Docusign (MEX:DOCU) Shiller PE Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DOCU Docusign Inc MEX:DOCU
63 GF Score
Price MXN942.00
GF Value MXN1,278.44
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Docusign Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Docusign  (MEX:DOCU) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Docusign Shiller PE Ratio Related Terms


Docusign Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Docusign's Shiller PE 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 Shiller PE Ratio Chart

Docusign Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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

MEX:DOCU vs FROG, BSY, MANH: Shiller PE Ratio Comparison

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

For the Software industry and Technology sector, Docusign's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Docusign's Shiller PE Ratio falls into.


MEX:DOCU
63GF Score
Docusign Inc MEX:DOCU
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Docusign Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Docusign's E10 for the fiscal year that ended in Jan26 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan26 (Change)*Current CPI (Jan26)
=25.677/325.2520*325.2520
=25.677

Current CPI (Jan26) = 325.2520.

Docusign Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201701 -86.884 242.839 -116.370
201801 -30.912 247.867 -40.563
201901 -60.206 251.712 -77.796
202001 -22.290 257.971 -28.103
202101 -26.534 261.582 -32.992
202201 -7.429 281.148 -8.594
202301 -9.211 299.170 -10.014
202401 6.183 308.417 6.521
202501 104.795 317.671 107.296
202601 25.677 325.252 25.677

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is Docusign (MEX:DOCU) Overvalued in 2026?

Based on GuruFocus' analysis, Docusign stock appears to be undervalued. The current stock price of MXN942.00 is trading 26.3% below its estimated GF Value™ of MXN1,278.44. GuruFocus considers Docusign to be Modestly Undervalued.

Key valuation signals for MEX:DOCU:

  • Shiller PE Ratio:
  • GF Value™: MXN1,278.44 vs. price of MXN942.00 (26.3% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the MEX:DOCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
63GF Score

Get the complete analysis for MEX:DOCU

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN942.00
Price
MXN1,278.44
GF Value