.85 to 36.99. According to the industry distribution chart, Workday ranks #1332 out of 1597 companies in the Software industry, placing it in the top 83.4%.
Is Workday's Cyclically Adjusted PB Ratio too high?
Workday's current Cyclically Adjusted PB Ratio of 7.57 is 55% below median its 10-year median of 16.80. Over the past 10 years, this metric has ranged from a low of 5.85 to a high of 36.99. The Software industry median Cyclically Adjusted PB Ratio is 2.30. Workday's value of 7.57 is 229.1% above this industry median. Based on the distribution chart, Workday ranks #1332 out of 1597 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Workday has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workday's Cyclically Adjusted PB Ratio compare to MSTR and FICO?
According to the Software industry distribution chart, Workday ranks #1332 out of 1597 companies for Cyclically Adjusted PB Ratio. This places Workday in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.30. Workday's value of 7.57 is 229.1% above this benchmark. Historically, Workday's own Cyclically Adjusted PB Ratio has ranged from 5.85 to 36.99 over the past decade. While the company's 10-year median is 16.80 vs. the industry median of 2.30, Workday 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 2.30, based on 1,597 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. Workday's current Cyclically Adjusted PB Ratio of 7.57 is 229.1% 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 Workday and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workday's current Cyclically Adjusted PB Ratio is 7.57, which is 55% below median its own 10-year median of 16.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workday stock overvalued right now?
Based on GuruFocus' analysis, Workday (MEX:WDAY) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN5,366.83, compared to a current price of MXN2,474.00 — trading 53.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.57, which is 55% below median its 10-year median of 16.80 and 229.1% above the Software industry median of 2.30. Workday's overall GF Score™ is 73/100 with 3 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 Workday (MEX:WDAY), the current Cyclically Adjusted PB Ratio is 7.57 as of Jul. 17, 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 Workday (MEX:WDAY) Overvalued in 2026?

Based on GuruFocus' analysis, Workday stock appears to be undervalued. The current stock price of MXN2,474.00 is trading 53.9% below its estimated GF Value™ of MXN5,366.83. GuruFocus considers Workday to be Significantly Undervalued.

Key valuation signals for MEX:WDAY:

  • Cyclically Adjusted PB Ratio: 7.57 (55% below median its 10-year median of 16.80)
  • GF Value™: MXN5,366.83 vs. price of MXN2,474.00 (53.9% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 229.1% above the Software median (#1332 of 1597)

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


Workday Business Description

Address 6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
Workday is a software company that offers human capital management, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.
73GF Score

Get the complete analysis for MEX:WDAY

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

MXN2,474.00
Price
MXN5,366.83
GF Value