Western Digital (MEX:WDC) Cyclically Adjusted PS Ratio: 8.78 (As of Jul. 16, 2026) — 1103% Above Median

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.

MEX:WDC Western Digital Corp MEX:WDC
60 GF Score
Price MXN8,915.00
GF Value MXN1,530.25
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Western Digital Cyclically Adjusted PS Ratio?

Western Digital MEX:WDC -9.03% 60 Cyclically Adjusted PS Ratio is 8.78 as of Jul. 16, 2026, which is 1103% above its 10-year median of 0.73. GuruFocus rates MEX:WDC with a GF Score™ of 60/100 and a GF Value™ of MXN1,530.25 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,975 Hardware companies, Western Digital ranks worse than 90.13% on this metric.

As of today (2026-07-16), Western Digital's current share price is MXN8915.00. Western Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,015.93. Western Digital's Cyclically Adjusted PS Ratio for today is 8.78.

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

MEX:WDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.73   Max: 12.82
Current: 8.83

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.

MEX:WDC's Cyclically Adjusted PS Ratio is ranked worse than
90.13% of 1975 companies
in the Hardware industry
Industry Median: 1.44 vs MEX:WDC: 8.83

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 MXN155.491. 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 MXN1,015.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital  (MEX:WDC) 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

MEX:WDC vs STX, ANET, DELL: 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.


MEX:WDC
60GF Score
Western Digital Corp MEX:WDC
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
=8915.00/1015.93
=8.78

* 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)
=155.491/330.2130*330.2130
=155.491

Current CPI (Mar. 2026) = 330.2130.

Western Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 242.988 241.018 332.912
201609 319.816 241.428 437.428
201612 342.775 241.432 468.823
201703 292.763 243.801 396.529
201706 292.722 244.955 394.606
201709 307.271 246.819 411.090
201712 354.042 246.524 474.231
201803 295.695 249.554 391.267
201806 295.725 251.989 387.526
201809 315.600 252.439 412.833
201812 286.603 251.233 376.702
201903 244.069 254.202 317.050
201906 236.628 256.143 305.055
201909 269.452 256.759 346.537
201912 267.964 256.974 344.335
202003 323.087 258.115 413.333
202006 332.057 257.797 425.333
202009 285.944 260.280 362.772
202012 255.486 260.474 323.890
202103 270.174 264.877 336.817
202106 313.902 271.696 381.509
202109 328.667 274.310 395.648
202112 314.743 278.802 372.782
202203 276.045 287.504 317.052
202206 288.273 296.311 321.255
202209 235.579 296.808 262.093
202212 190.485 296.797 211.931
202303 158.383 301.836 173.273
202306 -182.814 305.109 -197.856
202309 148.303 307.789 159.108
202312 158.357 306.746 170.472
202403 86.796 312.332 91.765
202406 110.583 314.175 116.228
202409 122.003 315.301 127.773
202412 140.732 315.605 147.246
202503 131.092 319.799 135.361
202506 135.497 322.561 138.711
202509 137.484 324.800 139.775
202512 142.581 324.054 145.291
202603 155.491 330.213 155.491

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 8.78 mean?
Western Digital (MEX:WDC) has a Cyclically Adjusted PS Ratio of 8.78 as of Jul. 16, 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 1103% 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 #1780 out of 1975 companies in the Hardware industry, placing it in the top 90.1%.
Is Western Digital's Cyclically Adjusted PS Ratio too high?
Western Digital's current Cyclically Adjusted PS Ratio of 8.78 is 1103% 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 1.44. Western Digital's value of 8.78 is 509.7% above this industry median. Based on the distribution chart, Western Digital ranks #1780 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Western Digital has a GF Score™ of 60/100 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 ANET?
According to the Hardware industry distribution chart, Western Digital ranks #1780 out of 1975 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 1.44. Western Digital's value of 8.78 is 509.7% 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 1.44, 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 1.44, based on 1,975 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 8.78 is 509.7% 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 1.44 — 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 8.78, which is 1103% 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 (MEX:WDC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,530.25, compared to a current price of MXN8,915.00 — trading 482.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.78, which is 1103% above median its 10-year median of 0.73 and 509.7% above the Hardware industry median of 1.44. Western Digital's overall GF Score™ is 60/100 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 (MEX:WDC), the current Cyclically Adjusted PS Ratio is 8.78 as of Jul. 16, 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 (MEX:WDC) Overvalued in 2026?

Based on GuruFocus' analysis, Western Digital stock appears to be overvalued. The current stock price of MXN8,915.00 is trading 482.6% above its estimated GF Value™ of MXN1,530.25. GuruFocus considers Western Digital to be Significantly Overvalued.

Key valuation signals for MEX:WDC:

  • Cyclically Adjusted PS Ratio: 8.78 (1103% above median its 10-year median of 0.73)
  • GF Value™: MXN1,530.25 vs. price of MXN8,915.00 (482.6% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 509.7% above the Hardware median (#1780 of 1975)

No single metric tells the full story. See the MEX:WDC 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.
60GF Score

Get the complete analysis for MEX:WDC

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

MXN8,915.00
Price
MXN1,530.25
GF Value