RNG vs WAY

Comparison between RingCentral Inc - Class A (RNG, Company) and Waystar Holding Corp (WAY, Company).

RNG is from the Technology sector, while WAY is from the Healthcare sector.

RNG vs WAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RNG(COMPANY)	WAY(COMPANY)
Market Cap	$3.68B	$3.68B
Max Drawdown	95.15%	60.46%
Sharpe Ratio	1.02	-1.43
5Y Beta	1.23	0.80
Industry	Software - Application	Health Information Services
P/E Ratio	73.94	27.82
Forward P/E	8.79	11.25
PEG Ratio	0.24	0.07
Dividend Yield	0.17%	N/A
Debt to Equity	-197.87%	37.33%
Free Cash Flow Yield	16.31%	8.97%
P/S Ratio	1.43	3.19
P/B Ratio	96.68	0.94

Market Cap

Winner

RNG

$3.68B

WAY

$3.68B

Max Drawdown

RNG

95.15%

Winner

WAY

60.46%

Sharpe Ratio

Winner

RNG

1.02

WAY

-1.43

5Y Beta

RNG

1.23

Winner

WAY

0.80

Industry

RNG

Software - Application

WAY

Health Information Services

P/E Ratio

RNG

73.94

Winner

WAY

27.82

Forward P/E

Winner

RNG

8.79

WAY

11.25

PEG Ratio

RNG

0.24

Winner

WAY

0.07

Dividend Yield

RNG

0.17%

WAY

N/A

Debt to Equity

Winner

RNG

-197.87%

WAY

37.33%

Free Cash Flow Yield

Winner

RNG

16.31%

WAY

8.97%

P/S Ratio

Winner

RNG

1.43

WAY

3.19

P/B Ratio

RNG

96.68

Winner

WAY

0.94

RNG vs WAY - Historical Returns

Returns include dividend reinvestment.

Period	RNG	WAY
1 month	+4.92%	-22.83%
3 months	+26.14%	-19.63%
6 months	+59.83%	-45.24%
1 year	+64.29%	-48.77%
5 years(CAGR)	-29.47%	N/A
10 years(CAGR)	+8.95%	N/A
Max(CAGR)	+7.15%	-2.83%

Winner

RNG

+4.92%

WAY

-22.83%

Winner

RNG

+26.14%

WAY

-19.63%

Winner

RNG

+59.83%

WAY

-45.24%

Winner

RNG

+64.29%

WAY

-48.77%

5Y(CAGR)

RNG

-29.47%

WAY

N/A

10Y(CAGR)

RNG

+8.95%

WAY

N/A

Max(CAGR)

Winner

RNG

+7.15%

WAY

-2.83%

RNG vs WAY - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	RNG	WAY
2026	+58.09%	-37.62%
2025	-17.08%	-8.90%
2024	+7.52%	+77.29%
2023	-1.82%	N/A
2022	-81.60%	N/A
2021	-50.98%	N/A
2020	+118.82%	N/A
2019	+108.29%	N/A
2018	+72.47%	N/A
2017	+126.70%	N/A
2016	-9.49%	N/A
2015	+60.08%	N/A
2014	-16.37%	N/A
2013	+0.93%	N/A

RNG vs WAY Drawdown Comparison

The maximum drawdown for RNG was -95.15%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for WAY was -60.46%, occurring on May 15, 2026. This drawdown has not yet recovered.

The current RNG drawdown is -90.16%. The current WAY drawdown is -56.85%.

Rank	RNG	WAY
#1	-95.15% Feb 12, 2021 - Apr 8, 2025	-60.46% Feb 14, 2025 - May 15, 2026
#2	-56.76% Feb 27, 2014 - Dec 4, 2015	-9.29% Jul 23, 2024 - Aug 8, 2024
#3	-44.15% Feb 19, 2020 - Apr 20, 2020	-9.02% Jun 11, 2024 - Jul 22, 2024
#4	-43.54% Dec 16, 2015 - Feb 21, 2017	-6.06% Nov 7, 2024 - Dec 10, 2024
#5	-28.90% Sep 12, 2018 - Feb 7, 2019	-5.82% Dec 26, 2024 - Jan 24, 2025
#6	-18.81% Sep 1, 2020 - Dec 2, 2020	-4.05% Sep 26, 2024 - Oct 29, 2024
#7	-17.81% Oct 31, 2013 - Feb 7, 2014	-3.69% Sep 6, 2024 - Sep 26, 2024
#8	-15.74% Oct 15, 2019 - Jan 6, 2020	-3.25% Jan 30, 2025 - Feb 5, 2025
#9	-15.31% Jun 18, 2018 - Jul 17, 2018	-2.57% Aug 30, 2024 - Sep 6, 2024
#10	-15.08% Aug 26, 2019 - Oct 4, 2019	-2.45% Feb 5, 2025 - Feb 11, 2025
#11	-14.97% Jul 9, 2020 - Aug 3, 2020	-2.23% Dec 17, 2024 - Dec 20, 2024
#12	-13.83% Apr 20, 2020 - May 7, 2020	-1.73% Aug 19, 2024 - Aug 28, 2024
#13	-13.08% Aug 3, 2020 - Sep 1, 2020	-1.25% Jan 24, 2025 - Jan 28, 2025
#14	-12.16% May 15, 2020 - Jun 22, 2020	-0.84% Aug 13, 2024 - Aug 15, 2024
#15	-11.38% Nov 28, 2017 - Jan 11, 2018	-0.42% Nov 1, 2024 - Nov 5, 2024

Correlation

Correlation between RNG and WAY is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

-101