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DOCU (Docusign) Cyclically Adjusted PB Ratio : 35.28 (As of Jul. 05, 2025)


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What is Docusign Cyclically Adjusted PB Ratio?

As of today (2025-07-05), Docusign's current share price is $79.02. Docusign's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan25 was $2.24. Docusign's Cyclically Adjusted PB Ratio for today is 35.28.

The historical rank and industry rank for Docusign's Cyclically Adjusted PB Ratio or its related term are showing as below:

DOCU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 32.24   Med: 37.13   Max: 43.18
Current: 35.22

During the past 10 years, Docusign's highest Cyclically Adjusted PB Ratio was 43.18. The lowest was 32.24. And the median was 37.13.

DOCU's Cyclically Adjusted PB Ratio is ranked worse than
97.47% of 1504 companies
in the Software industry
Industry Median: 2.7 vs DOCU: 35.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Docusign's adjusted book value per share data of for the fiscal year that ended in Jan25 was $9.891. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $2.24 for the trailing ten years ended in Jan25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Docusign Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Docusign's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Docusign Cyclically Adjusted PB Ratio Chart

Docusign Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 43.11

Docusign Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 43.11 -

Competitive Comparison of Docusign's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Docusign's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Docusign's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Docusign's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Docusign's Cyclically Adjusted PB Ratio falls into.


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Docusign Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Docusign's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.02/2.24
=35.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Docusign's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan25 is calculated as:

For example, Docusign's adjusted Book Value per Share data for the fiscal year that ended in Jan25 was:

Adj_Book=Book Value per Share/CPI of Jan25 (Change)*Current CPI (Jan25)
=9.891/134.0288*134.0288
=9.891

Current CPI (Jan25) = 134.0288.

Docusign Annual Data

Book Value per Share CPI Adj_Book
201601 -1.815 99.957 -2.434
201701 -2.284 102.456 -2.988
201801 -2.226 104.578 -2.853
201901 3.629 106.200 4.580
202001 3.014 108.841 3.712
202101 1.689 110.364 2.051
202201 1.386 118.619 1.566
202301 3.057 126.223 3.246
202401 5.502 130.124 5.667
202501 9.891 134.029 9.891

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Docusign  (NAS:DOCU) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Docusign Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Docusign's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Docusign Business Description

Industry
Traded in Other Exchanges
Address
221 Main Street, Suite 1550, San Francisco, CA, USA, 94105
Docusign offers Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its initial public offering in 2018.
Executives
Blake Jeffrey Grayson officer: Chief Financial Officer 2212 EVERETT AVENUE E, SEATTLE WA 98102
James P Shaughnessy officer: Chief Legal Officer 4460 HACIENDA DR., PLEASANTON CA 94588
Allan C. Thygesen director, officer: President and CEO 20 DAVIS DRIVE, BELMONT CA 94002
Robert Chatwani officer: President General Mgr, Growth 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Teresa Briggs director 2225 LAWSON LANE, SANTA CLARA CA 95054
Peter Solvik director 2105 SOUTH BASCOM AVE. #370, CAMPBELL CA 95008
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Daniel D. Springer director, officer: President and CEO C/O DOCUSIGN, INC., 221 MAIN ST., SUITE 1000, SAN FRANCISCO CA 94105
Stephen Shute officer: President, Field Operations 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Anna Marrs director 200 VESEY STREET, NEW YORK NY 10285
Inhi Cho Suh officer: President, Product Engineering C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1000, SAN FRANCISCO CA 94105
Scott V. Olrich officer: Chief Strategy and Marketing C/O DOCUSIGN, INC., 221 MAIN ST., SUITE 1000, SAN FRANCISCO CA 94105
Cynthia Gaylor director C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Tram T Phi officer: SVP, General Counsel C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Loren Alhadeff officer: Chief Revenue Officer C/O DOCUSIGN, INC., SUITE 1000, SAN FRANCISCO CA 94105