According to Shopify's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.0434. At the end of 2021 the company had a P/E ratio of 586.
Year | P/E ratio | Change |
---|---|---|
2021 | 586 | -86.38% |
2020 | > 1000 | -1301.63% |
2019 | -358 | 60.4% |
2018 | -223 | -7.14% |
2017 | -240 | 135.6% |
2016 | -102 | 6.82% |
2015 | -95.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Stamps.com
STMP | N/A | N/A | ๐บ๐ธ USA |
![]() MercadoLibre MELI | 227 | -1,357.21% | ๐ฆ๐ท Argentina |
![]() Etsy ETSY | -22.1 | 22.72% | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.