Workday price to book ratio WDAY

Market value divided by the book value of the company's net assets, since 2012.

Today, Oct 23, 2026: 7.8×
10-year median: 13.9×
Against its 10-year history: 23rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.7× to 24.6×
Peer median: 9.9×

Workday's price to book ratio is 7.8× as of Oct 23, 2026.

That is below its ten-year median of 13.9×, lower than on 77% of days in the last ten years.

Over that time it ranged from 3.7× in Apr 2026 to 24.6× in Jul 2019.

The median for 10 application software stocks of a similar size is 9.9×.

Price to book ratio over time

median 13.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	7.8×	3.7×	7.8×
2025	6.5×	6.4×	8.4×
2024	8.2×	6.8×	12.1×
2023	11.0×	7.7×	11.0×
2022	8.0×	6.6×	15.1×
2021	16.2×	15.8×	21.9×
2020	18.7×	10.8×	22.0×
2019	16.4×	15.8×	24.6×
2018	19.1×	14.7×	20.1×
2017	13.9×	13.1×	18.2×
2016	11.7×	8.5×	16.1×
2015	13.7×	12.0×	15.5×
2014	14.1×	10.5×	31.4×
2013	23.4×	13.6×	23.4×
2012	14.4×	13.6×	15.1×

Against its peers

Companies in Software - Application nearest Workday's size, closest first, today.

Company	Price to book ratio
WDAYWorkday	7.8×
VEEVVeeva Systems	7.0×
ADSKAutodesk	15.6×
MSTRStrategy	1.8×
TEAMAtlassian	54.4×
ROPRoper Technologies	2.3×
APPAppLovin	27.5×
CDNSCadence Design Systems	12.7×
ZMZoom Communications	2.5×
INTUIntuit	4.8×
DDOGDatadog	22.2×
Peer median	9.9×

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 Workday

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.