Based on the most recent data from Oct 22, 2026, WAFD's PEG ratio comes in at 0.44. This metric factors in a PE of 9.23 with an earnings growth rate of 20.8%. Relative to the 0.91 average from the previous four quarters, the PEG ratio has plunged by 51%.
Looking at the last ten years, WAFD's PEG ratio has has been around 1.3 on average. At 0.44, today's PE to growth ratio sits 66% 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 |
|---|---|---|---|
| Jun 2026 | 0.58 | 12.03 | 20.8% |
| 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% |
When comparing to historical values, WAFD's PEG ratio is below the 3, 5 and 10-year averages.
Washington Federal's PEG of 0.44 is above the Financial Services sector average but below the industry average. But compared to its Financial Services sector average of 0.43, Washington Federal's PEG is only 2.3% higher.
WAFD has a PEG ratio below that of peer stocks TSBK and FSBW.
WAFD's Oct 22, 2026 PEG ratio comes in at 0.44.
Historical data over a 3-year period places WAFD's average PEG ratio at 2.54.
Historical data over a 5-year period places WAFD's average PEG ratio at 1.26.
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 66% below its 10-year average.
Strong earnings growth relative to valuation produces WAFD's low PEG ratio of 0.44.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Oct 22, 2026, Washington Federal has a P/E ratio of 9.23. Earnings grew at 20.8% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.44. PEG RATIO(0.44) = PE RATIO(9.23) / EPS GROWTH(20.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.