Waystar price to book ratio WAY
Market value divided by the book value of the company's net assets, since 2024.
- Today, Oct 23, 2026
- 1.4×
- 2-year median
- 1.8×
- Against its 2-year history
- 32nd
- percentile: 0 is its lowest day, 100 its highest
- 2-year range
- 0.9× to 2.6×
- Peer median
- 4.0×
Waystar's price to book ratio is 1.4× as of Oct 23, 2026.
That is below its 2-year median of 1.8×, lower than on 68% of days in the last 2 years.
Over that time it ranged from 0.9× in May 2026 to 2.6× in Feb 2025.
The median for 10 infrastructure software stocks of a similar size is 4.0×.
Price to book ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 1.4× | 0.9× | 2.0× |
| 2025 | 2.0× | 1.9× | 2.6× |
| 2024 | 2.1× | 1.4× | 2.1× |
Against its peers
Companies in Software - Infrastructure nearest Waystar's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| WAYWaystar | 1.4× |
| ACIWACI Worldwide | 3.8× |
| PSNParsons | 2.0× |
| BBBLACKBERRY | 6.6× |
| BOXBox | n/m |
| SAICScience Applications International | 4.3× |
| YOUClear Secure | 29.8× |
| WKWorkiva | n/m |
| OTEXOpen Text | 1.7× |
| CCCCCC Intelligent Solutions | 2.5× |
| CVLTCommvault Systems | 135× |
| Peer median | 4.0× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Waystar
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.