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Docusign (FRA:DS3) Cyclically Adjusted PS Ratio : 6.90 (As of Jun. 01, 2025)


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What is Docusign Cyclically Adjusted PS Ratio?

As of today (2025-06-01), Docusign's current share price is €77.70. Docusign's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan25 was €11.26. Docusign's Cyclically Adjusted PS Ratio for today is 6.90.

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

FRA:DS3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.18   Med: 7.16   Max: 8.28
Current: 7.59

During the past 10 years, Docusign's highest Cyclically Adjusted PS Ratio was 8.28. The lowest was 6.18. And the median was 7.16.

FRA:DS3's Cyclically Adjusted PS Ratio is ranked worse than
82.45% of 1373 companies
in the Software industry
Industry Median: 2.08 vs FRA:DS3: 7.59

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Docusign's adjusted revenue per share data of for the fiscal year that ended in Jan25 was €13.671. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €11.26 for the trailing ten years ended in Jan25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Docusign Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Docusign Cyclically Adjusted PS Ratio Chart

Docusign Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.28

Docusign Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - - - - 8.28

Competitive Comparison of Docusign's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=77.70/11.26
=6.90

* 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 Revenue per Share for the fiscal year that ended in Jan25 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jan25 (Change)*Current CPI (Jan25)
=13.671/134.0288*134.0288
=13.671

Current CPI (Jan25) = 134.0288.

Docusign Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201601 1.647 99.957 2.208
201701 12.797 102.456 16.740
201801 13.166 104.578 16.874
201901 4.543 106.200 5.733
202001 4.966 108.841 6.115
202101 6.422 110.364 7.799
202201 9.471 118.619 10.701
202301 11.621 126.223 12.340
202401 12.134 130.124 12.498
202501 13.671 134.029 13.671

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  (FRA:DS3) 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

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


Docusign Business Description

Industry
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.

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