Shopify P/B
The P/B (Price-to-Book Ratio) of Shopify (SHOP) as of Sep 28, 2026 is 10.91. In the previous year, P/B (Price-to-Book Ratio) was 12.72 — a change of -14.21% (lower).
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P/B
10.91
YoY
-14.21%
Last updated:
The Shopify P/B history
3 Years
10 Years
25 Years
Max
| YEAR | P/B | YoY |
|---|---|---|
| 10.91 | -14.21% | |
| 12.72 | -21.56% | |
| 16.21 | -9.12% | |
| 17.84 | +35.13% | |
| 13.20 | -42.51% | |
| 22.96 | -52.88% | |
| 48.74 | -30.67% | |
| 70.30 | -52.12% | |
| 146.81 | -59.00% | |
| 358.06 | -52.42% | |
| 752.49 | -65.32% | |
| 2,169.92 | — |
Shopify Stock analysis
Frequently Asked Questions about Shopify stock
P/B (Price-to-Book Ratio) of Shopify is 10.91 in 2026.
P/B (Price-to-Book Ratio) of Shopify changed from 12.72 to 10.91, representing a -14.21% change. The value is lower than the previous year.
On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) Shopify since 2006 – with annual values, charts, and detailed analysis.
The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.
P/B = Stock Price / Book Value per Share
To evaluate P/B (Price-to-Book Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/B (Price-to-Book Ratio).
A 'good' varies by industry and company stage. On Eulerpool, you can compare P/B (Price-to-Book Ratio)'s Shopify with sector peers and the industry average to assess whether it is attractive.
Valuation — Shopify
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