Shopify Inc. (SHOP) EV/Assets Ratio: 9.84x
Is Shopify Inc.’s EV/Assets ratio high or low?
Shopify Inc.'s EV/Assets ratio of 9.84x is in line with its 5-year average of 9.17x, around the middle of its 5-year range (2.81x–17.49x).
The EV/Assets ratio for Shopify Inc. (SHOP) is 9.84x as of Wednesday, June 10, 2026. It is below its 12-month average by 18.28% (12.04x).
SHOP EV/Assets Ratio Chart
SHOP Average EV/Assets Ratio Chart
SHOP Current vs Average EV/Assets Ratio Chart
SHOP EV/Assets Ratio Metrics
EV/ASSETS RATIO
9.84x
EV/ASSETS RATIO AVG TTM
12.04x
EV/ASSETS RATIO AVG 3Y
9.99x
EV/ASSETS RATIO AVG 5Y
9.17x
EV/ASSETS RATIO AVG 10Y
11.23x
EV/ASSETS RATIO AVG 15Y
10.98x
EV/ASSETS RATIO AVG 20Y
10.98x
CURRENT VS TTM AVG
-18.28%
CURRENT VS 3Y AVG
-1.50%
CURRENT VS 5Y AVG
+7.26%
CURRENT VS 10Y AVG
-12.37%
CURRENT VS 15Y AVG
-10.34%
CURRENT VS 20Y AVG
-10.34%
SHOP Competitors' EV/Assets Ratio
| NAME | MARKET CAP | EV/ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shopify Inc. (SHOP) | $140.41B | 9.84x | 12.04x | 9.99x | 9.17x |
| Salesforce, Inc. (CRM) | $141.00B | 1.72x | 2.22x | 2.61x | 2.51x |
| Uber Technologies, Inc. (UBER) | $139.66B | 2.49x | 3.13x | 3.40x | 2.90x |
| CrowdStrike Holdings, Inc. (CRWD) | $164.89B | 14.49x | 11.92x | 10.75x | 11.05x |
| Western Digital Corporation (WDC) | $167.87B | 12.26x | 5.44x | 2.41x | 1.70x |
| ServiceNow, Inc. (NOW) | $109.38B | 4.51x | 6.93x | 8.57x | 9.09x |
| Cadence Design Systems, Inc. (CDNS) | $105.80B | 8.82x | 9.02x | 10.71x | 10.50x |
| Accenture plc (ACN) | $104.93B | 1.57x | 2.30x | 3.35x | 3.74x |
| Fortinet, Inc. (FTNT) | $101.91B | 10.28x | 6.63x | 6.91x | 7.49x |
| Palo Alto Networks, Inc. (PANW) | $179.39B | 4.23x | 5.60x | 6.07x | 5.56x |
Shopify Inc. EV/Assets Ratio Formula & Definition
EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Shopify Inc. EV/Assets Ratio FAQ
- What is the EV/Assets ratio for Shopify Inc. (SHOP)?
- The EV/Assets ratio for SHOP stock is 9.84x.
- Is Shopify Inc.'s EV/Assets ratio high or low?
- Shopify Inc.'s EV/Assets ratio of 9.84x is in line with its 5-year average of 9.17x, around the middle of its 5-year range (2.81x–17.49x).
- What is the TTM average EV/Assets ratio for Shopify Inc. (SHOP)?
- The TTM average EV/Assets ratio for SHOP stock is 12.04x.
- What is the 3Y average EV/Assets ratio for Shopify Inc. (SHOP)?
- The 3Y average EV/Assets ratio for SHOP stock is 9.99x.
- What is the 5Y average EV/Assets ratio for Shopify Inc. (SHOP)?
- The 5Y average EV/Assets ratio for SHOP stock is 9.17x.
- What is the 10Y average EV/Assets ratio for Shopify Inc. (SHOP)?
- The 10Y average EV/Assets ratio for SHOP stock is 11.23x.
- What is the 15Y average EV/Assets ratio for Shopify Inc. (SHOP)?
- The 15Y average EV/Assets ratio for SHOP stock is 10.98x.
- What is the 20Y average EV/Assets ratio for Shopify Inc. (SHOP)?
- The 20Y average EV/Assets ratio for SHOP stock is 10.98x.
Shopify Inc. EV/Assets Ratio History
| DATE | EV/ASSETS RATIO |
|---|---|
| 2026-06-10 | 9.84x |
| 2026-06-09 | 10.04x |
| 2026-06-08 | 10.07x |
| 2026-06-05 | 9.96x |
| 2026-06-04 | 10.56x |
| 2026-06-03 | 10.27x |
| 2026-06-02 | 10.65x |
| 2026-06-01 | 11.30x |
| 2026-05-29 | 10.80x |
| 2026-05-28 | 10.46x |
| 2026-05-27 | 9.69x |
| 2026-05-26 | 9.53x |
| 2026-05-22 | 9.36x |
| 2026-05-21 | 9.53x |
| 2026-05-20 | 9.54x |
| 2026-05-19 | 9.17x |
| 2026-05-18 | 9.30x |
| 2026-05-15 | 9.11x |
| 2026-05-14 | 8.84x |
| 2026-05-13 | 8.66x |
| 2026-05-12 | 9.07x |
| 2026-05-11 | 9.32x |
| 2026-05-08 | 10.04x |
| 2026-05-07 | 10.16x |
| 2026-05-06 | 9.58x |
| 2026-05-05 | 9.78x |
| 2026-05-04 | 10.87x |
| 2026-05-01 | 10.88x |
| 2026-04-30 | 10.32x |
| 2026-04-29 | 10.33x |
| 2026-04-28 | 10.40x |
| 2026-04-27 | 10.58x |
| 2026-04-24 | 10.72x |
| 2026-04-23 | 10.58x |
| 2026-04-22 | 11.25x |
| 2026-04-21 | 11.18x |
| 2026-04-20 | 11.52x |
| 2026-04-17 | 11.18x |
| 2026-04-16 | 10.82x |
| 2026-04-15 | 10.86x |
| 2026-04-14 | 10.02x |
| 2026-04-13 | 9.79x |
| 2026-04-10 | 9.43x |
| 2026-04-09 | 9.57x |
| 2026-04-08 | 10.23x |
| 2026-04-07 | 9.97x |
| 2026-04-06 | 10.12x |
| 2026-04-02 | 10.07x |
| 2026-04-01 | 10.09x |
| 2026-03-31 | 10.10x |
| 2026-03-30 | 9.51x |
| 2026-03-27 | 9.52x |
| 2026-03-26 | 9.83x |
| 2026-03-25 | 10.09x |
| 2026-03-24 | 9.89x |
| 2026-03-23 | 10.32x |
| 2026-03-20 | 9.94x |
| 2026-03-19 | 10.42x |
| 2026-03-18 | 10.54x |
| 2026-03-17 | 10.89x |
| 2026-03-16 | 10.79x |
| 2026-03-13 | 10.48x |
| 2026-03-12 | 10.75x |
| 2026-03-11 | 11.04x |
| 2026-03-10 | 11.03x |
| 2026-03-09 | 11.38x |
| 2026-03-06 | 11.10x |
| 2026-03-05 | 11.49x |
| 2026-03-04 | 11.05x |
| 2026-03-03 | 10.38x |
| 2026-03-02 | 10.17x |
| 2026-02-27 | 10.28x |
| 2026-02-26 | 10.73x |
| 2026-02-25 | 10.25x |
| 2026-02-24 | 9.96x |
| 2026-02-23 | 9.99x |
| 2026-02-20 | 10.75x |
| 2026-02-19 | 10.55x |
| 2026-02-18 | 10.36x |
| 2026-02-17 | 9.67x |
| 2026-02-13 | 9.59x |
| 2026-02-12 | 9.42x |
| 2026-02-11 | 10.11x |
| 2026-02-10 | 11.03x |
| 2026-02-09 | 10.26x |
| 2026-02-06 | 9.70x |
| 2026-02-05 | 9.63x |
| 2026-02-04 | 9.88x |
| 2026-02-03 | 10.34x |
| 2026-02-02 | 11.47x |
| 2026-01-30 | 11.38x |
| 2026-01-29 | 12.47x |
| 2026-01-28 | 12.05x |
| 2026-01-27 | 11.93x |
| 2026-01-26 | 11.82x |
| 2026-01-23 | 11.96x |
| 2026-01-22 | 11.94x |
| 2026-01-21 | 12.02x |
| 2026-01-20 | 12.54x |
| 2026-01-16 | 13.53x |
| 2026-01-15 | 13.72x |
| 2026-01-14 | 13.68x |
| 2026-01-13 | 14.55x |
| 2026-01-12 | 14.59x |
| 2026-01-09 | 14.29x |
| 2026-01-08 | 14.62x |
| 2026-01-07 | 14.48x |
| 2026-01-06 | 14.63x |
| 2026-01-05 | 14.44x |
| 2026-01-02 | 13.65x |
| 2025-12-31 | 13.98x |
| 2025-12-30 | 14.22x |
| 2025-12-29 | 14.58x |
| 2025-12-26 | 14.84x |
| 2025-12-24 | 14.72x |
| 2025-12-23 | 14.73x |
| 2025-12-22 | 14.74x |
| 2025-12-19 | 14.73x |
| 2025-12-18 | 14.49x |
| 2025-12-17 | 14.05x |
| 2025-12-16 | 14.17x |
| 2025-12-15 | 13.88x |
| 2025-12-12 | 14.26x |
| 2025-12-11 | 14.31x |
| 2025-12-10 | 14.63x |
| 2025-12-09 | 13.89x |
| 2025-12-08 | 13.76x |
| 2025-12-05 | 13.99x |
| 2025-12-04 | 14.10x |
| 2025-12-03 | 13.89x |
| 2025-12-02 | 13.62x |
| 2025-12-01 | 12.96x |
| 2025-11-28 | 13.78x |
| 2025-11-26 | 13.84x |
| 2025-11-25 | 13.67x |
| 2025-11-24 | 13.49x |
| 2025-11-21 | 12.83x |
| 2025-11-20 | 12.55x |
| 2025-11-19 | 12.67x |
| 2025-11-18 | 12.19x |
| 2025-11-17 | 12.14x |
| 2025-11-14 | 12.68x |
| 2025-11-13 | 12.70x |
| 2025-11-12 | 13.60x |
| 2025-11-11 | 13.80x |
| 2025-11-10 | 13.80x |
| 2025-11-07 | 13.23x |
| 2025-11-06 | 13.55x |
| 2025-11-05 | 14.15x |
| 2025-11-04 | 13.98x |
| 2025-11-03 | 15.48x |
| 2025-10-31 | 15.57x |
| 2025-10-30 | 15.54x |
| 2025-10-29 | 16.03x |
| 2025-10-28 | 16.02x |
| 2025-10-27 | 15.67x |
| 2025-10-24 | 15.49x |
| 2025-10-23 | 14.95x |
| 2025-10-22 | 14.50x |
| 2025-10-21 | 14.56x |
| 2025-10-20 | 14.75x |
| 2025-10-17 | 14.12x |
| 2025-10-16 | 14.02x |
| 2025-10-15 | 13.98x |
| 2025-10-14 | 13.69x |
| 2025-10-13 | 13.76x |
| 2025-10-10 | 13.52x |
| 2025-10-09 | 14.67x |
| 2025-10-08 | 14.90x |
| 2025-10-07 | 14.44x |
| 2025-10-06 | 14.73x |
| 2025-10-03 | 14.43x |
| 2025-10-02 | 13.54x |
| 2025-10-01 | 13.39x |
| 2025-09-30 | 13.30x |
| 2025-09-29 | 13.34x |
| 2025-09-26 | 12.55x |
| 2025-09-25 | 12.84x |
| 2025-09-24 | 13.32x |
| 2025-09-23 | 13.42x |
| 2025-09-22 | 14.07x |
| 2025-09-19 | 13.72x |
| 2025-09-18 | 13.62x |
| 2025-09-17 | 13.24x |
| 2025-09-16 | 13.18x |
| 2025-09-15 | 13.24x |
| 2025-09-12 | 12.83x |
| 2025-09-11 | 12.98x |
| 2025-09-10 | 12.73x |
| 2025-09-09 | 12.84x |
| 2025-09-08 | 13.09x |
| 2025-09-05 | 13.14x |
| 2025-09-04 | 12.99x |
| 2025-09-03 | 12.55x |
| 2025-09-02 | 12.44x |
| 2025-08-29 | 12.64x |
| 2025-08-28 | 12.67x |
| 2025-08-27 | 12.52x |
| 2025-08-26 | 12.61x |
| 2025-08-25 | 12.58x |
| 2025-08-22 | 12.72x |
| 2025-08-21 | 12.23x |
| 2025-08-20 | 12.29x |
| 2025-08-19 | 12.46x |
| 2025-08-18 | 12.81x |
| 2025-08-15 | 12.66x |
| 2025-08-14 | 12.91x |
| 2025-08-13 | 13.44x |
| 2025-08-12 | 13.36x |
| 2025-08-11 | 13.20x |
| 2025-08-08 | 13.39x |
| 2025-08-07 | 13.52x |
| 2025-08-06 | 13.87x |
| 2025-08-05 | 12.26x |
| 2025-08-04 | 12.09x |
| 2025-08-01 | 11.45x |
| 2025-07-31 | 11.80x |
| 2025-07-30 | 11.88x |
| 2025-07-29 | 12.06x |
| 2025-07-28 | 12.25x |
| 2025-07-25 | 12.02x |
| 2025-07-24 | 11.79x |
| 2025-07-23 | 11.80x |
| 2025-07-22 | 11.95x |
| 2025-07-21 | 12.40x |
| 2025-07-18 | 12.27x |
| 2025-07-17 | 12.24x |
| 2025-07-16 | 11.59x |
| 2025-07-15 | 11.11x |
| 2025-07-14 | 11.27x |
| 2025-07-11 | 10.82x |
| 2025-07-10 | 11.12x |
| 2025-07-09 | 11.04x |
| 2025-07-08 | 10.86x |
| 2025-07-07 | 11.26x |
| 2025-07-03 | 11.25x |
| 2025-07-02 | 11.08x |
| 2025-07-01 | 10.88x |
| 2025-06-30 | 11.14x |
| 2025-06-27 | 10.97x |
| 2025-06-26 | 10.92x |
| 2025-06-25 | 11.00x |
| 2025-06-24 | 11.05x |
| 2025-06-23 | 10.62x |
| 2025-06-20 | 10.27x |
| 2025-06-18 | 10.23x |
| 2025-06-17 | 10.29x |
| 2025-06-16 | 10.46x |
| 2025-06-13 | 10.17x |
| 2025-06-12 | 10.54x |
| 2025-06-11 | 11.02x |
| 2025-06-10 | 10.65x |
| 2025-06-09 | 10.41x |
| 2025-06-06 | 10.76x |
| 2025-06-05 | 10.14x |
| 2025-06-04 | 10.00x |
| 2025-06-03 | 10.15x |
| 2025-06-02 | 10.29x |
| 2025-05-30 | 10.35x |
| 2025-05-29 | 10.40x |
Showing the most recent 260 of 2,732 data points. The chart above shows the full history.
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About Shopify Inc.
Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Tobias Lutke