DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.
P/E ratio for DigitalOcean Holdings, Inc. (DOCN)
P/E ratio as of 2023: 170.40
According to DigitalOcean Holdings, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 170.40. At the end of 2022 the company had a P/E ratio of -105.73.
P/E ratio history for DigitalOcean Holdings, Inc. from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 170.40 |
| 2022 | -105.73 |
| 2021 | -441.57 |
| 2020 | -102.72 |
| 2019 | -110.80 |
| 2018 | -102.86 |