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Shopify Inc
NYSE:SHOP

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Shopify Inc
NYSE:SHOP
Watchlist
Price: 70.2 USD -3.15% Market Closed
Updated: May 1, 2024

P/E
Price to Earnings

679.1
Current
38.9
Median
24.3
Industry
Higher than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
679.1
=
Market Cap
90.3B
/
Net Income
133m
All Countries
Close
Market Cap P/E
CA
Shopify Inc
NYSE:SHOP
90.3B USD 679.1
US
Snowflake Inc.
NYSE:SNOW
51.8B USD -62
US
Cloudflare Inc
NYSE:NET
29.5B USD -160.4
US
MongoDB Inc
NASDAQ:MDB
26.6B USD -150.4
US
GoDaddy Inc
NYSE:GDDY
17.4B USD 12.7
US
Verisign Inc
NASDAQ:VRSN
17.4B USD 21
US
Okta Inc
NASDAQ:OKTA
15.5B USD -43.8
US
Akamai Technologies Inc
NASDAQ:AKAM
15.3B USD 27.9
US
Twilio Inc
NYSE:TWLO
10.9B USD -10.7
US
Switch Inc
NYSE:SWCH
8.4B USD 22.1
IL
Wix.Com Ltd
NASDAQ:WIX
6.8B USD 205.1
Earnings Growth
CA
Shopify Inc
NYSE:SHOP
Average P/E: 161.3
679.1
1 589%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -62 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -160.4 N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -150.4 N/A
US
GoDaddy Inc
NYSE:GDDY
12.7
-19%
US
Verisign Inc
NASDAQ:VRSN
21
20%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -43.8 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
27.9
124%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -10.7 N/A
US
Switch Inc
NYSE:SWCH
22.1
N/A
IL
Wix.Com Ltd
NASDAQ:WIX
205.1
1 224%

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
67.8
2-Years Forward
P/E
52.1
3-Years Forward
P/E
40.2

See Also

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