Question 1

What is Workday's P/S ratio?

Accepted Answer

Workday (WDAY) P/S ratio is 3.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Workday?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Workday specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

Is Workday's P/S ratio high or low?

Accepted Answer

Workday's P/S ratio of 3.7× is below its own 5-year average of 8.3× and below the sector median of 5.7×. That places the current reading at the 4th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Workday's historical P/S ratio range?

Accepted Answer

In the available daily series, Workday (WDAY) P/S ratio has ranged from a low of 3.1× in 2026 to a high of 41.5× in 2012. The 5-year average is 8.3× and the 5-year median is 7.6×.

Question 7

What was Workday's P/S ratio in 2026?

Accepted Answer

Workday (WDAY) P/S ratio at the end of 2026 was 4.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Workday's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$45.89B	$9.55B	4.8×	-3.4×	Jan 31, 2026
2025	$69.67B	$8.45B	8.2×	-2.3×	Jan 31, 2025
2024	$76.58B	$7.24B	10.6×	+3.1×	Jan 31, 2024
2023	$46.69B	$6.22B	7.5×	-4.8×	Jan 31, 2023
2022	$63.24B	$5.14B	12.3×	-0.8×	Jan 31, 2022
2021	$56.58B	$4.32B	13.1×	+1.4×	Jan 31, 2021
2020	$42.56B	$3.63B	11.7×	-2.4×	Jan 31, 2020
2019	$40.00B	$2.82B	14.2×	+2.4×	Jan 31, 2019
2018	$25.29B	$2.14B	11.8×	+1.1×	Jan 31, 2018
2017	$16.75B	$1.57B	10.7×	-0.1×	Jan 31, 2017
2016	$12.48B	$1.16B	10.7×	-8.0×	Jan 31, 2016
2015	$14.76B	$787.86M	18.7×	-14.7×	Jan 31, 2015
2014	$15.69B	$468.94M	33.5×	+1.8×	Jan 31, 2014
2013	$8.65B	$273.66M	31.6×	—	Jan 31, 2013


DocuSign (DOCU)	2.7×
Broadridge Financial Solutions (BR)	2.6×
Celestica (CLS)	2.3×
EchoStar (SATS)	2.3×
Gen Digital (GEN)	2.3×
GoDaddy (GDDY)	2.2×
Fidelity National Information Services (FIS)	2.1×
Skyworks Solutions (SWKS)	2.1×
Qorvo (QRVO)	1.9×
Zebra Technologies (ZBRA)	1.8×
Accenture (ACN)	1.8×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Block (SQ)	1.4×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Dell Technologies (DELL)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Jabil (JBL)	0.9×
Lyft (LYFT)	0.8×
CDW (CDW)	0.7×
Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×

P/S Ratio for Workday (WDAY)

P/S Ratio daily chart for Workday (WDAY)

Historical P/S Ratio for Workday (WDAY) from 2013 to 2026

About P/S Ratio at Workday (WDAY)

Workday P/S Ratio by Year

Workday P/S Ratio 2026: 4.8×

Workday P/S Ratio 2025: 8.2×

Workday P/S Ratio 2024: 10.6×

Workday P/S Ratio 2023: 7.5×

Workday P/S Ratio 2022: 12.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Workday (WDAY) Key Financials

P/S Ratio daily chart for Workday (WDAY)

Historical P/S Ratio for Workday (WDAY) from 2013 to 2026

About P/S Ratio at Workday (WDAY)

Workday P/S Ratio by Year

Workday P/S Ratio 2026: 4.8×

Workday P/S Ratio 2025: 8.2×

Workday P/S Ratio 2024: 10.6×

Workday P/S Ratio 2023: 7.5×

Workday P/S Ratio 2022: 12.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Workday's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Workday?

+Is Workday's P/S ratio high or low?

+What is Workday's historical P/S ratio range?

+What was Workday's P/S ratio in 2026?

+Why does Workday's P/S ratio change over time?

Workday (WDAY) Key Financials