Which has the lower trailing P/E, DBX or PCTY?

DBX has the lower trailing P/E: DBX trades at 18.83 and PCTY at 29.36. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DBX or PCTY?

Over the past five years, PCTY grew revenue faster — DBX at a 4.48% CAGR versus PCTY at 22.75%.

Is DBX or PCTY more profitable?

DBX runs the higher net margin — DBX at 17.49% versus PCTY at 15.23%.

How have DBX and PCTY total returns compared?

Over the past 5 years, DBX delivered 2.97% and PCTY delivered -12.45% annualized total return. Past performance doesn't predict future results.

Dropbox, Inc. (DBX) vs Paylocity Holding Corporation (PCTY)

A side-by-side comparison of Dropbox, Inc. and Paylocity Holding Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

DBX

Dropbox, Inc.

$8.63B

$33.90TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

PCTY

Paylocity Holding Corporation

$7.74B

$144.47TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — DBX vs PCTY

growth of $100 · dividends reinvested · last 9y

DBX +19.7% (+2.0%/yr)PCTY +167.4% (+11.5%/yr)PCTY compounded faster over this window

DBX PCTY

DBX vs PCTY: by the numbers

•DBX is the larger company ($8.63B vs $7.74B market cap).
•DBX trades at the lower trailing earnings multiple (18.83 vs 29.36 P/E), one valuation lens rather than an overall verdict.
•DBX converts more revenue to profit (17.49% vs 15.23% net margin).
•PCTY grew revenue faster over the past five years (22.75% vs 4.48% CAGR).

Metrics side by side

Valuation

Metric	DBX	PCTY
P/E ratio	18.83	29.36
Forward P/E	11.08	16.35
PEG ratio	N/A	0.94
P/S ratio	3.41	4.37
P/B ratio	N/A	6.33
EV / EBITDA	13.97	15.24
FCF yield	11.09%	5.79%

Profitability

Metric	DBX	PCTY
Gross margin	79.72%	69.19%
Operating margin	26.49%	21.79%
Net margin	17.49%	15.23%
ROE	N/A	22.08%
ROIC	31.70%	18.36%

Growth (annualized)

Metric	DBX	PCTY
Revenue CAGR (5Y)	4.48%	22.75%
EPS CAGR (5Y)	N/A	30.87%
FCF CAGR (5Y)	7.39%	38.86%
Total return CAGR (5Y)	2.97%	-12.45%

Frequently asked

Which has the lower trailing P/E, DBX or PCTY?: DBX has the lower trailing P/E: DBX trades at 18.83 and PCTY at 29.36. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DBX or PCTY?: Over the past five years, PCTY grew revenue faster — DBX at a 4.48% CAGR versus PCTY at 22.75%.
Is DBX or PCTY more profitable?: DBX runs the higher net margin — DBX at 17.49% versus PCTY at 15.23%.
How have DBX and PCTY total returns compared?: Over the past 5 years, DBX delivered 2.97% and PCTY delivered -12.45% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DBX analysis Full PCTY analysis Interactive comparison tool

Dig into the metrics

Dropbox P/E ratio Paylocity P/E ratio Dropbox ROE Paylocity ROE Dropbox operating margin Paylocity operating margin Dropbox revenue growth Paylocity revenue growth Dropbox free cash flow Paylocity free cash flow

Dropbox & Paylocity appear in these rankings

Fastest Revenue Growth Stocks Highest ROIC Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.