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Shopify Inc. (SHOP) Market Cap & Valuation Ratios

Shopify Inc. (SHOP) has a market cap of $217.0B, a trailing P/E of 114.0 and a price-to-sales ratio of 16.4, with earnings according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

SHOPShopify Inc.Follow SHOP — free
Software - Application · Technology
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Price chart with a free account
Market cap
217.0B
P/E TTM
114.0
Dividend yield
—
52-week
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Next earnings
3 Nov, in 10 days

Peers

software - application · nearest by market cap · trailing 12 months
CompanyMkt cap, $BP/EEV/SalesEV/EBITDAFCF yieldRev. growthOp. marginROIC
SHOP217114.016.0113.21.1%+33%14%14%
CRM20521.15.318.47.4%+11%20%11%
NOW16498.311.460.82.8%+22%11%9%
UBER13614.62.619.27.4%+17%12%17%
ADP12127.85.517.94.3%+7%28%52%
SNOW115—21.1—1.0%+32%-23%-45%
ADBE10314.74.010.310.3%+12%36%54%
DDOG97—23.41086.71.1%+32%0.4%0.3%
INTU9220.74.414.19.4%+14%27%20%
CDNS8762.915.142.11.9%+15%30%21%
TEAM58—8.7379.92.3%+26%0.2%1%
Median of these 1021.17.119.23.6%+16%16%14%

P/E 114.0 vs. a peer median of 21.1; EV/Sales 16.0 vs. 7.1. SHOP's own P/E sits at the 49th percentile of its history.

Growth vs. price

each dot a company · hover or tap for values
1020501000%+10%+20%+30%revenue growth, TTM →P/E (log)SHOPCRMNOWUBERADPADBEINTUCDNS

SNOW and DDOG and TEAM have no P/E (earnings not positive) and are left out · hover or tap a dot for values.

Shopify Inc. — questions

What is Shopify Inc.'s market cap?
$217.0B.
What is Shopify Inc.'s P/E ratio?
114.0 on trailing twelve-month earnings to 2026-06-30.
What is Shopify Inc.'s price-to-sales ratio?
16.4.

Every figure on this page comes from Shopify Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.