Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Western Digital Corp., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Western Digital Corp. P/S ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Western Digital Corp. P/BV ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Earnings (P/E)
Western Digital Corp., historical P/E calculation (quarterly data)
| Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 325,859,745 | 324,243,164 | 321,895,961 | 319,937,433 | 319,322,335 | 317,650,295 | 314,492,541 | 313,167,818 | 312,917,687 | 311,622,921 | 308,748,049 | 306,452,886 | 306,097,179 | 304,245,045 | 302,525,787 | 299,701,032 | 298,931,536 | 297,404,535 | 296,003,875 | 292,997,704 | 290,850,938 | 289,424,688 | 291,356,809 | 299,242,061 | 297,560,299 | 295,786,618 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to common shareholders (in millions) | (301) | (700) | (730) | (581) | (446) | 27) | 301) | 25) | 564) | 610) | 622) | 197) | 62) | (60) | 148) | 17) | (139) | (276) | (197) | (581) | (487) | 511) | 756) | 61) | (823) | 681) | ||||||||
| Earnings per share (EPS)2 | -7.10 | -7.58 | -5.37 | -2.18 | -0.29 | 2.89 | 4.77 | 5.81 | 6.37 | 4.78 | 2.66 | 1.13 | 0.55 | -0.11 | -0.83 | -1.99 | -3.99 | -5.18 | -2.55 | 0.68 | 2.89 | 1.74 | 2.32 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 57.32 | 43.09 | 40.42 | 32.88 | 43.25 | 34.58 | 47.91 | 62.86 | 52.29 | 55.04 | 63.24 | 69.61 | 61.69 | 39.81 | 37.84 | 44.20 | 68.92 | 52.54 | 52.66 | 47.21 | 47.41 | 48.90 | 63.81 | 77.73 | 84.25 | 86.09 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/E ratio4 | — | — | — | — | — | 11.98 | 10.04 | 10.81 | 8.21 | 11.50 | 23.78 | 61.48 | 113.07 | — | — | — | — | — | — | 69.51 | 16.40 | 28.03 | 27.54 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 28.01 | 28.44 | 28.33 | 30.03 | 28.94 | 25.69 | 24.82 | 26.21 | 25.03 | 27.64 | 25.96 | 27.61 | 29.19 | 36.00 | 32.24 | 31.11 | 21.90 | 24.67 | 20.00 | — | — | — | — | — | — | — | ||||||||
| Arista Networks Inc. | 44.22 | 39.94 | 39.77 | 32.79 | 33.61 | 27.44 | 32.05 | 33.51 | 34.44 | 37.69 | 47.56 | 48.17 | 39.92 | 36.92 | 37.41 | 26.50 | 23.74 | 19.75 | 19.88 | — | — | — | — | — | — | — | ||||||||
| Cisco Systems Inc. | 14.54 | 14.30 | 18.26 | 17.20 | 18.01 | 17.28 | 15.78 | 15.18 | 19.78 | 20.46 | 23.34 | 21.99 | 19.39 | 16.91 | 15.46 | 17.64 | 17.87 | 17.54 | 17.69 | — | — | — | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 44.27 | 22.19 | 21.10 | 12.26 | 7.82 | 9.13 | 12.72 | 14.48 | 15.76 | 21.50 | 16.15 | 19.94 | 18.28 | 17.15 | 17.04 | 14.90 | 16.76 | 15.68 | 15.81 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
EPS
= (Net income (loss) attributable to common shareholdersQ2 2024
+ Net income (loss) attributable to common shareholdersQ1 2024
+ Net income (loss) attributable to common shareholdersQ4 2023
+ Net income (loss) attributable to common shareholdersQ3 2023)
÷ No. shares of common stock outstanding
= (-301,000,000 + -700,000,000 + -730,000,000 + -581,000,000)
÷ 325,859,745 = -7.10
3 Closing price as at the filing date of Western Digital Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/E ratio = Share price ÷ EPS
= 57.32 ÷ -7.10 = —
5 Click competitor name to see calculations.
Price to Operating Profit (P/OP)
Western Digital Corp., historical P/OP calculation (quarterly data)
| Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 325,859,745 | 324,243,164 | 321,895,961 | 319,937,433 | 319,322,335 | 317,650,295 | 314,492,541 | 313,167,818 | 312,917,687 | 311,622,921 | 308,748,049 | 306,452,886 | 306,097,179 | 304,245,045 | 302,525,787 | 299,701,032 | 298,931,536 | 297,404,535 | 296,003,875 | 292,997,704 | 290,850,938 | 289,424,688 | 291,356,809 | 299,242,061 | 297,560,299 | 295,786,618 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Operating income (loss) (in millions) | (210) | (596) | (650) | (472) | (321) | 158) | 562) | 324) | 727) | 778) | 675) | 317) | 158) | 70) | 261) | 153) | 50) | (129) | (381) | (394) | 176) | 686) | 843) | 914) | 955) | 905) | ||||||||
| Operating profit per share2 | -5.92 | -6.29 | -3.99 | -0.23 | 2.26 | 5.58 | 7.60 | 8.00 | 7.98 | 6.19 | 3.95 | 2.63 | 2.10 | 1.76 | 1.11 | -1.02 | -2.86 | -2.45 | 0.29 | 4.47 | 9.00 | 11.74 | 12.41 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 57.32 | 43.09 | 40.42 | 32.88 | 43.25 | 34.58 | 47.91 | 62.86 | 52.29 | 55.04 | 63.24 | 69.61 | 61.69 | 39.81 | 37.84 | 44.20 | 68.92 | 52.54 | 52.66 | 47.21 | 47.41 | 48.90 | 63.81 | 77.73 | 84.25 | 86.09 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/OP ratio4 | — | — | — | — | 19.10 | 6.20 | 6.30 | 7.86 | 6.55 | 8.90 | 16.00 | 26.47 | 29.41 | 22.68 | 34.17 | — | — | — | 179.17 | 10.55 | 5.27 | 4.17 | 5.14 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 23.78 | 24.19 | 24.04 | 25.35 | 24.31 | 21.45 | 20.74 | 22.07 | 21.37 | 23.78 | 22.56 | 23.98 | 25.06 | 31.00 | 27.92 | 27.07 | 19.10 | 21.45 | 17.29 | — | — | — | — | — | — | — | ||||||||
| Arista Networks Inc. | 41.84 | 37.57 | 36.77 | 29.88 | 30.23 | 24.00 | 28.38 | 29.48 | 31.27 | 35.28 | 43.25 | 44.27 | 35.97 | 33.03 | 33.92 | 27.72 | 24.78 | 20.69 | 21.21 | — | — | — | — | — | — | — | ||||||||
| Cisco Systems Inc. | 12.56 | 12.32 | 15.32 | 13.88 | 14.67 | 14.12 | 13.35 | 12.91 | 16.75 | 17.02 | 19.26 | 17.97 | 15.77 | 14.03 | 12.73 | 13.53 | 13.95 | 13.79 | 14.46 | — | — | — | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 37.27 | 19.05 | 17.74 | 10.29 | 6.55 | 7.70 | 10.82 | 12.71 | 14.45 | 19.41 | 14.57 | 19.28 | 17.44 | 17.42 | 16.77 | 12.55 | 13.65 | 12.18 | 11.69 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
Operating profit per share
= (Operating income (loss)Q2 2024
+ Operating income (loss)Q1 2024
+ Operating income (loss)Q4 2023
+ Operating income (loss)Q3 2023)
÷ No. shares of common stock outstanding
= (-210,000,000 + -596,000,000 + -650,000,000 + -472,000,000)
÷ 325,859,745 = -5.92
3 Closing price as at the filing date of Western Digital Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 57.32 ÷ -5.92 = —
5 Click competitor name to see calculations.
Price to Sales (P/S)
Western Digital Corp., historical P/S calculation (quarterly data)
| Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 325,859,745 | 324,243,164 | 321,895,961 | 319,937,433 | 319,322,335 | 317,650,295 | 314,492,541 | 313,167,818 | 312,917,687 | 311,622,921 | 308,748,049 | 306,452,886 | 306,097,179 | 304,245,045 | 302,525,787 | 299,701,032 | 298,931,536 | 297,404,535 | 296,003,875 | 292,997,704 | 290,850,938 | 289,424,688 | 291,356,809 | 299,242,061 | 297,560,299 | 295,786,618 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Revenue, net (in millions) | 3,032) | 2,750) | 2,672) | 2,803) | 3,107) | 3,736) | 4,528) | 4,381) | 4,833) | 5,051) | 4,920) | 4,137) | 3,943) | 3,922) | 4,287) | 4,175) | 4,234) | 4,040) | 3,634) | 3,674) | 4,233) | 5,028) | 5,117) | 5,013) | 5,336) | 5,181) | ||||||||
| Sales per share2 | 34.55 | 34.95 | 38.27 | 44.30 | 49.33 | 55.02 | 59.76 | 61.26 | 60.53 | 57.93 | 54.81 | 53.15 | 53.34 | 54.62 | 55.32 | 53.66 | 52.13 | 52.39 | 55.98 | 61.61 | 66.67 | 70.81 | 70.86 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 57.32 | 43.09 | 40.42 | 32.88 | 43.25 | 34.58 | 47.91 | 62.86 | 52.29 | 55.04 | 63.24 | 69.61 | 61.69 | 39.81 | 37.84 | 44.20 | 68.92 | 52.54 | 52.66 | 47.21 | 47.41 | 48.90 | 63.81 | 77.73 | 84.25 | 86.09 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/S ratio4 | 1.66 | 1.23 | 1.06 | 0.74 | 0.88 | 0.63 | 0.80 | 1.03 | 0.86 | 0.95 | 1.15 | 1.31 | 1.16 | 0.73 | 0.68 | 0.82 | 1.32 | 1.00 | 0.94 | 0.77 | 0.71 | 0.69 | 0.90 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 7.37 | 7.44 | 7.17 | 7.41 | 7.09 | 6.31 | 6.28 | 6.74 | 6.61 | 7.35 | 6.72 | 6.90 | 6.85 | 7.82 | 6.74 | 6.64 | 4.68 | 5.30 | 4.25 | — | — | — | — | — | — | — | ||||||||
| Arista Networks Inc. | 17.25 | 15.03 | 14.16 | 11.14 | 10.92 | 8.57 | 9.89 | 9.93 | 10.18 | 11.13 | 13.57 | 13.63 | 11.07 | 10.15 | 10.24 | 8.50 | 7.87 | 6.73 | 7.09 | — | — | — | — | — | — | — | ||||||||
| Cisco Systems Inc. | 3.42 | 3.35 | 4.04 | 3.59 | 3.83 | 3.80 | 3.62 | 3.53 | 4.54 | 4.59 | 4.96 | 4.60 | 4.09 | 3.68 | 3.52 | 3.76 | 3.83 | 3.71 | 3.96 | — | — | — | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 3.50 | 1.84 | 1.90 | 1.10 | 0.68 | 0.67 | 0.70 | 0.57 | 0.47 | 0.62 | 0.51 | 0.54 | 0.50 | 0.44 | 0.43 | 0.40 | 0.43 | 0.37 | 0.32 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
Sales per share
= (Revenue, netQ2 2024
+ Revenue, netQ1 2024
+ Revenue, netQ4 2023
+ Revenue, netQ3 2023)
÷ No. shares of common stock outstanding
= (3,032,000,000 + 2,750,000,000 + 2,672,000,000 + 2,803,000,000)
÷ 325,859,745 = 34.55
3 Closing price as at the filing date of Western Digital Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 57.32 ÷ 34.55 = 1.66
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Western Digital Corp. P/S ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Book Value (P/BV)
Western Digital Corp., historical P/BV calculation (quarterly data)
| Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 325,859,745 | 324,243,164 | 321,895,961 | 319,937,433 | 319,322,335 | 317,650,295 | 314,492,541 | 313,167,818 | 312,917,687 | 311,622,921 | 308,748,049 | 306,452,886 | 306,097,179 | 304,245,045 | 302,525,787 | 299,701,032 | 298,931,536 | 297,404,535 | 296,003,875 | 292,997,704 | 290,850,938 | 289,424,688 | 291,356,809 | 299,242,061 | 297,560,299 | 295,786,618 | ||||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
| Shareholders’ equity (in millions) | 10,944) | 10,989) | 11,723) | 12,487) | 12,115) | 12,107) | 12,221) | 11,984) | 12,018) | 11,361) | 10,721) | 9,949) | 9,829) | 9,576) | 9,551) | 9,243) | 9,379) | 9,566) | 9,967) | 10,214) | 10,912) | 11,375) | 11,531) | 11,300) | 11,272) | 12,059) | ||||||||
| Book value per share (BVPS)2 | 33.59 | 33.89 | 36.42 | 39.03 | 37.94 | 38.11 | 38.86 | 38.27 | 38.41 | 36.46 | 34.72 | 32.47 | 32.11 | 31.47 | 31.57 | 30.84 | 31.38 | 32.16 | 33.67 | 34.86 | 37.52 | 39.30 | 39.58 | 37.76 | 37.88 | 40.77 | ||||||||
| Share price1, 3 | 57.32 | 43.09 | 40.42 | 32.88 | 43.25 | 34.58 | 47.91 | 62.86 | 52.29 | 55.04 | 63.24 | 69.61 | 61.69 | 39.81 | 37.84 | 44.20 | 68.92 | 52.54 | 52.66 | 47.21 | 47.41 | 48.90 | 63.81 | 77.73 | 84.25 | 86.09 | ||||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||||||
| P/BV ratio4 | 1.71 | 1.27 | 1.11 | 0.84 | 1.14 | 0.91 | 1.23 | 1.64 | 1.36 | 1.51 | 1.82 | 2.14 | 1.92 | 1.26 | 1.20 | 1.43 | 2.20 | 1.63 | 1.56 | 1.35 | 1.26 | 1.24 | 1.61 | 2.06 | 2.22 | 2.11 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
| Apple Inc. | 37.90 | 38.73 | 44.21 | 47.21 | 43.92 | 43.09 | 48.89 | 44.95 | 37.86 | 38.64 | 38.96 | 37.28 | 32.20 | 34.75 | 28.33 | 25.14 | 15.98 | 15.85 | 12.21 | 9.98 | 9.15 | 6.61 | — | — | — | — | ||||||||
| Arista Networks Inc. | 12.91 | 11.62 | 11.50 | 9.58 | 9.81 | 7.81 | 8.87 | 8.90 | 8.90 | 8.46 | 10.05 | 9.78 | 7.87 | 7.24 | 7.15 | 6.12 | 5.89 | 5.53 | 5.90 | 5.33 | 7.41 | 8.72 | — | — | — | — | ||||||||
| Cisco Systems Inc. | 4.23 | 4.30 | 5.19 | 4.66 | 4.91 | 4.94 | 4.69 | 4.51 | 5.92 | 5.46 | 5.99 | 5.59 | 5.02 | 4.64 | 4.57 | 5.33 | 5.56 | 5.60 | 6.12 | 6.57 | 5.36 | 4.56 | — | — | — | — | ||||||||
| Super Micro Computer Inc. | 10.54 | 6.28 | 6.85 | 4.07 | 2.49 | 2.49 | 2.54 | 2.09 | 1.66 | 2.10 | 1.65 | 1.72 | 1.52 | 1.35 | 1.35 | 1.29 | 1.41 | 1.27 | 1.21 | 1.25 | 1.27 | 1.30 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
BVPS = Shareholders’ equity ÷ No. shares of common stock outstanding
= 10,944,000,000 ÷ 325,859,745 = 33.59
3 Closing price as at the filing date of Western Digital Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 57.32 ÷ 33.59 = 1.71
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Western Digital Corp. P/BV ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |