As of 2025-09-04, the Relative Valuation of Shopify Inc (SHOP) is 61.71 USD. This relative valuation is based on P/E multiples. With the latest stock price at 140.22 USD, the upside of Shopify Inc based on Relative Valuation is -56.0%.
The range of the Relative Valuation is 44.27 - 92.16 USD.
| Range | Selected | |
| Trailing P/E multiples | 30.9x - 51.1x | 40.2x |
| Forward P/E multiples | 22.1x - 31.4x | 25.4x |
| Fair Price | 44.27 - 92.16 | 61.71 |
| Upside | -68.4% - -34.3% | -56.0% |
| Date | P/E |
| 2025-09-03 | 77.71 |
| 2025-09-02 | 77.06 |
| 2025-08-29 | 78.30 |
| 2025-08-28 | 78.45 |
| 2025-08-27 | 77.53 |
| 2025-08-26 | 78.06 |
| 2025-08-25 | 77.89 |
| 2025-08-22 | 78.76 |
| 2025-08-21 | 75.75 |
| 2025-08-20 | 76.09 |
| 2025-08-19 | 77.18 |
| 2025-08-18 | 79.32 |
| 2025-08-15 | 78.41 |
| 2025-08-14 | 79.96 |
| 2025-08-13 | 83.18 |
| 2025-08-12 | 82.75 |
| 2025-08-11 | 81.75 |
| 2025-08-08 | 82.92 |
| 2025-08-07 | 83.73 |
| 2025-08-06 | 85.85 |
| 2025-08-05 | 70.39 |
| 2025-08-04 | 69.39 |
| 2025-08-01 | 65.73 |
| 2025-07-31 | 67.73 |
| 2025-07-30 | 68.18 |
| 2025-07-29 | 69.20 |
| 2025-07-28 | 70.30 |
| 2025-07-25 | 68.96 |
| 2025-07-24 | 67.66 |
| 2025-07-23 | 67.73 |
| 2025-07-22 | 68.56 |
| 2025-07-21 | 71.18 |
| 2025-07-18 | 70.43 |
| 2025-07-17 | 70.25 |
| 2025-07-16 | 66.51 |
| 2025-07-15 | 63.76 |
| 2025-07-14 | 64.70 |
| 2025-07-11 | 62.13 |
| 2025-07-10 | 63.82 |
| 2025-07-09 | 63.36 |
| 2025-07-08 | 62.34 |
| 2025-07-07 | 64.66 |
| 2025-07-03 | 64.58 |
| 2025-07-02 | 63.61 |
| 2025-07-01 | 62.44 |
| 2025-06-30 | 63.93 |
| 2025-06-27 | 62.99 |
| 2025-06-26 | 62.67 |
| 2025-06-25 | 63.12 |
| 2025-06-24 | 63.41 |