Waystar HoldingWAY +1.50%14 PB Ratio is 0.99 as of Jun. 30, 2026, which is 44% below its 10-year median of 1.78. GuruFocus rates WAY with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 608 Healthcare Providers & Services companies, Waystar Holding ranks better than 79.44% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-30), Waystar Holding's share price is $20.285. Waystar Holding's Book Value per Share for the quarter that ended in Mar. 2026 was $20.54. Hence, Waystar Holding's PB Ratio of today is 0.99.
The historical rank and industry rank for Waystar Holding's PB Ratio or its related term are showing as below:
WAY'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.78 Max: 2.53
Current: 0.99
During the past 5 years, Waystar Holding's highest PB Ratio was 2.53. The lowest was 0.87. And the median was 1.78.
WAY's PB Ratio is ranked better than 79.44% of 608
companies
in the Healthcare Providers & Services industry
Industry Median: 2.01
vs WAY: 0.99
During the past 12 months, Waystar Holding's average Book Value Per Share Growth Rate was 13.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.00% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Waystar Holding was 17.00% per year. The lowest was 12.00% per year. And the median was 14.50% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Waystar Holding PB Ratio Related Terms
Waystar Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for Waystar Holding's 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.
For the Health Information Services subindustry, Waystar Holding's PB Ratio, along with its competitors' market caps and 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.
Waystar Holding PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Waystar Holding's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Waystar Holding's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Waystar Holding (WAY) has a PB Ratio of 0.99 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Waystar Holding and its competitors. This is 44% below median its historical median of 1.78. Over the past decade, Waystar Holding's PB Ratio has ranged from 0.87 to 2.53. According to the industry distribution chart, Waystar Holding ranks #125 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 20.6%.
Is Waystar Holding's PB Ratio too high?
Waystar Holding's current PB Ratio of 0.99 is 44% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.53. The Healthcare Providers & Services industry median PB Ratio is 2.01. Waystar Holding's value of 0.99 is 50.7% below this industry median. Based on the distribution chart, Waystar Holding ranks #125 out of 608 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Waystar Holding has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Waystar Holding's PB Ratio compare to DOCS and PRVA?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #125 out of 608 companies for PB Ratio. This places Waystar Holding in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.01. Waystar Holding's value of 0.99 is 50.7% below this benchmark. Historically, Waystar Holding's own PB Ratio has ranged from 0.87 to 2.53 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 2.01, Waystar Holding has consistently been below 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 PB Ratio for a Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.01, based on 608 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current PB Ratio of 0.99 is 50.7% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current PB Ratio is 0.99, which is 44% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystar Holding stock overvalued right now?
Waystar Holding (WAY) has a current PB Ratio of 0.99. The current PB Ratio is 0.99, which is 44% below median its 10-year median of 1.78 and 50.7% below the Healthcare Providers & Services industry median of 2.01. Waystar Holding's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Waystar Holding (WAY), the current PB Ratio is 0.99 as of Jun. 30, 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.
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. Its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.
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