Workday currently trades with a PEG ratio of 0.57, based on Jul 15, 2026 data. Dividing the 43.91 PE ratio by the 76.5% earnings growth rate produces this figure.
Historically, Workday has a PEG ratio averaging 5.99 across the last five years. At 0.57, today's PEG ratio sits 90% less than its historical average. The five years high came in the Oct 2021 quarter at 24.52, reflecting peak valuation relative to growth. The bottom was reached in the Oct 2024 quarter at 0.02, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 2.12 | 67.29 | 31.8% |
| 2025 | N/A | 132.35 | -62.5% |
| 2024 | 0.12 | 55.13 | 466.7% |
| 2023 | N/A | N/A | -1,300% |
| 2022 | 19.15 | 2,108.42 | 110.1% |
| 2021 | N/A | N/A | 43.9% |
| 2020 | N/A | N/A | -9.8% |
| 2019 | N/A | N/A | -24.5% |
| 2018 | N/A | N/A | 20.1% |
| 2017 | N/A | N/A | -33.8% |
| 2016 | N/A | N/A | -7.4% |
| 2015 | N/A | N/A | -33.7% |
| 2014 | N/A | N/A | 37.7% |
| 2013 | N/A | N/A | 40.2% |
| 2012 | N/A | N/A | -22.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Apr 2026 | 0.5 | 37.89 | 76.5% |
| Jan 2026 | 2.12 | 67.29 | 31.8% |
| Oct 2025 | N/A | 99.55 | -60.9% |
| Jul 2025 | N/A | 104.74 | -62.7% |
| Apr 2025 | N/A | 133.88 | -67.7% |
| Jan 2025 | N/A | 132.35 | -62.5% |
| Oct 2024 | 0.02 | 37.9 | 2,470.8% |
| Jul 2024 | 0.03 | 38.69 | 1,322.9% |
| Apr 2024 | 0.07 | 43.16 | 650.5% |
| Jan 2024 | 0.12 | 55.13 | 466.7% |
| Oct 2023 | 7.4 | 882.13 | 119.2% |
| Jul 2023 | N/A | N/A | 39.2% |
| Apr 2023 | N/A | N/A | -836.4% |
| Jan 2023 | N/A | N/A | -1,300% |
| Oct 2022 | N/A | N/A | -1,236.4% |
Measured against past performance, WDAY's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 0.57, WDAY stands higher than the industry average but lower than the Technology sector and its peers average. Looking at the Technology sector average of 0.72, Workday's PEG is 21% lower.
Relative to its peers, WDAY's PEG ratio is lower than ADP's and EFX's yet above CRM's. Workday's PEG ratio of 0.57 is below the peer average of 1.41.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CRM Salesforcecom Inc | 0.58 | $140.89B |
| WDAY Workday Inc | 0.59 | $35.92B |
| PAYC Paycom Software Inc | 0.74 | $7.17B |
| PCTY Paylocity Holding Corp | 1.6 | $6.8B |
| EFX Equifax Inc | 1.99 | $21.39B |
| ADP Automatic Data Processing Inc | 2.44 | $102.66B |
| PAYX Paychex Inc | N/A | $41.1B |
According to Jul 15, 2026 figures, WDAY's PEG ratio stands at 0.57.
WDAY has a 3-year average PEG ratio of 1.47.
WDAY has a 5-year average PEG ratio of 5.99.
WDAY's PEG ratio topped out at 24.52 during the Oct 2021 quarter - the highest in five years.
Compared to the 5-year average, WDAY's PEG ratio stands 90% lower.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Jul 15, 2026, Workday has a PE ratio of 43.91. Earnings grew at 76.5% over the TTM period ending Apr 2026. Applying the formula, this gives a PEG ratio of 0.57. PEG RATIO(0.57) = PE RATIO(43.91) / EPS GROWTH(76.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.