Doximity, Inc.

DOCS Healthcare Health Information Services

Doximity, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $644.9 million, up 13.1% from fiscal 2025.

Revenue
+3.57%
EPS
−42.4%
Free cash flow
+1.87%

Quarter to September 2026, against a year earlier

32.14 1.04 −3.13%
Market cap
$5.9B
P/E
44.4×
Fwd P/E
49.7×
Dividend yield
—
F-score
5/9
Altman Z
17.11
Beneish M
−2.93
Dividend safety
n/a

Doximity, Inc. (DOCS) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Doximity, Inc. (DOCS) trades at a P/B ratio of 6.4×. Over the past ten years it has ranged from 3.5× (May 2026) to 65.0× (June 2021); the current reading is higher than 38% of that period. That is above the Health Information Services industry median of 1.9× and above the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 4.6× (54.24%)
FY2025 10.0× 79.74%
FY2024 5.6× (13.94%)
FY2023 6.5× (33.20%)
FY2022 9.7× (83.58%)
FY2021 59.0× 0.00%
FY2020 59.0× 0.00%
FY2019 59.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 5.5× 31.94%
Jun 2026 4.1× (9.80%)
Mar 2026 4.6× (45.94%)
Dec 2025 8.5× (32.36%)
23 more quarters

Against its own ten years

Low 3.5× High 65.0×
Ten-year median 7.0×
Current reading's percentile 38

P/B ratio against peers

Company P/B ratio
WAY Waystar Holding Corp. compare 1.4×
PRVA Privia Health Group, Inc. compare 3.5×
HQY HealthEquity, Inc. compare 4.3×
BTSG BrightSpring Health Services, Inc. compare 6.3×
DOCS Doximity, Inc. 6.4×
SDGR Schrodinger, Inc. compare 7.2×
HTFL Heartflow, Inc. compare 16.1×
TEM Tempus AI, Inc. compare 25.5×
HNGE Hinge Health Inc. compare 26.6×
Health Information Services industry median 1.9×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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