Workday Price To Sales Ratio from 2010 to 2024
| WDAY Stock | USD 256.47 0.35 0.14% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 10.63734742 | Current Value 171.07716553 | Quarterly Volatility 45.98901658 |
Check Workday financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workday main balance sheet or income statement drivers, such as Depreciation And Amortization of 163.3 M, Interest Expense of 119.7 M or Selling General Administrative of 737.1 M, as well as many exotic indicators such as Price To Sales Ratio of 171, Dividend Yield of 0.0 or Days Sales Outstanding of 115. Workday financial statements analysis is a perfect complement when working with Workday Valuation or Volatility modules.
Workday | Price To Sales Ratio |
Latest Workday's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Workday over the last few years. Price to Sales Ratio is figured by comparing Workday stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Workday sales, a figure that is much harder to manipulate than other Workday multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Workday's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Workday's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 9.60 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Workday Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 34.12 | |
| Geometric Mean | 19.89 | |
| Coefficient Of Variation | 134.79 | |
| Mean Deviation | 32.26 | |
| Median | 12.99 | |
| Standard Deviation | 45.99 | |
| Sample Variance | 2,115 | |
| Range | 164 | |
| R-Value | 0 | |
| Mean Square Error | 2,278 | |
| R-Squared | 0.00000844 | |
| Significance | 0.99 | |
| Slope | 0.03 | |
| Total Sum of Squares | 29,610 |
Workday Price To Sales Ratio History
About Workday Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Workday income statement, its balance sheet, and the statement of cash flows. Workday investors use historical funamental indicators, such as Workday's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Workday investors may use each financial statement separately, they are all related. The changes in Workday's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Workday's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Workday Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Workday. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 10.64 | 171.08 |
Workday Investors Sentiment
The influence of Workday's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Workday. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Workday's public news can be used to forecast risks associated with an investment in Workday. The trend in average sentiment can be used to explain how an investor holding Workday can time the market purely based on public headlines and social activities around Workday. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Workday's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Workday's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Workday's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Workday.
Workday Implied Volatility | 43.12 |
Workday's implied volatility exposes the market's sentiment of Workday stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Workday's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Workday stock will not fluctuate a lot when Workday's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Workday in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Workday's short interest history, or implied volatility extrapolated from Workday options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:Check out the analysis of Workday Correlation against competitors. For more information on how to buy Workday Stock please use our How to Invest in Workday guide.Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Workday Stock analysis
When running Workday's price analysis, check to measure Workday's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
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Is Workday's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workday. If investors know Workday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 5.21 | Revenue Per Share 27.776 | Quarterly Revenue Growth 0.168 | Return On Assets 0.0076 | Return On Equity 0.2021 |
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workday's market value can be influenced by many factors that don't directly affect Workday's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.