P/E Ratio (TTM)
169.86
Shopify Inc. currently has a P/E ratio of 169.86. The P/E ratio is a primary valuation multiple used to determine if a stock is overvalued or undervalued relative to its earnings.
Quarterly P/E
| Quarter | P/E Ratio |
|---|---|
| 2014-03-31 | -44.41 |
| 2014-06-30 | -41.15 |
| 2014-09-30 | -66.34 |
| 2014-12-31 | -59.01 |
| 2015-03-31 | -62.61 |
| 2015-06-30 | -136.58 |
| 2015-09-30 | -143.43 |
| 2015-12-31 | -79.77 |
| 2016-03-31 | -63.57 |
| 2016-06-30 | -74.13 |
| 2016-09-30 | -99.90 |
| 2016-12-31 | -107.74 |
| 2017-03-31 | -112.97 |
| 2017-06-30 | -146.01 |
| 2017-09-30 | -306.68 |
| 2017-12-31 | -878.95 |
| 2018-03-31 | -196.26 |
| 2018-06-30 | -161.37 |
| 2018-09-30 | -187.93 |
| 2018-12-31 | -2462.99 |
| 2019-03-31 | -236.58 |
| 2019-06-30 | -292.97 |
| 2019-09-30 | -121.06 |
| 2019-12-31 | 14957.88 |
| 2020-03-31 | -386.06 |
| 2020-06-30 | 782.74 |
| 2020-09-30 | 161.30 |
| 2020-12-31 | 286.60 |
| 2021-03-31 | 27.09 |
| 2021-06-30 | 51.75 |
| 2021-09-30 | 36.91 |
| 2021-12-31 | -116.60 |
| 2022-03-31 | -14.45 |
| 2022-06-30 | -8.19 |
| 2022-09-30 | -53.77 |
| 2022-12-31 | -17.72 |
| 2023-03-31 | 225.05 |
| 2023-06-30 | -15.77 |
| 2023-09-30 | 24.38 |
| 2023-12-31 | 38.11 |
| 2024-03-31 | -92.18 |
| 2024-06-30 | 121.79 |
| 2024-09-30 | 31.23 |
| 2024-12-31 | 26.61 |
| 2025-03-31 | -45.34 |
| 2025-06-30 | 41.31 |
| 2025-09-30 | 182.96 |
| 2025-12-31 | 70.35 |
Annual P/E
| Year | P/E Ratio |
|---|
* P/E ratios are calculated using trailing twelve-month (TTM) earnings. Extreme values may indicate earnings anomalies or cyclical volatility.