Workday currently trades with a PEG ratio of 0.31, based on Sep 14, 2026 data. Dividing the 39.23 PE ratio by the 126.0% earnings growth rate produces this figure.
Historically, Workday has a PEG ratio averaging 5.42 across the last five years. At 0.31, today's PEG ratio sits 94% 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 |
|---|---|---|---|
| Jul 2026 | 0.26 | 32.39 | 126% |
| 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% |
Measured against past performance, WDAY's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 0.31, WDAY stands lower than the Technology sector, the industry and its peers average. Looking at the Technology sector average of 0.59, Workday's PEG is 47% lower.
Relative to its peer stocks CRM and ADP, WDAY's PEG ratio is lower. Workday's PEG ratio of 0.31 is below the peer average of 1.6.
According to Sep 14, 2026 figures, WDAY's PEG ratio stands at 0.31.
WDAY has a 3-year average PEG ratio of 1.32.
WDAY has a 5-year average PEG ratio of 5.42.
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 94% lower.
The 0.31 PEG ratio for WDAY reflects robust earnings growth outpacing the current valuation.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Sep 14, 2026, Workday has a PE ratio of 39.23. Earnings grew at 126.0% over the TTM period ending Jul 2026. Applying the formula, this gives a PEG ratio of 0.31. PEG RATIO(0.31) = PE RATIO(39.23) / EPS GROWTH(126.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.