Dropbox PE ratio DBX

Share price divided by earnings per share over the last twelve months, since 2020.

Today, Oct 23, 2026: 21.0×
6-year median: 18.3×
Against its 6-year history: 70th; percentile: 0 is its lowest day, 100 its highest
6-year range: 11.9× to 296×
Peer median: 36.6×

Dropbox's PE ratio is 21.0× as of Oct 23, 2026: a share price of $37.83 against $1.80 of earnings per share over the last twelve months.

That is above its 6-year median of 18.3×, higher than on 70% of days in the last 6 years.

Over that time it ranged from 11.9× in Apr 2026 to 296× in Aug 2020.

The median for 10 infrastructure software stocks of a similar size is 36.6×.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	21.0×	11.9×	21.0×
2025	15.9×	15.5×	21.0×
2024	17.6×	13.3×	20.9×
2023	18.5×	12.4×	25.6×
2022	23.8×	21.2×	27.8×
2021	123×	116×	131×
2020	117×	100×	296×

Against its peers

Companies in Software - Infrastructure nearest Dropbox's size, closest first, today.

Company	PE ratio
DBXDropbox	21.0×
PCTYPaylocity	35.8×
QLYSQualys	37.5×
APPFAppfolio	48.1×
PATHUiPath	21.1×
CVLTCommvault Systems	108×
OTEXOpen Text	10.8×
YOUClear Secure	30.9×
SAICScience Applications International	17.0×
BSYBentley Systems	43.6×
BOXBox	62.6×
Peer median	36.6×

Where Dropbox ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Dropbox

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.