GURUFOCUS.COM » STOCK LIST » Technology » Software » Shopify Inc (NYSE:SHOP) » Definitions » Book Value per Share

Shopify (Shopify) Book Value per Share : $6.90 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Shopify Book Value per Share?

Shopify's book value per share for the quarter that ended in Mar. 2024 was $6.90.

During the past 12 months, Shopify's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Shopify was 98.00% per year. The lowest was 10.50% per year. And the median was 70.25% per year.

Shopify's current price is $65.03. Its book value per share for the quarter that ended in Mar. 2024 was $6.90. Hence, today's PB Ratio of Shopify is 9.42.

During the past 12 years, the highest P/B Ratio of Shopify was 35.08. The lowest was 3.81. And the median was 11.25.


Shopify Book Value per Share Historical Data

The historical data trend for Shopify's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shopify Book Value per Share Chart

Shopify Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 5.22 8.84 6.46 7.05

Shopify Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.61 5.82 6.45 7.05 6.90

Competitive Comparison of Shopify's Book Value per Share

For the Software - Application subindustry, Shopify's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shopify's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Shopify's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shopify's PB Ratio falls into.



Shopify Book Value per Share Calculation

Shopify's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(9,066-0)/1,287
=7.05

Shopify's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8,893-0)/1,288
=6.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Shopify  (NYSE:SHOP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Shopify Book Value per Share Related Terms

Thank you for viewing the detailed overview of Shopify's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Shopify (Shopify) Business Description

Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Shopify (Shopify) Headlines

From GuruFocus

Leith Wheeler Investment Funds' 2nd-Quarter Review

By Sydnee Gatewood 08-08-2022

GLUSKIN SHEFF & ASSOC INC Buys 2, Sells 3 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-15-2022

Henry James International Management Inc. Buys 2, Sells 3 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-02-2022

Is Shopify's Surge Sustainable?

By Steve Gray Booyens 11-29-2022

Top 5 2nd Quarter Trades of GILDER GAGNON HOWE & CO LLC

By GuruFocus Research GuruFocus Editor 08-15-2022