PE Ratio: 97.38

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 97.38 is 12% above its 5-year average of 86.99, near the low end of its 5-year range (18.25–907.13).

As of Friday, September 4, 2026. 12.02% below its 12-month average of 110.69.

PE Ratio (97.38) = Close Price ($134.10) / Diluted TTM EPS ($1.38)

SHOP PE Ratio Metrics

P/E vs. its own history

At 97.4, P/E is near its 6-year median — higher than 48% of readings in 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 97.38.

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

The P/E ratio of 97.38 is 12% above its 5-year average of 86.99, 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 110.69.

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

The 3Y average P/E ratio for SHOP stock is 99.85.

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

The 5Y average P/E ratio for SHOP stock is 86.99.

Showing the most recent 260 of 1,000 data points. The chart above shows the full history.

Related Metrics