WAY vs RNG

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

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

WAY vs RNG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

WAY

$3.68B

Winner

RNG

$3.68B

Max Drawdown

Winner

WAY

60.46%

RNG

95.15%

Sharpe Ratio

WAY

-1.43

Winner

RNG

1.02

5Y Beta

Winner

WAY

0.80

RNG

1.23

Industry

WAY

Health Information Services

RNG

Software - Application

P/E Ratio

Winner

WAY

27.82

RNG

73.94

Forward P/E

WAY

11.25

Winner

RNG

8.79

PEG Ratio

Winner

WAY

0.07

RNG

0.24

Dividend Yield

WAY

N/A

RNG

0.17%

Debt to Equity

WAY

37.33%

Winner

RNG

-197.87%

Free Cash Flow Yield

WAY

8.97%

Winner

RNG

16.31%

P/S Ratio

WAY

3.19

Winner

RNG

1.43

P/B Ratio

Winner

WAY

0.94

RNG

96.68

WAY vs RNG - Historical Returns

Returns include dividend reinvestment.

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

WAY

-22.83%

Winner

RNG

+4.92%

WAY

-19.63%

Winner

RNG

+26.14%

WAY

-45.24%

Winner

RNG

+59.83%

WAY

-48.77%

Winner

RNG

+64.29%

5Y(CAGR)

WAY

N/A

RNG

-29.47%

10Y(CAGR)

WAY

N/A

RNG

+8.95%

Max(CAGR)

WAY

-2.83%

Winner

RNG

+7.15%

WAY vs RNG - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

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

WAY vs RNG Drawdown Comparison

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

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

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

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

Correlation

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

-0.61

-101