Workday (MIC:WDAY-RM) Cyclically Adjusted PS Ratio: (As of Jul. 31, 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.
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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.

What is Workday Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workday  (MIC:WDAY-RM) 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 22.61 12.89 17.22 13.10 7.56

Workday Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 11.76 10.59 10.68 7.56 4.99

MIC:WDAY-RM vs MSTR, ROP, FICO: 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.



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 Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=747.126/333.0200*333.0200
=747.126

Current CPI (Apr. 2026) = 333.0200.

Workday Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 126.148 240.628 174.584
201610 130.687 241.729 180.042
201701 130.229 242.839 178.591
201704 134.133 244.524 182.677
201707 150.925 244.786 205.326
201710 153.724 246.663 207.543
201801 155.505 247.867 208.928
201804 180.958 250.546 240.525
201807 193.511 252.006 255.720
201810 223.516 252.885 294.344
201901 234.072 251.712 309.682
201904 238.055 255.548 310.224
201907 248.967 256.571 323.150
201910 261.772 257.346 338.747
202001 267.640 257.971 345.502
202004 319.434 256.389 414.908
202007 329.934 259.101 424.061
202010 366.262 260.388 468.426
202101 357.631 261.582 455.300
202104 360.260 267.054 449.249
202107 353.585 273.003 431.317
202110 379.361 276.589 456.760
202201 405.467 281.148 480.276
202204 470.233 289.109 541.654
202207 333.660 296.276 375.040
202210 369.368 298.012 412.758
202301 473.202 299.170 526.743
202304 476.553 303.363 523.141
202307 600.093 305.691 653.742
202310 675.825 307.671 731.506
202401 638.699 308.417 689.649
202404 679.255 313.548 721.438
202407 679.803 314.540 719.743
202410 753.087 315.664 794.494
202501 806.531 317.671 845.500
202504 679.516 320.795 705.411
202507 706.091 323.048 727.887
202510 723.795 0.000
202601 734.308 325.252 751.845
202604 747.126 333.020 747.126

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.


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.