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Shopify Inc.

Shopify Inc.SHOP P/E Ratio

Share price divided by earnings per share — what investors pay for each dollar of profit.

P/E Ratio

Latest: 77.1 (2026Q2)

Period Value
2023Q4 152.8
2024Q1 110.2
2024Q2 80.5
2024Q3 55.6
2024Q4 68.6
2025Q1 77.6
2025Q2 64.4
2025Q3 110.1
2025Q4 173.1
2026Q1 117.4
2026Q2 77.1

Latest P/E Ratio: 77.1 (2026Q2); +19.7% YoY.

Across the 11 quarters from 2023Q4 to 2026Q2, P/E Ratio ranged from 55.6 in 2024Q3 to 173.1 in 2025Q4.

Other SHOP Charts

More quarter-by-quarter fundamentals for Shopify Inc.

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Enterprise SaaS Comparison

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