Docebo Inc. (DCBO) vs Grid Dynamics Holdings, Inc. (GDYN)
A side-by-side comparison of Docebo Inc. and Grid Dynamics Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
DCBO
Docebo Inc.
$24.02TechnologyDelayed quote: Oct 6, 2026, 11:04 AM EDT
GDYN
Grid Dynamics Holdings, Inc.
$7.84TechnologyDelayed quote: Oct 6, 2026, 11:05 AM EDT
Total return — DCBO vs GDYN
growth of $100 · dividends reinvested · last 6yDCBO -52.6% (-11.7%/yr)GDYN -26.1% (-4.9%/yr)GDYN compounded faster over this window
DCBO GDYN
DCBO vs GDYN: by the numbers
- •GDYN is the larger company ($636M vs $610M market cap).
- •DCBO trades at the lower trailing earnings multiple (20.65 vs 288.24 P/E), one valuation lens rather than an overall verdict.
- •DCBO converts more revenue to profit (12.98% vs 0.68% net margin).
- •DCBO grew revenue faster over the past five years (25.79% vs 24.16% CAGR).
Metrics side by side
Valuation
| Metric | DCBO | GDYN |
|---|---|---|
| P/E ratio | 20.65 | 288.24 |
| Forward P/E | 14.06 | N/A |
| P/S ratio | 2.35 | 1.51 |
| P/B ratio | N/A | 1.22 |
| EV / EBITDA | 23.45 | 14.75 |
| FCF yield | 5.64% | 2.52% |
Profitability
| Metric | DCBO | GDYN |
|---|---|---|
| Gross margin | 79.40% | 34.72% |
| Operating margin | 8.64% | -0.44% |
| Net margin | 12.98% | 0.68% |
| ROE | N/A | 0.55% |
| ROIC | 23.03% | -0.19% |
Growth (annualized)
| Metric | DCBO | GDYN |
|---|---|---|
| Revenue CAGR (5Y) | 25.79% | 24.16% |
| FCF CAGR (5Y) | 63.41% | 8.96% |
| Total return CAGR (5Y) | -19.64% | -23.01% |
Frequently asked
- Which has the lower trailing P/E, DCBO or GDYN?
- DCBO has the lower trailing P/E: DCBO trades at 20.65 and GDYN at 288.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DCBO or GDYN?
- Over the past five years, DCBO grew revenue faster — DCBO at a 25.79% CAGR versus GDYN at 24.16%.
- Is DCBO or GDYN more profitable?
- DCBO runs the higher net margin — DCBO at 12.98% versus GDYN at 0.68%.
- How have DCBO and GDYN total returns compared?
- Over the past 5 years, DCBO delivered -19.64% and GDYN delivered -23.01% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Docebo P/E ratioGrid Dynamics P/E ratioDocebo ROEGrid Dynamics ROEDocebo operating marginGrid Dynamics operating marginDocebo revenue growthGrid Dynamics revenue growthDocebo free cash flowGrid Dynamics free cash flow
Docebo & Grid Dynamics appear in these rankings
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 6, 2026.