Shopify Inc.

Shopify Inc.verified

SHOP

Price:

$67.01

Market Cap:

$86.47B

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and a...[Read more]

Industry

Software - Application

IPO Date

2015-05-20

Stock Exchange

NYSE

Ticker

SHOP

The PE Ratio as of September 2024 (TTM) for Shopify Inc. (SHOP) is 67.69

According to Shopify Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 67.69. This represents a change of 194.00% compared to the average of 23.02 of the last 4 quarters.

Shopify Inc. (SHOP) Historical PE Ratio (quarterly & annually)

How has SHOP PE Ratio performed in the past?

The mean historical PE Ratio of Shopify Inc. over the last ten years is 10.92. The current 67.69 PE Ratio has changed 61.87% with respect to the historical average. Over the past ten years (40 quarters), SHOP's PE Ratio was at its highest in in the December 2019 quarter at 14.96K. The PE Ratio was at its lowest in in the December 2018 quarter at -2462.99.

Quarterly (TTM)
Annual

Average

10.92

Median

-87.92

Minimum

-359.95

Maximum

756.31

Shopify Inc. (SHOP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Shopify Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 148.05%

Maximum Annual PE Ratio = 756.31

Minimum Annual Increase = -6054.55%

Minimum Annual PE Ratio = -359.95

Quarterly (TTM)
Annual
YearPE RatioChange
2023756.31-6054.55%
2022-12.70-121.56%
202158.91-86.09%
2020423.61-217.69%
2019-359.9558.82%
2018-226.64-10.28%
2017-252.61148.05%
2016-101.8420.18%
2015-84.74-6.99%
2014-91.11-78.32%

Shopify Inc. (SHOP) Average PE Ratio

How has SHOP PE Ratio performed in the past?

The current PE Ratio of Shopify Inc. (SHOP) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

267.51

5-year avg

173.24

10-year avg

10.92

Shopify Inc. (SHOP) PE Ratio vs. Peers

How is SHOP’s PE Ratio compared to its peers?

Shopify Inc.’s PE Ratio is greater than Zoom Video Communications, Inc. (23.72), greater than C3.ai, Inc. (-9.57), greater than Salesforce, Inc. (41.76), greater than Workday, Inc. (43.83), greater than Snowflake Inc. (-35.64), greater than Intuit Inc. (58.13), less than Datadog, Inc. (220.17), less than ServiceNow, Inc. (148.05), greater than Unity Software Inc. (-7.85),

CompanyPE RatioMarket cap
23.72$20.68B
-9.57$2.63B
41.76$233.24B
43.83$67.72B
-35.64$36.39B
58.13$172.41B
220.17$36.14B
148.05$169.96B
-7.85$6.29B

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Frequently asked questions❓

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