Shopify Inc

NYSE SHOP

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Shopify Inc Price to Earnings Ratio (P/E) on June 03, 2024: -129.70

Shopify Inc Price to Earnings Ratio (P/E) is -129.70 on June 03, 2024, a -225.13% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Shopify Inc 52-week high Price to Earnings Ratio (P/E) is -32.57 on September 26, 2023, which is 74.89% above the current Price to Earnings Ratio (P/E).
  • Shopify Inc 52-week low Price to Earnings Ratio (P/E) is -222.31 on February 09, 2024, which is -71.41% below the current Price to Earnings Ratio (P/E).
  • Shopify Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is -94.03.
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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