Docusign (BUE:DOCU) Cyclically Adjusted PS Ratio: (As of Jul. 07, 2026)


What is Docusign Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Docusign  (BUE:DOCU) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Docusign Cyclically Adjusted PS Ratio Related Terms


Docusign Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Docusign's Cyclically Adjusted PS 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.

Docusign Cyclically Adjusted PS Ratio Chart

Docusign Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 8.28 3.96

Docusign Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS 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 0.00 0.00 0.00 3.96 0.00

BUE:DOCU vs BSY, MANH, HUBS: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Docusign's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Software Industry

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

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



Docusign Cyclically Adjusted PS Ratio Calculation

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

Docusign's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan26 is calculated as:

For example, Docusign's adjusted Revenue per Share data for the fiscal year that ended in Jan26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan26 (Change)*Current CPI (Jan26)
=22232.364/325.2520*325.2520
=22,232.364

Current CPI (Jan26) = 325.2520.

Docusign Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201701 216.997 242.839 290.640
201801 315.118 247.867 413.499
201901 195.091 251.712 252.089
202001 329.941 257.971 415.992
202101 657.688 261.582 817.772
202201 1,100.133 281.148 1,272.712
202301 2,214.684 299.170 2,407.763
202401 10,686.018 308.417 11,269.316
202501 14,877.255 317.671 15,232.290
202601 22,232.364 325.252 22,232.364

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Business Description

Address 221 Main Street, Suite 800, 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.