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WDAY (Workday) Cyclically Adjusted PB Ratio : 13.94 (As of Jun. 23, 2025)


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What is Workday Cyclically Adjusted PB Ratio?

As of today (2025-06-23), Workday's current share price is $236.58. Workday's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was $16.97. Workday's Cyclically Adjusted PB Ratio for today is 13.94.

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

WDAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.58   Med: 17.6   Max: 36.99
Current: 14.03

During the past years, Workday's highest Cyclically Adjusted PB Ratio was 36.99. The lowest was 12.58. And the median was 17.60.

WDAY's Cyclically Adjusted PB Ratio is ranked worse than
91.97% of 1494 companies
in the Software industry
Industry Median: 2.665 vs WDAY: 14.03

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Workday's adjusted book value per share data for the three months ended in Apr. 2025 was $33.455. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $16.97 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workday Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Workday's Cyclically Adjusted PB 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.

* Premium members only.

Workday Cyclically Adjusted PB Ratio Chart

Workday Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 28.75 16.49 21.79 16.20

Workday Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Cyclically Adjusted PB 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 17.30 15.38 15.15 16.20 14.43

Competitive Comparison of Workday's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Workday's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Workday's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Workday's Cyclically Adjusted PB Ratio falls into.


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Workday Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Workday's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=236.58/16.97
=13.94

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Workday's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=33.455/135.3468*135.3468
=33.455

Current CPI (Apr. 2025) = 135.3468.

Workday Quarterly Data

Book Value per Share CPI Adj_Book
201507 5.896 100.691 7.925
201510 5.862 100.346 7.907
201601 5.856 99.957 7.929
201604 5.727 100.947 7.679
201607 5.733 101.524 7.643
201610 5.659 101.988 7.510
201701 6.292 102.456 8.312
201704 6.412 103.167 8.412
201707 6.588 103.278 8.634
201710 7.335 104.070 9.539
201801 7.455 104.578 9.648
201804 7.708 105.708 9.869
201807 8.181 106.324 10.414
201810 8.409 106.695 10.667
201901 8.822 106.200 11.243
201904 9.088 107.818 11.408
201907 9.694 108.250 12.121
201910 10.083 108.577 12.569
202001 10.718 108.841 13.328
202004 11.072 108.173 13.853
202007 11.977 109.318 14.829
202010 12.879 109.861 15.867
202101 13.489 110.364 16.542
202104 13.843 112.673 16.629
202107 15.597 115.183 18.327
202110 16.863 116.696 19.558
202201 18.068 118.619 20.616
202204 18.822 121.978 20.885
202207 20.109 125.002 21.773
202210 21.047 125.734 22.656
202301 21.564 126.223 23.123
202304 22.766 127.992 24.074
202307 23.949 128.974 25.132
202310 25.190 129.810 26.264
202401 30.630 130.124 31.859
202404 30.758 132.289 31.469
202407 31.372 132.708 31.996
202410 32.543 133.182 33.072
202501 33.918 134.029 34.252
202504 33.455 135.347 33.455

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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  (NAS:WDAY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Workday Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Workday's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Workday Business Description

Industry
Address
6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
Workday is a software company that offers human capital management, or HCM, 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.
Executives
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
David A Duffield 10 percent owner C/O WORKDAY, INC., 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Still George J Jr director NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Sayan Chakraborty officer: Co-President 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Richard Harry Sauer officer: EVP, General Counsel & Secty 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Frederick Wayne A.i. director 500 W MAIN ST., LOUISVILLE KY 40202
Douglas A. Robinson officer: Co-President 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
James Bozzini officer: Senior Vice President 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Zane Rowe officer: Chief Financial Officer 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
Aneel Bhusri director, 10 percent owner, officer: Co-CEO and Chairman
Christa Davies director AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Barbara A Larson officer: Chief Financial Officer 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Robynne Sisco officer: Chief Financial Officer 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Gomez Luciano Fernandez officer: Co-President 1A SHAWFIELD STREET,, RICHARDSON HOUSE, LONDON X0 SW3 4BA