DigitalOcean price to book ratio DOCN
Market value divided by the book value of the company's net assets, since 2021.
- Today, Oct 23, 2026
- 11.8×
- 5-year median
- 12.5×
- Against its 5-year history
- 45th
- percentile: 0 is its lowest day, 100 its highest
- 5-year range
- 4.7× to 113×
- Peer median
- 5.8×
DigitalOcean's price to book ratio is 11.8× as of Oct 23, 2026.
That is below its 5-year median of 12.5×, close to the middle of its last 5 years.
Over that time it ranged from 4.7× in May 2021 to 113× in Feb 2023.
The median for 10 application software stocks of a similar size is 5.8×.
Price to book ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 11.8× | 11.8× | 20.4× |
| 2025 | n/m a value too high to mean anything | ||
| 2024 | n/m a value too high to mean anything | ||
| 2023 | 62.3× | 59.7× | 113× |
| 2022 | 81.2× | 6.3× | 105× |
| 2021 | 9.7× | 4.7× | 15.5× |
Against its peers
Companies in Software - Application nearest DigitalOcean's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| DOCNDigitalOcean | 11.8× |
| ESTCElastic | 8.3× |
| MTCHMatch | n/m |
| FDSFactset Research Systems | 5.8× |
| PINSPinterest | 4.4× |
| HNGEHinge Health | 26.1× |
| HUBSHubSpot | 8.2× |
| RNGRingCentral | n/m |
| FICOFair Isaac | n/m |
| SSNCSS&C Technologies | 2.9× |
| TTDTrade Desk | 2.4× |
| Peer median | 5.8× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on DigitalOcean
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.