As of 2025-05-17, the Relative Valuation of Shopify Inc (SHOP) is 72.81 USD. This relative valuation is based on P/E multiples. With the latest stock price at 110.75 USD, the upside of Shopify Inc based on Relative Valuation is -34.3%.
The range of the Relative Valuation is 44.04 - 90.46 USD.
| Range | Selected | |
| Trailing P/E multiples | 42.7x - 72.9x | 70.0x |
| Forward P/E multiples | 22.0x - 30.7x | 29.4x |
| Fair Price | 44.04 - 90.46 | 72.81 |
| Upside | -60.2% - -18.3% | -34.3% |
| Date | P/E |
| 2025-05-16 | 89.22 |
| 2025-05-15 | 88.79 |
| 2025-05-14 | 89.79 |
| 2025-05-13 | 86.75 |
| 2025-05-12 | 84.06 |
| 2025-05-09 | 73.93 |
| 2025-05-08 | 75.73 |
| 2025-05-07 | 76.13 |
| 2025-05-06 | 75.59 |
| 2025-05-05 | 79.26 |
| 2025-05-02 | 79.96 |
| 2025-05-01 | 78.15 |
| 2025-04-30 | 76.53 |
| 2025-04-29 | 79.69 |
| 2025-04-28 | 79.41 |
| 2025-04-25 | 78.24 |
| 2025-04-24 | 76.63 |
| 2025-04-23 | 73.28 |
| 2025-04-22 | 69.05 |
| 2025-04-21 | 65.77 |
| 2025-04-17 | 67.39 |
| 2025-04-16 | 67.64 |
| 2025-04-15 | 67.60 |
| 2025-04-14 | 66.68 |
| 2025-04-11 | 67.44 |
| 2025-04-10 | 68.18 |
| 2025-04-09 | 73.63 |
| 2025-04-08 | 62.11 |
| 2025-04-07 | 63.50 |
| 2025-04-04 | 61.94 |
| 2025-04-03 | 66.29 |
| 2025-04-02 | 81.09 |
| 2025-04-01 | 78.66 |
| 2025-03-31 | 76.92 |
| 2025-03-28 | 77.89 |
| 2025-03-27 | 82.59 |
| 2025-03-26 | 84.01 |
| 2025-03-25 | 88.47 |
| 2025-03-24 | 88.04 |
| 2025-03-21 | 83.95 |
| 2025-03-20 | 82.05 |
| 2025-03-19 | 81.80 |
| 2025-03-18 | 75.74 |
| 2025-03-17 | 77.81 |
| 2025-03-14 | 76.41 |
| 2025-03-13 | 72.98 |
| 2025-03-12 | 77.77 |
| 2025-03-11 | 74.88 |
| 2025-03-10 | 74.72 |
| 2025-03-07 | 80.67 |