Workday Historical PE Ratio
This WDAY historical PE ratio page, which was last updated 10/6/2026, presents historical price to earnings information for Workday under both the TTM method and
the annualized method, and presented in both tabular and graphical format for ease of study.
WDAY Historical PE Ratio Notes
— Workday, Inc. (WDAY) is a leading provider of enterprise cloud applications for finance & human resources, helping organizations adapt & thrive in a rapidly changing business environment. Through its SaaS model, Workday offers innovative solutions for core HR, payroll, financial management, planning, and analytics, serving large enterprises worldwide. This recurring-revenue structure creates strong visibility into future earnings but historically, WDAY has prioritized rapid growth over immediate profitability. As you review historical price, earnings, & PE ratio data, keep in mind that Workday's earlier years were marked by negative or minimal earnings due to heavy investment in research & development (R&D) & customer acquisition. As the company matured & its customer base grew, operating leverage has gradually improved, leading to greater profitability and corresponding changes in its PE ratio. The market has often valued WDAY at a premium based on growth expectations & recurring revenue, resulting in higher PE ratios than more mature, lower-growth software companies. Understanding this growth trajectory and business model is key when interpreting Workday's historical PE ratios and what they imply about how the market has viewed its earnings potential over time.
How should the WDAY historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Workday. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this WDAY Historical PE Ratio page.
What is the average historical PE for WDAY based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The WDAY historical PE ratio using the annualized quarterly earnings method works out to 79.3.
What is the average historical PE for WDAY based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The WDAY historical PE ratio using the TTM earnings method works out to 78.1.
What is the average historical PE for WDAY based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?
✔️Accepted answer:
The WDAY historical PE ratio using the annualized median TTM earnings method works out to 10.24.
On this page we presented the
Workday Historical PE Ratio information for Workday' stock.
The average WDAY historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 79.3. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average WDAY historical PE based on this TTM earnings result method is 78.1. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.
Let's now compare this WDAY historical PE result, against the recent PE: when this page was posted on 10/5/2026, the most recent closing price for WDAY had been 188.96, and the most recent quarterly earnings result, annualized, was 11. Meanwhile, the most recent TTM earnings summed to 10.2. From these numbers, we calculate the recent WDAY PE on 10/5/2026 based on annualized quarterly EPS was 17.2. Based on WDAY's history, that recent PE is low relative to the historical average, with the recent PE 78.3% lower than the historical average PE across our data set for Workday. Looking at the recent WDAY PE on 10/5/2026 based on TTM EPS, we calculate the ratio at 18.5. Based on WDAY's history, that recent PE is low relative to the historical average, with the recent PE 76.3% lower than the average PE across our Workday data set with TTM EPS used in the calculation at each period.
Another interesting WDAY historical PE Ratio calculation we look at is to take the
median earnings per share of the last four quarters for WDAY, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for WDAY, we start with the past four EPS numbers and we first sort them from lowest to highest: 2.32, 2.47, 2.66, and 2.75. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 2.47 and 2.66 — which gives us the median of 2.56. Basically the way to think about this 2.56 number is this: for the trailing four earnings reports, 2.56 marks the "middle ground" number where WDAY has reported a value
higher than 2.56 half the time, and has reported a value
lower than 2.56 half the time. Annualizing that median value then gets us to 10.24/share, which we use as the denominator in our next PE calculation. With 188.96 as the numerator (as of 10/5/2026), the calculation is then 188.96 / 10.24 =
18.5 as the WDAY PE ratio as of 10/5/2026, based on that annualized median value we calculated.
For self directed investors doing their due diligence on WDAY or any other given stock, valuation analysis for WDAY
can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis
as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.
That's why we bring you
HistoricalPERatio.com to make it easy for investors to investigate
Workday PE history or the past PE information for any stock in our coverage universe.
And in your continued research we hope you will be sure to check out the further links included for earnings
surprises history (beat/miss data) as well as next earnings dates for WDAY. Thanks for visiting, and the next
time you need to research
WDAY Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your
go-to historical PE ratio research resource of choice.