As of 2025-05-21, the EV/EBITDA ratio of Shopify Inc (SHOP) is 112.28. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. SHOP's latest enterprise value is 137,655.03 mil USD. SHOP's TTM EBITDA according to its financial statements is 1,226.00 mil USD. Dividing these 2 quantities gives us the above SHOP EV/EBITDA ratio.
| Range | Selected | |
| Trailing P/E multiples | 13.4x - 24.9x | 19.7x |
| Forward P/E multiples | 13.1x - 22.3x | 18.2x |
| Fair Price | 13.00 - 27.16 | 20.57 |
| Upside | -87.8% - -74.5% | -80.7% |
| Date | EV/EBITDA |
| 2025-05-20 | 112.28 |
| 2025-05-19 | 115.10 |
| 2025-05-16 | 116.85 |
| 2025-05-15 | 116.28 |
| 2025-05-14 | 117.59 |
| 2025-05-13 | 113.60 |
| 2025-05-12 | 110.07 |
| 2025-05-09 | 96.77 |
| 2025-05-08 | 99.13 |
| 2025-05-07 | 99.66 |
| 2025-05-06 | 98.95 |
| 2025-05-05 | 103.76 |
| 2025-05-02 | 104.68 |
| 2025-05-01 | 102.31 |
| 2025-04-30 | 100.19 |
| 2025-04-29 | 104.33 |
| 2025-04-28 | 103.96 |
| 2025-04-25 | 102.43 |
| 2025-04-24 | 100.31 |
| 2025-04-23 | 95.91 |
| 2025-04-22 | 90.36 |
| 2025-04-21 | 86.05 |
| 2025-04-17 | 88.18 |
| 2025-04-16 | 88.51 |
| 2025-04-15 | 88.45 |
| 2025-04-14 | 87.25 |
| 2025-04-11 | 88.24 |
| 2025-04-10 | 89.22 |
| 2025-04-09 | 96.38 |
| 2025-04-08 | 81.24 |
| 2025-04-07 | 83.07 |
| 2025-04-04 | 81.03 |
| 2025-04-03 | 86.74 |
| 2025-04-02 | 106.16 |
| 2025-04-01 | 102.98 |
| 2025-03-31 | 100.70 |
| 2025-03-28 | 101.96 |
| 2025-03-27 | 108.14 |
| 2025-03-26 | 110.01 |
| 2025-03-25 | 115.87 |
| 2025-03-24 | 115.29 |
| 2025-03-21 | 109.93 |
| 2025-03-20 | 107.43 |
| 2025-03-19 | 107.11 |
| 2025-03-18 | 99.14 |
| 2025-03-17 | 101.87 |
| 2025-03-14 | 100.03 |
| 2025-03-13 | 95.52 |
| 2025-03-12 | 101.81 |
| 2025-03-11 | 98.02 |