Digitalocean Holdings Inc (DOCN) valuation
Digitalocean P/E ratio history
Digitalocean trades at 41.1 times its earnings over the last twelve months and 54.7 times the earnings analysts expect over the next twelve. At its last 3 fiscal year ends its P/E ranged from 19.1 (year to Dec 2025) to 174.7 (year to Dec 2023), with a median of 39.2.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $48.12 | $2.52 | 19.1 | 24.2 |
| Dec 31, 2024 | $34.07 | $0.87 | 39.2 | 18.9 |
| Dec 31, 2023 | $36.69 | $0.21 | 174.7 | 23.3 |
| Dec 31, 2022 | $25.47 | -$0.28 | n/m | — |
| Dec 31, 2021 | $80.33 | -$0.21 | n/m | 154.4 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Digitalocean valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| DigitaloceanDOCN | $9.36B | 41.1 | 54.7 | 9.3 |
| RambusRMBS | $9.18B | 34.8 | 22.9 | 11.5 |
| SanminaSANM | $8.87B | 29.6 | 12.2 | 0.7 |
| NovaNVMI | $9.93B | 39.0 | 25.7 | 10.6 |
| Ttm TechnologiesTTMI | $8.74B | 33.2 | 11.1 | 2.3 |
| SentinelOneS | $8.62B | — | 64.5 | 7.9 |
| Iris EnergyIREN | $8.56B | — | — | 12.1 |
| Advanced Energy IndustriesAEIS | $8.45B | 41.3 | 16.6 | 4.1 |
| ViasatVSAT | $10.5B | — | — | 2.3 |
| Peer median | 34.8 | 19.8 | 6.0 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: DOCN financials · DOCN returns
No forecast, no recommendation. This page describes Digitalocean Holdings Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.