RingCentral, Inc. (RNG)

Services-Computer Processing & Data Preparation

Latest Price

$83.70

TTM P/E

11.07

Normalized P/E

TTM Div Yield

0.33%

Fwd Div Yield

0.60%

Book Value

0.52

P/B Ratio

162.27

Valuation metrics

Base FCF: $376M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$301.46

+260% upside

EPS: $0.48

Target P/E: 11×

Formula: EPS × P/E

P/E Fair Value

$5.28

94% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Capital World Investors	11.08M	$432.0M	13.22%	+105.7K	2026-06-30
BlackRock, Inc.	10.80M	$420.0M	12.88%	-396.8K	2026-06-30
Vanguard Portfolio Management LLC	6.50M	$253.0M	7.75%	-732.3K	2026-06-30
Ameriprise Financial Inc	5.12M	$199.0M	6.11%	-485.5K	2026-06-30
Lsv Asset Management	3.98M	$155.0M	4.74%	+724.6K	2026-06-30
Vanguard Capital Management LLC	3.33M	$129.0M	3.98%	-16.8K	2026-06-30
State Street Corp	3.02M	$117.0M	3.60%	+111.0K	2026-06-30
First Trust Advisors LP	2.35M	$91.0M	2.80%	+766.9K	2026-06-30
Quantinno Capital Management LP	2.24M	$87.0M	2.67%	+261.5K	2026-06-30
Alyeska Investment Group, L.P.	2.05M	$79.0M	2.44%	+590.2K	2026-06-30