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Shopify Price-to-Tangible-Book

: 5.66 (As of Today)
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As of today (2022-08-09), Shopify's share price is $36.75. Shopify's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was $6.50. Hence, Shopify's Price to Tangible Book Ratio of today is 5.66.

The historical rank and industry rank for Shopify's Price-to-Tangible-Book or its related term are showing as below:

SHOP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.81   Med: 13.08   Max: 27.36
Current: 5.65

During the past 10 years, Shopify's highest Price to Tangible Book Ratio was 27.36. The lowest was 4.81. And the median was 13.08.

SHOP's Price-to-Tangible-Book is ranked worse than
67.45% of 2089 companies
in the Software industry
Industry Median: 3.74 vs SHOP: 5.65

A closely related ratio is called PB Ratio. As of today, Shopify's share price is $36.75. Shopify's Book Value per Sharefor the quarter that ended in Jun. 2022 was $6.90. Hence, Shopify's P/B Ratio of today is 5.32.


Shopify Price-to-Tangible-Book Historical Data

The historical data trend for Shopify's Price-to-Tangible-Book 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.47 7.54 18.25 23.30 16.30

Shopify Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 18.82 15.65 16.30 9.17 4.81

Competitive Comparison

For the Software - Application subindustry, Shopify's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Software industry and Technology sector, Shopify's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shopify's Price-to-Tangible-Book falls into.



Shopify Price-to-Tangible-Book Calculation

Shopify's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2022 )
=36.75/6.497
=5.66

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Shopify Price-to-Tangible-Book Related Terms

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


Shopify Business Description

Shopify logo
Industry
Traded in Other Exchanges
Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). 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. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

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