What is the price-to-earnings ratio of Shopify?
The price-earnings ratio of Shopify is currently 72.
Shopify P/E 2024
Shopify P/E
72
Shopify Dividend yield
Ticker
SHOP
ISIN
CA82509L1076
WKN
A14TJP
As of Apr 25, 2024, Shopify's P/E ratio was 72, a -87.24% change from the 564.38 P/E ratio recorded in the previous year.
The Shopify P/E history
Shopify Aktienanalyse
What does Shopify do?
Shopify Inc. is a Canadian e-commerce company that provides online shops for small and medium-sized businesses. It was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake and has been listed on the New York Stock Exchange since 2015. Shopify ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Shopify's P/E Ratio
The Price to Earnings (P/E) Ratio of Shopify is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Shopify's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Shopify is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Shopify’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Shopify Stock
How has the price-earnings ratio of Shopify changed compared to last year?
The price-to-earnings ratio of Shopify has increased by -87.24% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Shopify high compared to other companies?
Yes, the price-to-earnings ratio of Shopify is high compared to other companies.
How does an increase in the price-earnings ratio of Shopify affect the company?
An increase in the price-earnings ratio of Shopify would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Shopify affect the company?
A decrease in the price-earnings ratio of Shopify would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Shopify?
Some factors that influence the price-earnings ratio of Shopify are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Shopify pay?
Over the past 12 months, Shopify paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shopify is expected to pay a dividend of 0 USD.
What is the dividend yield of Shopify?
The current dividend yield of Shopify is .
When does Shopify pay dividends?
Shopify pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Shopify?
Shopify paid dividends every year for the past 0 years.
What is the dividend of Shopify?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Shopify located?
Shopify is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Shopify kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shopify from 4/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.
When did Shopify pay the last dividend?
The last dividend was paid out on 4/25/2024.
What was the dividend of Shopify in the year 2023?
In the year 2023, Shopify distributed 0 USD as dividends.
In which currency does Shopify pay out the dividend?
The dividends of Shopify are distributed in USD.
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Andere Kennzahlen von Shopify
Our stock analysis for Shopify Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shopify Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
