Western Digital (BSP:W1DC34) Cyclically Adjusted PS Ratio: 9.18 (As of Aug. 03, 2026) — 1158% Above 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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BSP:W1DC34 Western Digital Corp BSP:W1DC34
49 GF Score
Price R$2,770.00
GF Value R$443.75
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Western Digital Cyclically Adjusted PS Ratio?

Western Digital BSP:W1DC34 +2.87% 49 Cyclically Adjusted PS Ratio is 9.18 as of Aug. 03, 2026, which is 1158% above its 10-year median of 0.73. GuruFocus rates BSP:W1DC34 with a GF Score™ of 49/100 and a GF Value™ of R$443.75 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,974 Hardware companies, Western Digital ranks worse than 91.84% on this metric.

As of today (2026-08-03), Western Digital's current share price is R$2770.00. Western Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$301.85. Western Digital's Cyclically Adjusted PS Ratio for today is 9.18.

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

BSP:W1DC34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.73   Max: 12.82
Current: 9.36

During the past years, Western Digital's highest Cyclically Adjusted PS Ratio was 12.82. The lowest was 0.33. And the median was 0.73.

BSP:W1DC34's Cyclically Adjusted PS Ratio is ranked worse than
91.84% of 1974 companies
in the Hardware industry
Industry Median: 1.34 vs BSP:W1DC34: 9.36

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Western Digital's adjusted revenue per share data for the three months ended in Mar. 2026 was R$45.093. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$301.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital  (BSP:W1DC34) 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.


Western Digital Cyclically Adjusted PS Ratio Related Terms


Western Digital Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Western Digital'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.

Western Digital Cyclically Adjusted PS Ratio Chart

Western Digital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.47 0.43 0.89 1.07

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 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 0.67 1.07 2.03 2.97 4.65

BSP:W1DC34 vs STX, SNDK, ANET: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Western Digital'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.


Western Digital Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


BSP:W1DC34
49GF Score
Western Digital Corp BSP:W1DC34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Digital 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.

Western Digital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2770.00/301.85
=9.18

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=45.093/330.2130*330.2130
=45.093

Current CPI (Mar. 2026) = 330.2130.

Western Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 44.980 241.018 61.626
201609 53.809 241.428 73.597
201612 55.763 241.432 76.269
201703 48.628 243.801 65.864
201706 53.366 244.955 71.940
201709 53.038 246.819 70.958
201712 59.399 246.524 79.564
201803 53.369 249.554 70.619
201806 56.754 251.989 74.372
201809 69.324 252.439 90.682
201812 56.684 251.233 74.504
201903 48.324 254.202 62.774
201906 47.497 256.143 61.232
201909 56.226 256.759 72.311
201912 58.317 256.974 74.938
202003 67.326 258.115 86.132
202006 74.640 257.797 95.607
202009 69.897 260.280 88.677
202012 66.077 260.474 83.768
202103 74.481 264.877 92.853
202106 79.296 271.696 96.375
202109 84.380 274.310 101.576
202112 86.762 278.802 102.761
202203 68.992 287.504 79.241
202206 72.329 296.311 80.604
202209 61.411 296.808 68.323
202212 51.250 296.797 57.020
202303 45.767 301.836 50.070
202306 -51.758 305.109 -56.017
202309 42.048 307.789 45.111
202312 45.711 306.746 49.208
202403 26.044 312.332 27.535
202406 32.511 314.175 34.171
202409 34.313 315.301 35.936
202412 41.169 315.605 43.075
202503 36.897 319.799 38.099
202506 39.908 322.561 40.855
202509 40.194 324.800 40.864
202512 43.202 324.054 44.023
202603 45.093 330.213 45.093

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.

What does a Cyclically Adjusted PS Ratio of 9.18 mean?
Western Digital (BSP:W1DC34) has a Cyclically Adjusted PS Ratio of 9.18 as of Aug. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Digital and its competitors. This is 1158% above median its historical median of 0.73. Over the past decade, Western Digital's Cyclically Adjusted PS Ratio has ranged from 0.33 to 12.82. According to the industry distribution chart, Western Digital ranks #1813 out of 1974 companies in the Hardware industry, placing it in the top 91.8%.
Is Western Digital's Cyclically Adjusted PS Ratio too high?
Western Digital's current Cyclically Adjusted PS Ratio of 9.18 is 1158% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 12.82. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Western Digital's value of 9.18 is 585.1% above this industry median. Based on the distribution chart, Western Digital ranks #1813 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Western Digital has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Digital's Cyclically Adjusted PS Ratio compare to STX and SNDK?
According to the Hardware industry distribution chart, Western Digital ranks #1813 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Western Digital in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Western Digital's value of 9.18 is 585.1% above this benchmark. Historically, Western Digital's own Cyclically Adjusted PS Ratio has ranged from 0.33 to 12.82 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.34, 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 PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Digital's current Cyclically Adjusted PS Ratio of 9.18 is 585.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Digital and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Digital's current Cyclically Adjusted PS Ratio is 9.18, which is 1158% above median its own 10-year median of 0.73. 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 (BSP:W1DC34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$443.75, compared to a current price of R$2,770.00 — trading 524.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.18, which is 1158% above median its 10-year median of 0.73 and 585.1% above the Hardware industry median of 1.34. Western Digital's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Western Digital (BSP:W1DC34), the current Cyclically Adjusted PS Ratio is 9.18 as of Aug. 03, 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 (BSP:W1DC34) Overvalued in 2026?

Based on GuruFocus' analysis, Western Digital stock appears to be overvalued. The current stock price of R$2,770.00 is trading 524.2% above its estimated GF Value™ of R$443.75. GuruFocus considers Western Digital to be Significantly Overvalued.

Key valuation signals for BSP:W1DC34:

  • Cyclically Adjusted PS Ratio: 9.18 (1158% above median its 10-year median of 0.73)
  • GF Value™: R$443.75 vs. price of R$2,770.00 (524.2% above fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 585.1% above the Hardware median (#1813 of 1974)

No single metric tells the full story. See the BSP:W1DC34 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.
49GF Score

Get the complete analysis for BSP:W1DC34

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

R$2,770.00
Price
R$443.75
GF Value