DOCS Valuation
Doximity Inc
$
65.130
- Overview
- Forecast
- Valuation
- Earnings
DOCS Relative Valuation
DOCS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DOCS is overvalued; if below, it's undervalued.
Historical Valuation
Doximity Inc (DOCS) is now in the Fair zone, suggesting that its current forward PE ratio of 42.67 is considered Fairly compared with the five-year average of 58.43. The fair price of Doximity Inc (DOCS) is between 37.03 to 154.13 according to relative valuation methord.
Relative Value
Fair Zone
37.03-154.13
Current Price：65.13
Fair
42.67
PE
1Y
3Y
5Y
Trailing
Forward
32.09
EV/EBITDA
Doximity Inc. (DOCS) has a current EV/EBITDA of 32.09. The 5-year average EV/EBITDA is 38.26. The thresholds are as follows: Strongly Undervalued below -22.20, Undervalued between -22.20 and 8.03, Fairly Valued between 68.50 and 8.03, Overvalued between 68.50 and 98.73, and Strongly Overvalued above 98.73. The current Forward EV/EBITDA of 32.09 falls within the Historic Trend Line -Fairly Valued range.
33.04
EV/EBIT
Doximity Inc. (DOCS) has a current EV/EBIT of 33.04. The 5-year average EV/EBIT is 37.76. The thresholds are as follows: Strongly Undervalued below -16.05, Undervalued between -16.05 and 10.86, Fairly Valued between 64.67 and 10.86, Overvalued between 64.67 and 91.57, and Strongly Overvalued above 91.57. The current Forward EV/EBIT of 33.04 falls within the Historic Trend Line -Fairly Valued range.
18.80
PS
Doximity Inc. (DOCS) has a current PS of 18.80. The 5-year average PS is 17.48. The thresholds are as follows: Strongly Undervalued below -1.49, Undervalued between -1.49 and 7.99, Fairly Valued between 26.97 and 7.99, Overvalued between 26.97 and 36.45, and Strongly Overvalued above 36.45. The current Forward PS of 18.80 falls within the Historic Trend Line -Fairly Valued range.
37.42
P/OCF
Doximity Inc. (DOCS) has a current P/OCF of 37.42. The 5-year average P/OCF is 45.63. The thresholds are as follows: Strongly Undervalued below -18.94, Undervalued between -18.94 and 13.35, Fairly Valued between 77.92 and 13.35, Overvalued between 77.92 and 110.20, and Strongly Overvalued above 110.20. The current Forward P/OCF of 37.42 falls within the Historic Trend Line -Fairly Valued range.
38.27
P/FCF
Doximity Inc. (DOCS) has a current P/FCF of 38.27. The 5-year average P/FCF is 44.73. The thresholds are as follows: Strongly Undervalued below -2.29, Undervalued between -2.29 and 21.22, Fairly Valued between 68.24 and 21.22, Overvalued between 68.24 and 91.75, and Strongly Overvalued above 91.75. The current Forward P/FCF of 38.27 falls within the Historic Trend Line -Fairly Valued range.
Doximity Inc (DOCS) has a current Price-to-Book (P/B) ratio of 11.90. Compared to its 3-year average P/B ratio of 7.40 , the current P/B ratio is approximately 60.89% higher. Relative to its 5-year average P/B ratio of 9.21, the current P/B ratio is about 29.28% higher. Doximity Inc (DOCS) has a Forward Free Cash Flow (FCF) yield of approximately 2.41%. Compared to its 3-year average FCF yield of 2.88%, the current FCF yield is approximately -16.30% lower. Relative to its 5-year average FCF yield of 2.42% , the current FCF yield is about -0.39% lower.
11.90
P/B
Median3y
7.40
Median5y
9.21
2.41
FCF Yield
Median3y
2.88
Median5y
2.42
Competitors Valuation Multiple
The average P/S ratio for DOCS's competitors is 7.69, providing a benchmark for relative valuation. Doximity Inc Corp (DOCS) exhibits a P/S ratio of 18.80, which is 144.49% above the industry average. Given its robust revenue growth of 15.19%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of DOCS increased by 77.08% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 37.13 to 55.71.
The secondary factor is the Revenue Growth, contributed 15.19%to the performance.
Overall, the performance of DOCS in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
Is Doximity Inc (DOCS) currently overvalued or undervalued?
Doximity Inc (DOCS) is now in the Fair zone, suggesting that its current forward PE ratio of 42.67 is considered Fairly compared with the five-year average of 58.43. The fair price of Doximity Inc (DOCS) is between 37.03 to 154.13 according to relative valuation methord.
What is Doximity Inc (DOCS) fair value?
How does DOCS's valuation metrics compare to the industry average?
What is the current P/B ratio for Doximity Inc (DOCS) as of Aug 18 2025?
What is the current FCF Yield for Doximity Inc (DOCS) as of Aug 18 2025?
What is the current Forward P/E ratio for Doximity Inc (DOCS) as of Aug 18 2025?