Which has the lower trailing P/E, SAP or SHOP?

SAP has the lower trailing P/E: SAP trades at 25.23 and SHOP at 98.95. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, SAP or SHOP?

Over the past five years, SHOP grew revenue faster — SAP at a 6.60% CAGR versus SHOP at 28.06%.

Does SAP or SHOP pay a bigger dividend?

SAP pays a dividend (1.47% yield), while SHOP has no payments in the available dividend history.

Is SAP or SHOP more profitable?

SAP runs the higher net margin — SAP at 20.40% versus SHOP at 14.53%.

How have SAP and SHOP total returns compared?

Over the past 10 years, SAP delivered 10.44% and SHOP delivered 44.55% annualized total return. Past performance doesn't predict future results.

SAP SE (SAP) vs Shopify Inc. (SHOP)

A side-by-side comparison of SAP SE and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.

SAP

SAP SE

$239.61B

$205.63TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT

SHOP

Shopify Inc.

$195.62B

$150.75TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT

Total return — SAP vs SHOP

growth of $100 · dividends reinvested · last 11y

SAP +218.6%SHOP +8572.9%SHOP compounded faster

Log scale — wide-divergence pair

SAP SHOP

SAP vs SHOP: by the numbers

•SAP is the larger company ($239.61B vs $195.62B market cap).
•SAP trades at the lower trailing earnings multiple (25.23 vs 98.95 P/E), one valuation lens rather than an overall verdict.
•SAP converts more revenue to profit (20.40% vs 14.53% net margin).
•SHOP grew revenue faster over the past five years (28.06% vs 6.60% CAGR).
•SAP pays a dividend (1.47% yield), while SHOP has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	SAP	SHOP
P/E ratio	25.23	98.95
Forward P/E	28.16	79.85
P/S ratio	5.21	14.42
P/B ratio	4.52	15.09
PEG ratio	0.27	3.46
EV / EBITDA	16.39	101.38
FCF yield	4.36%	1.23%

Profitability

Metric	SAP	SHOP
Gross margin	72.75%	47.77%
Operating margin	26.78%	13.90%
Net margin	20.40%	14.53%
ROE	17.70%	15.20%
ROIC	12.45%	8.67%

Dividends

Metric	SAP	SHOP
Dividend yield	1.47%	N/A
Payout ratio	41.45%	N/A

Growth (annualized)

Metric	SAP	SHOP
Revenue CAGR (5Y)	6.60%	28.06%
EPS CAGR (5Y)	5.95%	28.61%
FCF CAGR (5Y)	5.34%	35.93%
Total return CAGR (5Y)	8.15%	-0.67%

Frequently asked

Which has the lower trailing P/E, SAP or SHOP?: SAP has the lower trailing P/E: SAP trades at 25.23 and SHOP at 98.95. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, SAP or SHOP?: Over the past five years, SHOP grew revenue faster — SAP at a 6.60% CAGR versus SHOP at 28.06%.
Does SAP or SHOP pay a bigger dividend?: SAP pays a dividend (1.47% yield), while SHOP has no payments in the available dividend history.
Is SAP or SHOP more profitable?: SAP runs the higher net margin — SAP at 20.40% versus SHOP at 14.53%.
How have SAP and SHOP total returns compared?: Over the past 10 years, SAP delivered 10.44% and SHOP delivered 44.55% annualized total return. Past performance doesn't predict future results.

Go deeper

Full SAP analysis Full SHOP analysis Interactive comparison tool

Dig into the metrics

SAP SE P/E ratio Shopify P/E ratio SAP SE dividend yield Shopify dividend yield SAP SE ROE Shopify ROE SAP SE operating margin Shopify operating margin SAP SE revenue growth Shopify revenue growth SAP SE free cash flow Shopify free cash flow

SAP SE & Shopify appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Largest Companies by Market Cap

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 7, 2026.