Dropbox (DBX) Price to Book (2018 - 2026)
Dropbox's (DBX) quarterly Price to Book came in at 2.76 in Q2 2026, up 52.92% on a YoY basis from 1.8 in Q2 2025, and down 6.03% quarter-over-quarter from 2.6 in Q1 2026.
Analysis
Dropbox (DBX) Price to Book (2018 - 2026) Analysis & Trends
Dropbox (DBX) has reported Price to Book for 9 consecutive years, with 2.76 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book rose 52.92% year-over-year to 2.76; the trailing twelve-month figure through Jun 2026 stood at 2.76 (up 52.92% YoY), and the FY2025 full-year result was 3.76, up 68.2% from the prior year.
- Price to Book declined to 2.76 in Q2 2026 per DBX's latest filing, from 2.6 in the prior quarter.
- Across five years, Price to Book topped out at 2.6 in Q1 2026 and bottomed at 59.87 in Q4 2023.
- Historically, Price to Book has averaged 16.64 across 5 years, with a median of 14.1 in 2022.
- The sharpest annual moves came in 2022 and 2023: Price to Book jumped 88.73% in 2022, then tumbled 136.88% in 2023.
- Over 5 years, Price to Book stood at 25.27 in 2022, then sank by 136.88% to 59.87 in 2023, then surged by 80.27% to 11.81 in 2024, then surged by 68.2% to 3.76 in 2025, then rose by 26.6% to 2.76 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 2.76, 2.6, and 3.76 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.76 |
| Mar 31, 2026 | -2.60 |
| Dec 31, 2025 | -3.76 |
| Sep 30, 2025 | -5.04 |
| Jun 30, 2025 | -5.86 |
| Mar 31, 2025 | -6.94 |
| Dec 31, 2024 | -11.81 |
| Sep 30, 2024 | -14.26 |
| Jun 30, 2024 | -19.29 |
| Mar 31, 2024 | -28.73 |
| Dec 31, 2023 | -59.87 |
| Sep 30, 2023 | -26.29 |
| Jun 30, 2023 | -21.99 |
| Mar 31, 2023 | -20.35 |
| Dec 31, 2022 | -25.27 |
| Sep 30, 2022 | -12.44 |
| Jun 30, 2022 | -13.93 |
| Mar 31, 2022 | -18.42 |
| Dec 31, 2021 | -31.35 |
| Sep 30, 2021 | -68.79 |