Dropbox
DBX
#2062
Rank
$7.33 B
Marketcap
$22.83
Share price
-0.26%
Change (1 day)
0.09%
Change (1 year)
Dropbox Inc. is an American company that operates a file hosting service.

P/E ratio for Dropbox (DBX)

P/E ratio as of May 2024 (TTM): 15.3

According to Dropbox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3221. At the end of 2022 the company had a P/E ratio of 14.4.

P/E ratio history for Dropbox from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.4-48.22%
202127.9-179.17%
2020-35.2-74.43%
2019-1381363.33%
2018-9.41

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-401.40%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.