Workday (BSP:W1DA34) Cyclically Adjusted PS Ratio: (As of Sep. 21, 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.
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.

BSP:W1DA34 Workday Inc BSP:W1DA34
82 GF Score
Price R$63.66
GF Value R$95.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Workday Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Workday  (BSP:W1DA34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Workday Cyclically Adjusted PS Ratio Related Terms


Workday Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Workday's Cyclically Adjusted PS 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 PS Ratio Chart

Workday Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.26 14.77 19.48 16.40 7.98

Workday Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted PS 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 12.90 11.87 7.91 5.07 6.16

BSP:W1DA34 vs TEAM, MSTR, PAYX: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Workday's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Software Industry

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

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


BSP:W1DA34
82GF Score
Workday Inc BSP:W1DA34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Workday Cyclically Adjusted PS Ratio Calculation

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

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=3.415/333.9180*333.9180
=3.415

Current CPI (Jul. 2026) = 333.9180.

Workday Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.417 241.729 0.576
201701 0.446 242.839 0.613
201704 0.460 244.524 0.628
201707 0.513 244.786 0.700
201710 0.523 246.663 0.708
201801 0.562 247.867 0.757
201804 0.602 250.546 0.802
201807 0.730 252.006 0.967
201810 0.840 252.885 1.109
201901 0.851 251.712 1.129
201904 0.882 255.548 1.152
201907 0.950 256.571 1.236
201910 1.042 257.346 1.352
202001 1.092 257.971 1.413
202004 1.317 256.389 1.715
202007 1.501 259.101 1.934
202010 1.585 260.388 2.033
202101 1.558 261.582 1.989
202104 1.669 267.054 2.087
202107 1.566 273.003 1.915
202110 1.746 276.589 2.108
202201 1.926 281.148 2.288
202204 1.776 289.109 2.051
202207 1.929 296.276 2.174
202210 2.029 298.012 2.273
202301 2.079 299.170 2.320
202304 2.050 303.363 2.256
202307 2.042 305.691 2.231
202310 2.156 307.671 2.340
202401 2.178 308.417 2.358
202404 2.302 313.548 2.452
202407 2.594 314.540 2.754
202410 2.794 315.664 2.956
202501 3.046 317.671 3.202
202504 2.979 320.795 3.101
202507 3.020 323.048 3.122
202510 3.053 0.000
202601 3.233 325.252 3.319
202604 3.233 333.020 3.242
202607 3.415 333.918 3.415

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Workday (BSP:W1DA34) Overvalued in 2026?

Based on GuruFocus' analysis, Workday stock appears to be undervalued. The current stock price of R$63.66 is trading 33.6% below its estimated GF Value™ of R$95.92. GuruFocus considers Workday to be Significantly Undervalued.

Key valuation signals for BSP:W1DA34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$95.92 vs. price of R$63.66 (33.6% below fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the BSP:W1DA34 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.
82GF Score

Get the complete analysis for BSP:W1DA34

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

R$63.66
Price
R$95.92
GF Value