DOCN
DigitalOcean Holdings
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: DOCN
- PE Ratio
The P/E ratio for DigitalOcean Holdings stock stands at 45.37 as of Jul 31, 2026. This is calculated based on the current EPS of $2.59 and the stock price of $117.5 per share. An increase of 119% has been recorded in the PE ratio compared to the average of 20.8 of the past four quarters.
DOCN PE ratio history
Over the last three years, the average PE ratio of DigitalOcean Holdings has been 47.14. The current 45.37 price-to-earnings ratio is 3.8% less than the historical average. In the past three years, DOCN's PE ratio reached its highest point in the Dec 2023 quarter at 166.77, with a price of $36.69 and an EPS of $0.22. The Sep 2025 quarter saw the lowest point at 12.33, with a price of $34.16 and an EPS of $2.77.
DigitalOcean Holdings PE ratio by year
Maximum annual decrease: -77.8% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 17 | -54.09% | $48.12 | $2.83 |
| 2024 | 37.03 | -77.8% | $34.07 | $0.92 |
| 2023 | 166.77 | N/A | $36.69 | $0.22 |
| 2022 | N/A | N/A | $25.47 | -$0.28 |
| 2021 | N/A | N/A | $80.33 | -$0.21 |
| 2020 | N/A | N/A | N/A | -$1.05 |
| 2019 | N/A | N/A | N/A | -$1.06 |
| 2018 | N/A | N/A | N/A | -$1.06 |
DigitalOcean Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 33.12 | 94.82% | $85.78 | $2.59 |
| Dec 2025 | 17 | 37.88% | $48.12 | $2.83 |
| Sep 2025 | 12.33 | -40% | $34.16 | $2.77 |
| Jun 2025 | 20.55 | -26.76% | $28.56 | $1.39 |
| Mar 2025 | 28.06 | -24.22% | $33.39 | $1.19 |
| Dec 2024 | 37.03 | -16.56% | $34.07 | $0.92 |
| Sep 2024 | 44.38 | -1.66% | $40.39 | $0.91 |
| Jun 2024 | 45.13 | -32.62% | $34.75 | $0.77 |
| Mar 2024 | 66.98 | -59.84% | $38.18 | $0.57 |
| Dec 2023 | 166.77 | N/A | $36.69 | $0.22 |
| Sep 2023 | N/A | N/A | $24.03 | -$0.05 |
| Jun 2023 | N/A | N/A | $40.14 | -$0.19 |
| Mar 2023 | N/A | N/A | $39.17 | -$0.27 |
| Dec 2022 | N/A | N/A | $25.47 | -$0.28 |
| Sep 2022 | N/A | N/A | $36.17 | -$0.29 |
DOCN Price vs fair value
DOCN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of DOCN is lower than the 3 and 5-year averages.
PE comparison
DigitalOcean Holdings's P/E of 45.37 is above the Technology sector and the industry average. Looking at its Technology sector average of 34.94, DigitalOcean Holdings's P/E is 30% higher.
DOCN PE vs peers
When compared to its peer stocks PANW and PAY, DOCN's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOCN DigitalOcean Holdings Inc | 49.27 | $13.32B |
| PAY Paymentus Holdings Inc | 59.59 | $4.42B |
| PANW Palo Alto Networks Inc | 273.1 | $280.45B |
Frequently asked questions
What is DigitalOcean Holdings's PE ratio?
The price to earnings ratio for DOCN stock as of Jul 31, 2026, stands at 45.37.
What is the 3-year average PE ratio for DigitalOcean Holdings (DOCN)?
Over the last 3 years, the average PE ratio for DOCN stock is 47.14.
What is the 5-year average PE ratio for DigitalOcean Holdings (DOCN)?
Over the last 5 years, the average PE ratio for DOCN stock is 47.14.
What is the highest PE ratio for DOCN?
The highest quarterly PE ratio in the last three years has been 166.77 and it was in the Dec 2023 quarter.
How does the current PE ratio for DOCN compare to its historical average?
The current price to earnings ratio of DOCN is 3.8% lower than the 3-year historical average.
How is DOCN's PE ratio calculated (DigitalOcean Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 31, 2026), DigitalOcean Holdings's stock price is $117.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.59. Therefore, DigitalOcean Holdings's price to earnings ratio for today is 45.37. PE RATIO(45.37) = STOCK PRICE($117.5) / TTM EPS($2.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.