Based on the most recent data from Jul 24, 2026, WAFD's PEG ratio comes in at 0.78. This metric factors in a PE of 11.96 with an earnings growth rate of 15.4%. Relative to the 1.22 average from the previous four quarters, the PEG ratio has contracted by 36%.
Looking at the last ten years, WAFD's PEG ratio has has been around 1.36 on average. At 0.78, today's PE to growth ratio sits 43% below its historical average. Within the last ten years, the Mar 2025 quarter recorded the highest PEG value at 9.76. At 0.15, the Mar 2023 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.05 | 11.47 | 5.6% |
| 2024 | N/A | 13.94 | -32.8% |
| 2023 | 0.73 | 6.89 | 9.4% |
| 2022 | 0.21 | 8.82 | 42.3% |
| 2021 | 2.48 | 14.36 | 5.8% |
| 2020 | N/A | 9.23 | -13.4% |
| 2019 | 1.61 | 14.17 | 8.8% |
| 2018 | 0.58 | 13.33 | 23.1% |
| 2017 | 1.94 | 17.26 | 8.9% |
| 2016 | 2.29 | 14.91 | 6.5% |
| 2015 | 1.76 | 13.54 | 7.7% |
| 2014 | 1.72 | 13.05 | 7.6% |
| 2013 | 1.15 | 14.26 | 12.4% |
| 2012 | 0.45 | 12.91 | 29% |
| 2011 | N/A | 12.74 | -5.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.66 | 10.23 | 15.4% |
| Dec 2025 | 0.33 | 11.04 | 33% |
| Sep 2025 | 2.05 | 11.47 | 5.6% |
| Jun 2025 | 1.85 | 11.09 | 6% |
| Mar 2025 | 9.76 | 10.74 | 1.1% |
| Dec 2024 | N/A | 14.79 | -36.1% |
| Sep 2024 | N/A | 13.94 | -32.8% |
| Jun 2024 | N/A | 11.48 | -38.8% |
| Mar 2024 | N/A | 11.04 | -35.7% |
| Dec 2023 | N/A | 9.67 | -11.2% |
| Sep 2023 | 0.73 | 6.89 | 9.4% |
| Jun 2023 | 0.19 | 6.52 | 33.9% |
| Mar 2023 | 0.15 | 7.36 | 49.3% |
| Dec 2022 | 0.18 | 8.74 | 47.7% |
| Sep 2022 | 0.21 | 8.82 | 42.3% |
When comparing to historical values, WAFD's PEG ratio is below the 3, 5 and 10-year averages.
Washington Federal's PEG of 0.78 is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 0.48, Washington Federal's PEG is 63% higher.
WAFD has a PEG ratio above that of peer stocks BANC and TSBK.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| BANC Banc Of California Inc | 0.15 | $3.28B |
| TSBK Timberland Bancorp Inc | 0.54 | $342.86M |
| WAFD Washington Federal Inc | 0.78 | $2.71B |
| BYFC Broadway Financial Corp | N/A | $94.92M |
| SMPL Simply Good Foods Co | N/A | $904.07M |
| FSBW FS Bancorp Inc | N/A | $236.13M |
| RVSB Riverview Bancorp Inc | N/A | $107.1M |
WAFD's Jul 24, 2026 PEG ratio comes in at 0.78.
Historical data over a 3-year period places WAFD's average PEG ratio at 2.56.
Historical data over a 5-year period places WAFD's average PEG ratio at 1.39.
In the last ten years, WAFD's peak PEG ratio of 9.76 was recorded in the Mar 2025 quarter.
WAFD currently has a PEG ratio 43% below its 10-year average.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jul 24, 2026, Washington Federal has a P/E ratio of 11.96. Earnings grew at 15.4% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.78. PEG RATIO(0.78) = PE RATIO(11.96) / EPS GROWTH(15.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.