Shopify
SHOP
$71.66
Share price
1.57%
Change (1 day)
54.24%
Change (1 year)
Categories
Shopify (SHOP) - P/B ratio
P/B ratio as of April 2024 : 10.1
According to Shopify's latest financial reports the company has a price-to-book ratio of 10.1.
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 |
|---|---|---|
| 2023-12-31 | 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 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 MercadoLibre MELI | 22.9 | 126.25% | 🇦🇷 Argentina |
 Etsy ETSY | -14.6 | -244.81% | 🇺🇸 USA |