As of Q4'26 (2026-01-31), Workday's EV/Sales ratio stands at 17.75, marking the lowest point in the observed period. This latest data point reflects a significant contraction compared to previous quarters. Over the period from Q1'24 (2023-04-30) to Q4'26, the EV/Sales ratio exhibited notable volatility, peaking at 36.97 in Q4'24 before entering a consistent downward trend. After reaching its high, the ratio declined sharply, particularly from Q2'26 onward, indicating a substantial decrease in valuation relative to sales. This trend suggests shifting market sentiment or changes in company fundamentals impacting valuation multiples.