Waystar Holding Corp (WAY) valuation
Waystar Holding P/E ratio history
Waystar Holding trades at 40.0 times its earnings over the last twelve months and 15.8 times the earnings analysts expect over the next twelve.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $32.75 | $0.61 | 53.7 | 20.4 |
| Dec 31, 2024 | $36.70 | -$0.13 | n/m | 64.9 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Waystar Holding valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Waystar HoldingWAY | $5.37B | 40.0 | 15.8 | 4.5 |
| HaemoneticsHAE | $5.44B | 57.8 | 22.1 | 4.0 |
| Cogent BiosciencesCOGT | $5.30B | — | — | — |
| Scholar Rock HoldingSRRK | $5.26B | — | — | — |
| Lifestance Health GroupLFST | $5.20B | 103.3 | 33.9 | 3.3 |
| Mirum PharmaceuticalsMIRM | $5.18B | — | — | 8.4 |
| Concentra Group Holdings Parent InCON | $5.17B | 26.1 | 23.1 | 2.3 |
| Merit Medical SystemsMMSI | $5.15B | 32.3 | 18.9 | 3.2 |
| HeartflowHTFL | $5.09B | 19.4 | — | 24.0 |
| Peer median | 32.3 | 22.6 | 3.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: WAY financials · WAY returns
No forecast, no recommendation. This page describes Waystar Holding Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.