DigitalOcean Holdings, Inc. (DOCN) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2026
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DOCN Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, DigitalOcean Holdings, Inc. (DOCN) trades at a price-to-earnings ratio of 59.8x, with a stock price of $150.58 and trailing twelve-month earnings per share of $2.27.
The current P/E is 60% below its 5-year average of 149.8x. Over the past five years, DOCN's P/E has ranged from a low of 13.9x to a high of 1168.5x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, DOCN trades at a 116% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
Relative to the broader market, DOCN commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our DOCN DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
DOCN P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $17B | 38.0 | - | -6% | |
| $2.9T | 37.8 | 1.35 | +30% | |
| $3.1T | 30.9 | 1.64 | +16% | |
| $4.8T | 36.8 | 1.23Best | +34% | |
| $217B | 20.7Lowest | 1.67 | +74%Best | |
| $559B | 44.8 | 6.31 | +17% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
DOCN Historical P/E Data (2023–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $85.78 | $2.30 | 37.3x | -75% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $48.12 | $2.52 | 19.1x | -87% |
| FY2025 Q3 | $34.16 | $2.46 | 13.9x | -91% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $28.56 | $1.27 | 22.5x | -85% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $33.39 | $1.08 | 30.9x | -79% |
| FY2024 Q4 | $34.07 | $0.86 | 39.6x | -74% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $40.39 | $0.84 | 48.1x | -68% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $34.75 | $0.71 | 48.9x | -67% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $38.18 | $0.55 | 69.2x | -54% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $36.69 | $0.03 | 1168.5x | +680% |
Average P/E for displayed period: 149.8x
Full DOCN Stock Analysis
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Start ComparisonDOCN — Frequently Asked Questions
Quick answers to the most common questions about buying DOCN stock.
Is DOCN stock overvalued or undervalued?
DOCN trades at 59.8x P/E, below its 5-year average of 149.8x. At the 80th percentile of historical range, the stock is priced at a discount to its own history.
How does DOCN's valuation compare to peers?
DigitalOcean Holdings, Inc. P/E of 59.8x compares to sector median of 27.7x. The premium reflects expected growth above peers.
What is DOCN's PEG ratio?
DOCN PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2026.