Valuation dashboard for DocuSign, Inc. (DOCU) with P/E 49.00, P/B 9.09, EV/EBITDA 26.4 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
DocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally. The company's core offering is an e-signature solution that empowers businesses to digitally prepare, execute, finalize, and manage various agreements. Beyond its foundational e-signature service, DocuSign offers an extensive suite of tools for digital agreement management.
Where would it trade at its usual multiples?
Versus its usual multiples: expensive · Current P/E 49.0× · Multiples range: $51.66 · $51.66.
At its sector median (31.5×) $52 (-36%). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
DocuSign, Inc. reported revenue of $3.22B in the most recent fiscal year, growing at a 5-year CAGR of 17.2%.
Trailing-twelve-month margins: gross margin 79.5%, operating margin 12.0%, net margin 9.8%.
At $80.36 (closing price, November 3, 2026), DOCU trades at a P/E of 49.00 and an ROE of 17.74%. Market capitalisation stands at $15.0B, placing it among large-cap names.
Balance sheet quality for DOCU: debt-to-equity ratio of 0.11, current ratio of 0.64 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 49.00 |
| Price / Book | 9.09 |
| EV / EBITDA | 26.4 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| DOCU | DocuSign, Inc. | $15.0B | 49.00 | 9.09 | 17.7% |
| SAP | SAP SE | $268.4B | 29.69 | 5.27 | 17.8% |
| SHOP.TO | Shopify Inc. | CAD 259.8B | 86.41 | 14.39 | 16.5% |
| 0VHA.L | Shopify Inc. | $219.9B | 113.21 | 17.22 | 15.1% |
| SHOP | Shopify Inc. | $185.0B | 86.41 | 14.39 | 16.5% |
| CRM | Salesforce, Inc. | $182.9B | 20.27 | 4.83 | 20.2% |
| 0L5N.L | ServiceNow, Inc. | $157.1B | 98.73 | 13.12 | 13.8% |
| UBER | Uber Technologies, Inc. | $136.0B | 14.64 | 4.98 | 35.7% |
Price
| Price | $80.36 (closing price, November 3, 2026) |
| Market Cap | $15.0B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 17.74% |
| Return on Invested Capital | 15.06% |
| Return on Assets | 8.33% |
| Gross Margin | 79.49% |
| Operating Margin | 11.96% |
| Net Margin | 9.82% |
Related companies: SAP · SHOP.TO · 0VHA.L · SHOP · CRM · 0L5N.L · UBER · ADP
Explore sector: Technology · Software - Application
More sections of DOCU: Overview · Financials · Estimates · Technical · Ownership
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