The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Dayforce Forward PE Ratio Related Terms
Dayforce Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Dayforce's Forward PE 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.
Dayforce Forward PE Ratio Chart
Dayforce Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
Forward PE Ratio
78.74
102.04
161.29
476.19
67.57
32.26
32.48
Dayforce Quarterly Data
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
Forward PE Ratio
105.26
78.74
133.33
128.21
75.19
102.04
83.33
188.68
125.00
161.29
227.27
263.16
476.19
126.58
82.64
51.55
67.57
43.48
40.32
28.41
32.26
26.67
19.49
20.24
32.48
18.39
27.12
28.35
DAY vs DOCU, MANH, BSY: Forward PE Ratio Comparison
For the Software - Application subindustry, Dayforce's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Dayforce Forward PE Ratio vs Software Industry
For the Software industry and Technology sector, Dayforce's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Dayforce's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Dayforce (DAY) has a Forward PE Ratio of 25.64 as of Jun. 29, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Dayforce and its competitors.
Is Dayforce's Forward PE Ratio too high?
Dayforce's current Forward PE Ratio is 25.64. The Software industry median Forward PE Ratio is 17.65. Dayforce's value of 25.64 is 45.3% above this industry median. Overall, Dayforce has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Dayforce's Forward PE Ratio compare to DOCU and MANH?
Dayforce's Forward PE Ratio of 25.64 can be compared against companies in the Software industry. The industry median Forward PE Ratio is 17.65. Dayforce's value of 25.64 is 45.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Software company?
The median Forward PE Ratio among Software companies is 17.65, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dayforce's current Forward PE Ratio of 25.64 is 45.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Dayforce and its competitors. For the Software industry, the median Forward PE Ratio is 17.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dayforce's current Forward PE Ratio is 25.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dayforce stock overvalued right now?
Dayforce (DAY) has a current Forward PE Ratio of 25.64. The stock's GF Value™ is $86.76, compared to a current price of $69.86 — trading 19.5% below its estimated fair value. The current Forward PE Ratio is 25.64 and 45.3% above the Software industry median of 17.65. Dayforce's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Dayforce (DAY), the current Forward PE Ratio is 25.64 as of Jun. 29, 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 Dayforce (DAY) Overvalued in 2026?
Based on GuruFocus' analysis, Dayforce stock appears to be undervalued.
The current stock price of $69.86 is trading 19.5% below its estimated GF Value™ of $86.76.
Key valuation signals for DAY:
Forward PE Ratio: 25.64
GF Value™: $86.76 vs. price of $69.86 (19.5% below fair value)
Industry Position: 45.3% above the Software median
No single metric tells the full story. See the DAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dayforce is a global technology company providing cloud-based human capital management solutions for large businesses looking to manage their payroll, tax, benefits, and talent intelligence. The company primarily services customers in the US with its flagship Dayforce platform but also services customers in select European countries as well as Australia and New Zealand. Dayforce services the Canadian HCM market with its Powerpay platform, which specifically targets customers with less than 100 employees. As of fiscal 2024, the Dayforce platform accounted for almost 80% of companywide revenue and had 6,876 clients representing approximately 7.62 million employees.
67GF Score
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