According to Shopify's latest financial reports the company has a price-to-book ratio of 8.22.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 11.0 | 105.91% |
2022-12-31 | 5.36 | -65.22% |
2021-12-31 | 15.4 | -28.22% |
2020-12-31 | 21.5 | 40.69% |
2019-12-31 | 15.3 | 108.5% |
2018-12-31 | 7.32 | -27.03% |
2017-12-31 | 10.0 | 8.17% |
2016-12-31 | 9.27 | -11.85% |
2015-12-31 | 10.5 | |
2014-12-31 | N/A |
Company | P/B ratio | differencediff. | Country |
---|---|---|---|
MercadoLibre MELI | 28.7 | 249.46% | ๐ฆ๐ท Argentina |
Etsy ETSY | -12.8 | -256.26% | ๐บ๐ธ USA |