Shopify
SHOP
$59.28
Share price
-0.47%
Change (1 day)
51.42%
Change (1 year)
Categories
Shopify (SHOP) - P/B ratio
P/B ratio as of June 2023 : 9.84
According to Shopify's latest financial reports the company has a price-to-book ratio of 9.84.
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.
Shopify - P/B ratio (from 2015 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 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 | INF% |
| 2014-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 MercadoLibre MELI | 30.9 | 214.27% | 🇦🇷 Argentina |
 Etsy ETSY | -20.6 | -309.04% | 🇺🇸 USA |