Shopify
SHOP
#169
Rank
$90.10 B
Marketcap
$68.57
Share price
-2.04%
Change (1 day)
41.32%
Change (1 year)

Shopify (SHOP) - P/B ratio

P/B ratio as of April 2024 : 9.74

According to Shopify's latest financial reports the company has a price-to-book ratio of 9.74.
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 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-3111.0105.91%
2022-12-315.36-65.22%
2021-12-3115.4-28.22%
2020-12-3121.540.69%
2019-12-3115.3108.5%
2018-12-317.32-27.03%
2017-12-3110.08.17%
2016-12-319.27-11.85%
2015-12-3110.5
2014-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
23.4 140.09%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
-14.5-249.38%๐Ÿ‡บ๐Ÿ‡ธ USA