DocuSign, Inc. (DOCU) P/E Ratio History
UndervaluedTrading at 29.4x vs 5Y avg 60.0x · 36th percentile · Below historical baseline · Data 2024–2027
Loading P/E history...
P/E Ratio Analysis
As of June 22, 2026, DocuSign, Inc. (DOCU) trades at a price-to-earnings ratio of 29.4x, with a stock price of $43.47 and trailing twelve-month earnings per share of $1.60.
The current P/E is 51% below its 5-year average of 60.0x. Over the past five years, DOCU's P/E has ranged from a low of 11.7x to a high of 167.2x, placing the current valuation at the 36th percentile of its historical range.
Compared to the Technology sector median P/E of 29.0x, DOCU is roughly in line with its sector peers. The sector includes 352 companies with P/E ratios ranging from 0.0x to 187.7x.
Relative to the broader market, DOCU commands a significant premium over the S&P 500 median P/E of 24.4x. 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 DOCU 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.
DOCU Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
DOCU P/E vs Peers
Content management and document workflows peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $7B | 14.0 | - | +33% | |
| $3B | 42.1 | - | -57% | |
| $78B | 11.7Lowest | 1.29 | +35% | |
| $2.8T | 27.8 | 1.48 | +16% | |
| $124B | 19.5 | 1.59 | +23% | |
| $5B | 12.5 | 0.88Best | -4% | |
| $9B | 204.7 | - | +863%Best | |
| $530B | 31.6 | 6.22 | +34% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
DOCU Historical P/E Data (2024–2027)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2027 Q1 | - | $45.99 | $1.54 | 29.9x | -50% |
| FY2026 Q4 | Jan 31 2026 | $52.54 | $1.48 | 35.5x | -41% |
| FY2026 Q3 | Oct 31 2025 | $73.14 | $1.43 | 51.1x | -15% |
| FY2026 Q2 | - | $75.64 | $1.33 | 56.9x | -5% |
| FY2026 Q1 | Apr 30 2025 | $81.75 | $5.29 | 15.5x | -74% |
| FY2025 Q4 | Jan 31 2025 | $96.73 | $5.11 | 18.9x | -68% |
| FY2025 Q3 | - | $69.38 | $4.85 | 14.3x | -76% |
| FY2025 Q2 | Jul 31 2024 | $55.48 | $4.74 | 11.7x | -81% |
| FY2025 Q1 | - | $56.60 | $0.52 | 108.8x | +81% |
| FY2024 Q4 | Jan 31 2024 | $60.92 | $0.36 | 167.2x | +179% |
| FY2024 Q3 | - | $38.88 | $0.26 | 150.5x | +151% |
Average P/E for displayed period: 60.0x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
2+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
DOCU — Frequently Asked Questions
Quick answers to the most common questions about buying DOCU stock.
What is DOCU's P/E ratio?
DocuSign, Inc. (DOCU) trailing twelve-month P/E ratio is 29.4x, based on TTM diluted EPS of $1.60. The 5-year average P/E is 60.0x and the historical range spans 11.7x to 167.2x.
Is DOCU stock overvalued or undervalued?
DOCU trades at 29.4x P/E, below its 5-year average of 60.0x. At the 36th percentile of its historical range (11.7x–167.2x), the stock is priced at a discount to its own history.
Is DOCU stock expensive?
No, DOCU is not expensive on a historical basis. The current P/E of 29.4x is below the 5-year average of 60.0x and sits at the 36th percentile of its valuation range.
What is DOCU's historical P/E range?
Over the past 5 years, DOCU's P/E ratio has ranged from 11.7x to 167.2x, with a median of 35.5x and an average of 60.0x. The current P/E of 29.4x places the stock at the 36th percentile of this range. Full historical data spans 2024–2027.
How does DOCU's P/E compare to the S&P 500?
DOCU trades at 29.4x P/E versus the S&P 500 median of 24.4x. The 20% premium to the market typically reflects higher expected earnings growth or quality.
How does DOCU's valuation compare to Technology peers?
DocuSign, Inc. P/E of 29.4x compares to the Technology sector median of 29.0x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is DOCU's PEG ratio?
DOCU PEG ratio is N/A, based on a P/E of 29.4x and EPS growth of -70.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is DOCU's earnings yield?
DOCU earnings yield is 3.40%, the inverse of its 29.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.