As of Jun 24, 2026, DBX's PEG ratio of 0.71 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 14.23 measured against EPS growth of 20.1%.
Dropbox's six years historical PEG ratio averages out to 1.42. Compared to historical data, DBX's 0.71 PEG ratio represents a decrease of 50%. DBX hit its maximum PEG ratio of 7.89 during the Mar 2024 quarter over the last six 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 |
|---|---|---|---|
| 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% |
| Sep 2022 | 0.05 | 21.81 | 427.6% |
DBX's PEG ratio today comes in under the 3 and 5-year averages.
Dropbox's PEG of 0.71 is higher than the industry average but lower than the Technology sector average. In comparison with the Technology sector average of 0.75, Dropbox's PEG is 5% lower.
Among its peer stock PHR, DBX's PEG ratio runs higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| PHR Phreesia Inc | 0.53 | $592.78M |
| DBX Dropbox Inc | 0.71 | $6.14B |
| PHUN Phunware Inc | N/A | $39.05M |
According to Jun 24, 2026 figures, DBX's PEG ratio stands at 0.71.
DBX shows a 3-year average PEG ratio of 2.44.
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 six years.
At present, DBX's PEG ratio runs 50% lower than its 6-year historical average.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Jun 24, 2026, Dropbox carries a PE ratio of 14.23. Earnings grew at 20.1% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 0.71. PEG RATIO(0.71) = PE RATIO(14.23) / EPS GROWTH(20.1%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.