WaFd (WAFD) Cyclically Adjusted PS Ratio: (As of Aug. 05, 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.

WAFD WaFd Inc WAFD
76 GF Score
Price $37.73
GF Value $30.59
Valuation Modestly Overvalued
! 8 Warning Signs
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What is WaFd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


WaFd  (NAS:WAFD) 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.


WaFd Cyclically Adjusted PS Ratio Related Terms


WaFd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for WaFd'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.

WaFd Cyclically Adjusted PS Ratio Chart

WaFd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 4.18 3.17 4.00 3.28

WaFd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.22 3.28 3.45 3.29 0.00

WAFD vs FRME, NBTB, TRMK: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, WaFd'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.


WaFd Cyclically Adjusted PS Ratio vs Banks Industry

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

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


WAFD
76GF Score
WaFd Inc WAFD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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WaFd 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.778/333.9520*333.9520
=2.778

Current CPI (Jun. 2026) = 333.9520.

WaFd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.300 241.428 1.798
201612 1.287 241.432 1.780
201703 1.322 243.801 1.811
201706 1.368 244.955 1.865
201709 1.468 246.819 1.986
201712 1.408 246.524 1.907
201803 1.512 249.554 2.023
201806 1.572 251.989 2.083
201809 1.577 252.439 2.086
201812 1.692 251.233 2.249
201903 1.651 254.202 2.169
201906 1.701 256.143 2.218
201909 1.718 256.759 2.235
201912 2.103 256.974 2.733
202003 1.739 258.115 2.250
202006 1.723 257.797 2.232
202009 1.678 260.280 2.153
202012 1.767 260.474 2.265
202103 1.838 264.877 2.317
202106 1.970 271.696 2.421
202109 2.258 274.310 2.749
202112 2.347 278.802 2.811
202203 2.305 287.504 2.677
202206 2.596 296.311 2.926
202209 2.868 296.808 3.227
202212 3.006 296.797 3.382
202303 2.821 301.836 3.121
202306 2.809 305.109 3.075
202309 2.747 307.789 2.981
202312 2.616 306.746 2.848
202403 2.432 312.332 2.600
202406 2.387 314.175 2.537
202409 2.318 315.301 2.455
202412 2.108 315.605 2.231
202503 2.214 319.799 2.312
202506 2.329 322.561 2.411
202509 2.388 324.800 2.455
202512 2.487 324.054 2.563
202603 2.615 330.213 2.645
202606 2.778 333.952 2.778

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 WaFd (WAFD) Overvalued in 2026?

Based on GuruFocus' analysis, WaFd stock appears to be overvalued. The current stock price of $37.73 is trading 23.3% above its estimated GF Value™ of $30.59. GuruFocus considers WaFd to be Modestly Overvalued.

Key valuation signals for WAFD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $30.59 vs. price of $37.73 (23.3% above fair value)
  • GF Score™: 76/100 with 8 warning signs

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


WaFd Business Description

Other Exchanges WAFDP.PFD:USAWAO:Germany
Address 425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.
76GF Score

Get the complete analysis for WAFD

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

$37.73
Price
$30.59
GF Value