Walker & Dunlop (FRA:5WD) Cyclically Adjusted PS Ratio: 1.37 (As of Jul. 14, 2026) — 58% Below Median

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FRA:5WD Walker & Dunlop Inc FRA:5WD
65 GF Score
Price €43.20
GF Value €85.74
Valuation Possible Value Trap
! 10 Warning Signs
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What is Walker & Dunlop Cyclically Adjusted PS Ratio?

Walker & Dunlop FRA:5WD +0.47% 65 Cyclically Adjusted PS Ratio is 1.37 as of Jul. 14, 2026, which is 58% below its 10-year median of 3.24. GuruFocus rates FRA:5WD with a GF Score™ of 65/100 and a GF Value™ of €85.74 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,306 Banks companies, Walker & Dunlop ranks better than 85.45% on this metric.

As of today (2026-07-14), Walker & Dunlop's current share price is €43.20. Walker & Dunlop's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €31.45. Walker & Dunlop's Cyclically Adjusted PS Ratio for today is 1.37.

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

FRA:5WD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 3.24   Max: 6.9
Current: 1.32

During the past years, Walker & Dunlop's highest Cyclically Adjusted PS Ratio was 6.90. The lowest was 1.20. And the median was 3.24.

FRA:5WD's Cyclically Adjusted PS Ratio is ranked better than
85.45% of 1306 companies
in the Banks industry
Industry Median: 3.345 vs FRA:5WD: 1.32

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.

Walker & Dunlop's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.801. 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 €31.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Walker & Dunlop  (FRA:5WD) 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.


Walker & Dunlop Cyclically Adjusted PS Ratio Related Terms


Walker & Dunlop Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Walker & Dunlop'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.

Walker & Dunlop Cyclically Adjusted PS Ratio Chart

Walker & Dunlop Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 2.86 3.65 2.93 1.68

Walker & Dunlop 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 2.52 2.03 2.36 1.68 1.20

FRA:5WD vs UWMC, VEL, LDI: Cyclically Adjusted PS Ratio Comparison

For the Mortgage Finance subindustry, Walker & Dunlop'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.


Walker & Dunlop Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Walker & Dunlop's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:5WD
65GF Score
Walker & Dunlop Inc FRA:5WD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Walker & Dunlop 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.

Walker & Dunlop's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.20/31.45
=1.37

* 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.

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

For example, Walker & Dunlop'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)
=7.801/330.2130*330.2130
=7.801

Current CPI (Mar. 2026) = 330.2130.

Walker & Dunlop Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.297 241.018 5.887
201609 4.479 241.428 6.126
201612 5.487 241.432 7.505
201703 4.631 243.801 6.272
201706 4.614 244.955 6.220
201709 4.667 246.819 6.244
201712 5.707 246.524 7.644
201803 3.842 249.554 5.084
201806 4.843 251.989 6.346
201809 5.007 252.439 6.550
201812 6.030 251.233 7.926
201903 5.406 254.202 7.022
201906 5.767 256.143 7.435
201909 6.261 256.759 8.052
201912 6.299 256.974 8.094
202003 6.801 258.115 8.701
202006 7.275 257.797 9.319
202009 6.749 260.280 8.562
202012 9.170 260.474 11.625
202103 6.024 264.877 7.510
202106 7.446 271.696 9.050
202109 9.357 274.310 11.264
202112 11.250 278.802 13.324
202203 8.893 287.504 10.214
202206 9.862 296.311 10.990
202209 9.772 296.808 10.872
202212 8.137 296.797 9.053
202303 6.795 301.836 7.434
202306 7.660 305.109 8.290
202309 7.655 307.789 8.213
202312 7.637 306.746 8.221
202403 6.349 312.332 6.712
202406 7.585 314.175 7.972
202409 7.932 315.301 8.307
202412 9.814 315.605 10.268
202503 6.594 319.799 6.809
202506 8.294 322.561 8.491
202509 8.615 324.800 8.759
202512 8.691 324.054 8.856
202603 7.801 330.213 7.801

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 1.37 mean?
Walker & Dunlop (FRA:5WD) has a Cyclically Adjusted PS Ratio of 1.37 as of Jul. 14, 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 Walker & Dunlop and its competitors. This is 58% below median its historical median of 3.24. Over the past decade, Walker & Dunlop's Cyclically Adjusted PS Ratio has ranged from 1.20 to 6.90. According to the industry distribution chart, Walker & Dunlop ranks #190 out of 1306 companies in the Banks industry, placing it in the top 14.5%.
Is Walker & Dunlop's Cyclically Adjusted PS Ratio too high?
Walker & Dunlop's current Cyclically Adjusted PS Ratio of 1.37 is 58% below median its 10-year median of 3.24. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 6.90. The Banks industry median Cyclically Adjusted PS Ratio is 3.35. Walker & Dunlop's value of 1.37 is 59% below this industry median. Based on the distribution chart, Walker & Dunlop ranks #190 out of 1306 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Walker & Dunlop has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Walker & Dunlop's Cyclically Adjusted PS Ratio compare to UWMC and VEL?
According to the Banks industry distribution chart, Walker & Dunlop ranks #190 out of 1306 companies for Cyclically Adjusted PS Ratio. This places Walker & Dunlop in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.35. Walker & Dunlop's value of 1.37 is 59% below this benchmark. Historically, Walker & Dunlop's own Cyclically Adjusted PS Ratio has ranged from 1.20 to 6.90 over the past decade. While the company's 10-year median is 3.24 vs. the industry median of 3.35, Walker & Dunlop has consistently been below 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.35, based on 1,306 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. Walker & Dunlop's current Cyclically Adjusted PS Ratio of 1.37 is 59% below 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 Walker & Dunlop and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walker & Dunlop's current Cyclically Adjusted PS Ratio is 1.37, which is 58% below median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walker & Dunlop stock overvalued right now?
Based on GuruFocus' analysis, Walker & Dunlop (FRA:5WD) is currently considered Possible Value Trap. The stock's GF Value™ is €85.74, compared to a current price of €43.20 — trading 49.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is 58% below median its 10-year median of 3.24 and 59% below the Banks industry median of 3.35. Walker & Dunlop's overall GF Score™ is 65/100 with 10 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 Walker & Dunlop (FRA:5WD), the current Cyclically Adjusted PS Ratio is 1.37 as of Jul. 14, 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 Walker & Dunlop (FRA:5WD) Overvalued in 2026?

Based on GuruFocus' analysis, Walker & Dunlop stock appears to be undervalued. The current stock price of €43.20 is trading 49.6% below its estimated GF Value™ of €85.74. GuruFocus considers Walker & Dunlop to be Possible Value Trap.

Key valuation signals for FRA:5WD:

  • Cyclically Adjusted PS Ratio: 1.37 (58% below median its 10-year median of 3.24)
  • GF Value™: €85.74 vs. price of €43.20 (49.6% below fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 59% below the Banks median (#190 of 1306)

No single metric tells the full story. See the FRA:5WD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Walker & Dunlop Business Description

Other Exchanges WD:USA0A8P:UK
Address 7272 Wisconsin Avenue, Suite 1300, Bethesda, MD, USA, 20814
Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling, and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company is managed based on three reportable segments: Capital Markets (CM), Servicing & Asset Management (SAM), and Corporate. The company generates a majority of its total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.
65GF Score

Get the complete analysis for FRA:5WD

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

€43.20
Price
€85.74
GF Value