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SHOP
Volume: 5.31M
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Shopify Inc (SHOP) P/E Ratio

P/E Ratio as of Nov 24, 2025: 113.74

Average108.59
Median107.17
Minimum96.42
Maximum126.65
113.74
17.69 (18.42%)past month
The P/E ratio for Shopify Inc (SHOP) is 113.74 as of Nov 24, 2025. This represents a increase of 27.77% compared to its 12-month average P/E ratio of 89.02. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.

Shopify Inc P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)

Shopify Inc’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Shopify Inc to industry peers.

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Shopify Inc (SHOP) P/E Ratio Historic Data

DateStock priceP/E ratio
Nov 3, 2025$172.94126.65
Oct 1, 2025$149.5783.07
Sep 2, 2025$139.0477.22
Aug 1, 2025$118.6095.65
Jul 1, 2025$112.6790.86
Jun 2, 2025$106.5485.92
May 1, 2025$97.0162.41
Apr 1, 2025$97.6462.82
Mar 3, 2025$106.5868.57
Feb 3, 2025$114.39107.63
Jan 2, 2025$107.53101.18

Shopify Inc (SHOP) End of Year P/E Ratio

DateP/E ratioChange
2025113.74+13.68%
2024100.05-216.49%
2023-85.89+529.69%
2022-13.64-123.27%
202158.62-86.36%
2020429.91—

FAQs About Shopify Inc (SHOP) P/E ratio

The latest P/E ratio of Shopify Inc (SHOP) is 113.74, as of Nov 24, 2025. This is calculated based on its current stock price and earnings per share (EPS).

Shopify Inc’s last 12-month average P/E ratio is 89.02, compared to its current P/E ratio of 113.74. This reflects a increase of 27.77%.

Shopify Inc’s current P/E ratio of 113.74 is higher than its last 12-month average P/E of 89.02. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.

Shopify Inc’s average P/E ratio over the last 3 years is 63.17. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.

Shopify Inc’s average P/E ratio over the last 5 years is 98.71. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.

Shopify Inc (SHOP)

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