Waystar Holding Corp. (WAY) P/E Ratio History
UndervaluedTrading at 39.0x vs 5Y avg 104.3x · 20th percentile · Below historical baseline · Data 2025–2026
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P/E Ratio Analysis
As of July 8, 2026, Waystar Holding Corp. (WAY) trades at a price-to-earnings ratio of 39.0x, with a stock price of $23.81 and trailing twelve-month earnings per share of $0.65.
The current P/E is 63% below its 5-year average of 104.3x. Over the past five years, WAY's P/E has ranged from a low of 36.0x to a high of 285.8x, placing the current valuation at the 20th percentile of its historical range.
Compared to the Technology sector median P/E of 29.6x, WAY trades at a 32% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 197.0x.
Relative to the broader market, WAY commands a significant premium over the S&P 500 median P/E of 25.9x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our WAY DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
WAY Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
WAY P/E vs Peers
Payments Processing and Fintech Services peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1B | 21.1 | 1.18Best | -7% | |
| $31B | 35.3 | 1.94 | +26% | |
| $8B | 70.9 | - | -4% | |
| $663M | 14.4 | - | -15% | |
| $255M | 49.2 | - | +186%Best | |
| $389B | 32.4 | - | -15% | |
| $133B | 75.1 | - | -62% | |
| $76B | 12.9Lowest | - | +83% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
WAY Historical P/E Data (2025–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $24.13 | $0.67 | 36.0x | -65% |
| FY2025 Q4 | Dec 31 2025 | $32.75 | $0.61 | 53.7x | -49% |
| FY2025 Q3 | - | $37.92 | $0.62 | 61.2x | -41% |
| FY2025 Q2 | Jun 30 2025 | $40.87 | $0.48 | 85.0x | -19% |
| FY2025 Q1 | Mar 31 2025 | $37.36 | $0.13 | 285.8x | +174% |
Average P/E for displayed period: 104.3x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
1+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
WAY — Frequently Asked Questions
Quick answers to the most common questions about buying WAY stock.
What is WAY's P/E ratio?
Waystar Holding Corp. (WAY) trailing twelve-month P/E ratio is 39.0x, based on TTM diluted EPS of $0.65. The 5-year average P/E is 104.3x and the historical range spans 36.0x to 285.8x.
Is WAY stock overvalued or undervalued?
WAY trades at 39.0x P/E, below its 5-year average of 104.3x. At the 20th percentile of its historical range (36.0x–285.8x), the stock is priced at a discount to its own history.
Is WAY stock expensive?
No, WAY is not expensive on a historical basis. The current P/E of 39.0x is below the 5-year average of 104.3x and sits at the 20th percentile of its valuation range.
What is WAY's historical P/E range?
Over the past 5 years, WAY's P/E ratio has ranged from 36.0x to 285.8x, with a median of 61.2x and an average of 104.3x. The current P/E of 39.0x places the stock at the 20th percentile of this range. Full historical data spans 2025–2026.
How does WAY's P/E compare to the S&P 500?
WAY trades at 39.0x P/E versus the S&P 500 median of 25.9x. The 51% premium to the market typically reflects higher expected earnings growth or quality.
How does WAY's valuation compare to Technology peers?
Waystar Holding Corp. P/E of 39.0x compares to the Technology sector median of 29.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is WAY's PEG ratio?
WAY PEG ratio is N/A, based on a P/E of 39.0x and EPS growth of 569.2%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is WAY's earnings yield?
WAY earnings yield is 2.56%, the inverse of its 39.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.