Shopify Inc

NYSE SHOP

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Shopify Inc Price to Book Ratio (P/B) on June 03, 2024: 8.65

Shopify Inc Price to Book Ratio (P/B) is 8.65 on June 03, 2024, a -4.41% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Shopify Inc 52-week high Price to Book Ratio (P/B) is 13.21 on February 07, 2024, which is 52.74% above the current Price to Book Ratio (P/B).
  • Shopify Inc 52-week low Price to Book Ratio (P/B) is 7.17 on October 27, 2023, which is -17.07% below the current Price to Book Ratio (P/B).
  • Shopify Inc average Price to Book Ratio (P/B) for the last 52 weeks is 10.37.
NYSE: SHOP

Shopify Inc

CEO Mr. Tobias Lütke
IPO Date May 21, 2015
Location Canada
Headquarters 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
Employees 8,300
Sector Technology
Industry Software - application
Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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StockViz Staff

September 16, 2024

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