As of Oct 1, 2026, DBX's PEG ratio of 1.95 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 18.73 measured against EPS growth of 9.6%. When benchmarked against the trailing 4-quarter average of 2.49, DBX's PEG ratio reflects a 22% decrease.
Dropbox's seven years historical PEG ratio averages out to 1.43. Compared to historical data, DBX's 1.95 PEG ratio represents an increase of 36%. DBX hit its maximum PEG ratio of 7.89 during the Mar 2024 quarter over the last seven years. The Sep 2022 quarter marked the lowest reading at 0.05, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.44 | 14.71 | 33.1% |
| 2024 | 3.11 | 21.15 | 6.8% |
| 2023 | N/A | 22.17 | -13.1% |
| 2022 | 0.19 | 14.63 | 75.9% |
| 2021 | 0.12 | 28.21 | 240.3% |
| 2020 | N/A | N/A | -376.9% |
| 2019 | N/A | N/A | 90.4% |
| 2018 | N/A | N/A | -136.8% |
| 2017 | N/A | N/A | 48.6% |
| 2016 | N/A | N/A | 37.3% |
| 2015 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 1.57 | 15.09 | 9.6% |
| Mar 2026 | 0.61 | 12.28 | 20.1% |
| Dec 2025 | 0.44 | 14.71 | 33.1% |
| Sep 2025 | 7.34 | 16.88 | 2.3% |
| Jun 2025 | N/A | 17.23 | -5.1% |
| Mar 2025 | N/A | 17.34 | 0% |
| Dec 2024 | 3.11 | 21.15 | 6.8% |
| Sep 2024 | 1.35 | 14.53 | 10.8% |
| Jun 2024 | 0.68 | 12.84 | 19% |
| Mar 2024 | 7.89 | 15.78 | 2% |
| Dec 2023 | N/A | 22.17 | -13.1% |
| Sep 2023 | 0.26 | 17.23 | 66.3% |
| Jun 2023 | 0.3 | 18.14 | 59.8% |
| Mar 2023 | 0.26 | 14.32 | 54.1% |
| Dec 2022 | 0.19 | 14.63 | 75.9% |
DBX's PEG ratio today is above the 5-year average, yet it comes in under the 3-year average.
Dropbox's PEG of 1.95 is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 0.65, Dropbox's PEG is 200% higher.
Among its peer stock PHR, DBX's PEG ratio runs higher.
According to Oct 1, 2026 figures, DBX's PEG ratio stands at 1.95.
DBX shows a 3-year average PEG ratio of 2.87.
DBX shows a 5-year average PEG ratio of 1.52.
DBX's PEG ratio topped out at 7.89 during the Mar 2024 quarter - the highest in seven years.
At present, DBX's PEG ratio runs 36% higher than its 7-year historical average.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Oct 1, 2026, Dropbox carries a PE ratio of 18.73. Earnings grew at 9.6% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 1.95. PEG RATIO(1.95) = PE RATIO(18.73) / EPS GROWTH(9.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.