As of 2025-07-11, the Relative Valuation of Shopify Inc (SHOP) is 64.12 USD. This relative valuation is based on P/E multiples. With the latest stock price at 115.16 USD, the upside of Shopify Inc based on Relative Valuation is -44.3%.
The range of the Relative Valuation is 43.07 - 86.22 USD.
| Range | Selected | |
| Trailing P/E multiples | 38.8x - 69.5x | 58.6x |
| Forward P/E multiples | 21.6x - 29.2x | 27.8x |
| Fair Price | 43.07 - 86.22 | 64.12 |
| Upside | -62.6% - -25.1% | -44.3% |
| Date | P/E |
| 2025-07-10 | 92.80 |
| 2025-07-09 | 92.12 |
| 2025-07-08 | 90.64 |
| 2025-07-07 | 94.01 |
| 2025-07-03 | 93.89 |
| 2025-07-02 | 92.48 |
| 2025-07-01 | 90.79 |
| 2025-06-30 | 92.95 |
| 2025-06-27 | 91.58 |
| 2025-06-26 | 91.11 |
| 2025-06-25 | 91.78 |
| 2025-06-24 | 92.20 |
| 2025-06-23 | 88.62 |
| 2025-06-20 | 85.74 |
| 2025-06-18 | 85.39 |
| 2025-06-17 | 85.84 |
| 2025-06-16 | 87.33 |
| 2025-06-13 | 84.89 |
| 2025-06-12 | 88.00 |
| 2025-06-11 | 91.97 |
| 2025-06-10 | 88.85 |
| 2025-06-09 | 86.87 |
| 2025-06-06 | 89.78 |
| 2025-06-05 | 84.64 |
| 2025-06-04 | 83.47 |
| 2025-06-03 | 84.70 |
| 2025-06-02 | 85.85 |
| 2025-05-30 | 86.40 |
| 2025-05-29 | 86.79 |
| 2025-05-28 | 86.31 |
| 2025-05-27 | 86.01 |
| 2025-05-23 | 81.80 |
| 2025-05-22 | 83.23 |
| 2025-05-21 | 82.45 |
| 2025-05-20 | 85.76 |
| 2025-05-19 | 87.92 |
| 2025-05-16 | 89.25 |
| 2025-05-15 | 88.81 |
| 2025-05-14 | 89.81 |
| 2025-05-13 | 86.77 |
| 2025-05-12 | 84.08 |
| 2025-05-09 | 73.95 |
| 2025-05-08 | 75.75 |
| 2025-05-07 | 76.15 |
| 2025-05-06 | 75.61 |
| 2025-05-05 | 79.28 |
| 2025-05-02 | 79.98 |
| 2025-05-01 | 78.17 |
| 2025-04-30 | 76.55 |
| 2025-04-29 | 79.71 |