PE Ratio: 111.52

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 111.52 is 26% below its 5-year average of 150.62, near the low end of its 5-year range (18.25–907.13).

As of Sunday, July 26, 2026. 2.78% above its 12-month average of 108.51.

PE Ratio (111.52) = Close Price ($113.75) / Diluted TTM EPS ($1.02)

SHOP PE Ratio Metrics

P/E vs. its own history

At 111.5, P/E is in its normal range, sitting higher than 63% of its 6-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Shopify Inc. (SHOP)?

The P/E ratio for SHOP stock is 111.52.

Is Shopify Inc.'s P/E ratio high or low?

The P/E ratio of 111.52 is 26% below its 5-year average of 150.62, near the low end of its 5-year range (18.25–907.13).

What is the TTM average P/E ratio for Shopify Inc. (SHOP)?

The TTM average P/E ratio for SHOP stock is 108.51.

What is the 3Y average P/E ratio for Shopify Inc. (SHOP)?

The 3Y average P/E ratio for SHOP stock is 99.52.

What is the 5Y average P/E ratio for Shopify Inc. (SHOP)?

The 5Y average P/E ratio for SHOP stock is 85.85.

Showing the most recent 260 of 970 data points. The chart above shows the full history.

Related Metrics