Shopify Inc.
Shopify Inc. (SHOP) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
shop · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Shopify Inc. (SHOP) measures how much investors pay for each dollar of the company's trailing earnings. SHOP's current PE ratio of 108.87x is calculated by dividing its stock price of $111.26 by its TTM earnings per share of $1.02. −63.1% discount vs 5Y avg 295.4x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2012 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 5 fiscal years · Front-end computedMinQ1 · 25%169.9x
MedianQ3 · 75%756.3x
Max
At 108.87x, SHOP's current P/E is within its average historical range over the past 5 fiscal years.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Software - Application · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Shopify Inc.You SHOP | $144.4B | 108.87x | +162.1% | $1.02 |
 Applied Materials, Inc. AMAT | $388.0B | 26.58x | -36.0% | $8.70 |
 Arista Networks, Inc. ANET | $196.2B | 46.94x | +13.0% | $2.79 |
 AppLovin Corporation APP | $190.6B | 68.47x | +64.9% | $9.84 |
 Salesforce, Inc. CRM | $149.9B | 27.05x | -34.9% | $7.85 |
 Intuit Inc. INTU | $82.9B | 56.82x | +36.8% | $13.82 |
 Lam Research Corporation LRCX | $406.1B | 23.36x | -43.8% | $4.17 |
Industry Average 6 peers with valid PE | — | 41.54x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 169.86x | $0.95 | +149.1% | |
2024-12-31 FY2024 | 68.18x | $1.56 | -91.0% | |
2023-12-31 FY2023 | 756.31x | $0.10 | — | |
2022-12-31 FY2022 | — | $-2.73 | — | |
2021-12-31 FY2021 | 58.91x | $2.34 | -86.1% | |
2020-12-31 FY2020 | 423.61x | $0.27 | — | |
2019-12-31 FY2019 | — | $-0.11 | — | |
2018-12-31 FY2018 | — | $-0.06 | — | |
2017-12-31 FY2017 | — | $-0.04 | — | |
2016-12-31 FY2016 | — | $-0.04 | — |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Shopify Inc. (SHOP) measures how much investors pay for each dollar of the company's trailing earnings. SHOP's current PE ratio of 108.87x is calculated by dividing its stock price of $111.26 by its TTM earnings per share of $1.02.
Frequently asked questions
SHOP pe ratio · 6 questionsSHOP's current PE ratio is 108.87x as of 2026-06-08, based on a stock price of $111.26 and TTM EPS of $1.02. Data sourced from Financial Modeling Prep via SHOP's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Shopify Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08