We study the efficiency of the first Dirichlet eigenfunction on bounded convex domains , defined as the ratio between the mean value of on and its maximum value. By exploiting improved log-concavity estimates, we establish new sharp lower bounds for the first eigenvalue and upper bounds for the efficiency in terms of the geometry of the domain, refining classical inequalities by Payne, Stakgold, and Hersch. Furthermore, we investigate the asymptotic behavior of the efficiency for elongating planar convex domains, making use of 1D limit profiles and Schr{ö}dinger operators with convex potentials. As a main consequence of our analysis, we prove that among all planar convex domains the Payne-Stakgold upper bound is not optimal, and that there exists a maximizer of the efficiency.

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