Waystar HoldingWAY +4.90%14 PS Ratio is 3.24 as of Jun. 28, 2026, which is 43% below its 10-year median of 5.67. GuruFocus rates WAY with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 657 Healthcare Providers & Services companies, Waystar Holding ranks worse than 72.6% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Waystar Holding's share price is $19.86.
Waystar Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $6.13. Hence, Waystar Holding's PS Ratio for today is 3.24.
Good Sign:
Waystar Holding Corp stock PS Ratio (=3.24) is close to 3-year low of 2.92.
The historical rank and industry rank for Waystar Holding's PS Ratio or its related term are showing as below:
WAY'
s PS Ratio Range Over the Past 10 Years
Min: 2.92 Med: 5.67 Max: 7.7
Current: 3.24
During the past 5 years, Waystar Holding's highest PS Ratio was 7.70. The lowest was 2.92. And the median was 5.67.
WAY's PS Ratio is ranked worse than 72.6% of 657
companies
in the Healthcare Providers & Services industry
Industry Median: 1.51
vs WAY: 3.24
During the past 5 years, Waystar Holding's highest 3-Year average Revenue per Share Growth Rate was 16.40% per year. The lowest was 12.00% per year. And the median was 14.20% per year.
Back to Basics: PS Ratio
Waystar Holding (NAS:WAY) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Waystar Holding PS Ratio Related Terms
Waystar Holding PS Ratio Historical Data
* Premium members only.
The historical data trend for Waystar Holding's 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.
For the Health Information Services subindustry, Waystar Holding's PS Ratio, along with its competitors' market caps and 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.
Waystar Holding PS Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's PS Ratio distribution charts can be found below:
* The bar in red indicates where Waystar Holding's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Waystar Holding's Share Price of today is $19.86. Waystar Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.13.
* 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:
Waystar Holding (WAY) has a PS Ratio of 3.24 as of Jun. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Waystar Holding and its competitors. This is 43% below median its historical median of 5.67. Over the past decade, Waystar Holding's PS Ratio has ranged from 2.92 to 7.70. According to the industry distribution chart, Waystar Holding ranks #477 out of 657 companies in the Healthcare Providers & Services industry, placing it in the top 72.6%.
Is Waystar Holding's PS Ratio too high?
Waystar Holding's current PS Ratio of 3.24 is 43% below median its 10-year median of 5.67. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 7.70. The Healthcare Providers & Services industry median PS Ratio is 1.51. Waystar Holding's value of 3.24 is 114.6% above this industry median. Based on the distribution chart, Waystar Holding ranks #477 out of 657 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. 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 PS Ratio compare to DOCS and TXG?
According to the Healthcare Providers & Services industry distribution chart, Waystar Holding ranks #477 out of 657 companies for PS Ratio. This places Waystar Holding in the lower half of its industry. The industry median PS Ratio is 1.51. Waystar Holding's value of 3.24 is 114.6% above this benchmark. Historically, Waystar Holding's own PS Ratio has ranged from 2.92 to 7.70 over the past decade. While the company's 10-year median is 5.67 vs. the industry median of 1.51, Waystar Holding has consistently been above 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 PS Ratio for a Healthcare Providers & Services company?
The median PS Ratio among Healthcare Providers & Services companies is 1.51, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waystar Holding's current PS Ratio of 3.24 is 114.6% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Waystar Holding and its competitors. For the Healthcare Providers & Services industry, the median PS Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystar Holding's current PS Ratio is 3.24, which is 43% below median its own 10-year median of 5.67. 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 PS Ratio of 3.24. The current PS Ratio is 3.24, which is 43% below median its 10-year median of 5.67 and 114.6% above the Healthcare Providers & Services industry median of 1.51. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Waystar Holding (WAY), the current PS Ratio is 3.24 as of Jun. 28, 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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