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Western DigitalXSWX:WDC -5.56%46 Cyclically Adjusted PB Ratio is 169.38 as of Aug. 20, 2026, which is 14502% above its 10-year median of 1.16. GuruFocus rates XSWX:WDC with a GF Score™ of 46/100 and a GF Value™ of CHF84.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,953 Hardware companies, Western Digital ranks worse than 93.29% on this metric.
The historical rank and industry rank for Western Digital's Cyclically Adjusted PB Ratio or its related term are showing as below:
XSWX:WDC'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.16 Max: 18.41
Current: 11.48
During the past years, Western Digital's highest Cyclically Adjusted PB Ratio was 18.41. The lowest was 0.53. And the median was 1.16.
XSWX:WDC's Cyclically Adjusted PB Ratio is ranked worse than 93.29% of 1953
companies
in the Hardware industry
Industry Median: 2.09
vs XSWX:WDC: 11.48
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.
Western Digital's adjusted book value per share data for the three months ended in Jun. 2026 was CHF19.626. 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 CHF2.27 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Western Digital (XSWX:WDC) 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
XSWX:WDC 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.
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 PB Ratio for today is calculated as
* 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.
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 169.38 mean?
Western Digital (XSWX:WDC) has a Cyclically Adjusted PB Ratio of 169.38 as of Aug. 20, 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 Western Digital and its competitors. This is 14502% above median its historical median of 1.16. Over the past decade, Western Digital's Cyclically Adjusted PB Ratio has ranged from 0.53 to 18.41. According to the industry distribution chart, Western Digital ranks #1822 out of 1953 companies in the Hardware industry, placing it in the top 93.3%.
Is Western Digital's Cyclically Adjusted PB Ratio too high?
Western Digital's current Cyclically Adjusted PB Ratio of 169.38 is 14502% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 18.41. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Western Digital's value of 169.38 is 8004.3% above this industry median. Based on the distribution chart, Western Digital ranks #1822 out of 1953 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Western Digital has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Digital's Cyclically Adjusted PB Ratio compare to STX and SNDK?
According to the Hardware industry distribution chart, Western Digital ranks #1822 out of 1953 companies for Cyclically Adjusted PB Ratio. This places Western Digital in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Western Digital's value of 169.38 is 8004.3% above this benchmark. Historically, Western Digital's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 18.41 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 2.09, Western Digital 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,953 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. Western Digital's current Cyclically Adjusted PB Ratio of 169.38 is 8004.3% 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 Western Digital and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Digital's current Cyclically Adjusted PB Ratio is 169.38, which is 14502% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Based on GuruFocus' analysis, Western Digital (XSWX:WDC) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF84.52, compared to a current price of CHF384.50 — trading 354.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 169.38, which is 14502% above median its 10-year median of 1.16 and 8004.3% above the Hardware industry median of 2.09. Western Digital's overall GF Score™ is 46/100 with 5 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 Western Digital (XSWX:WDC), the current Cyclically Adjusted PB Ratio is 169.38 as of Aug. 20, 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 Western Digital (XSWX:WDC) Overvalued in 2026?
Based on GuruFocus' analysis, Western Digital stock appears to be overvalued.
The current stock price of CHF384.50 is trading 354.9% above its estimated GF Value™ of CHF84.52.
GuruFocus considers Western Digital to be Significantly Overvalued.
Key valuation signals for XSWX:WDC:
Cyclically Adjusted PB Ratio: 169.38 (14502% above median its 10-year median of 1.16)
GF Value™: CHF84.52 vs. price of CHF384.50 (354.9% above fair value)
Industry Position: 8004.3% above the Hardware median (#1822 of 1953)
No single metric tells the full story. See the XSWX:WDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
46GF Score
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