GURUFOCUS.COM » STOCK LIST » Technology » Software » Shopify Inc (NYSE:SHOP) » Definitions » ROE % Adjusted to Book Value

Shopify (NYSE:SHOP) ROE % Adjusted to Book Value

: 2.74% (As of Dec. 2023)
View and export this data going back to 2015. Start your Free Trial

Shopify's ROE % for the quarter that ended in Dec. 2023 was 30.29%. Shopify's PB Ratio for the quarter that ended in Dec. 2023 was 11.05. Shopify's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 was 2.74%.


Shopify ROE % Adjusted to Book Value Historical Data

The historical data trend for Shopify's ROE % Adjusted to Book Value 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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 0.31 2.13 -6.65 0.14

Shopify Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Adjusted to Book Value 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 -5.48 0.45 -5.94 4.31 2.74

Competitive Comparison

For the Software - Application subindustry, Shopify's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Distribution

For the Software industry and Technology sector, Shopify's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Shopify's ROE % Adjusted to Book Value falls into.



Shopify ROE % Adjusted to Book Value Calculation

Shopify's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.53% / 11.05
=0.14%

Shopify's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=30.29% / 11.05
=2.74%

* 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.


Shopify ROE % Adjusted to Book Value Related Terms

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


Shopify (NYSE:SHOP) Business Description

Industry
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 (NYSE:SHOP) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Steve Mandel

By GuruFocus Research GuruFocus Editor 08-15-2022

UBS ASSET MANAGEMENT AMERICAS INC Buys 2, Sells 3 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022

Shopify Inc's Stock Performance: A Comprehensive Analysis

By GuruFocus Research 11-27-2023

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

By GuruFocus Research GuruFocus Editor 08-15-2022

Shopify's Stock Blitzes on Company's Price Increases

By Steve Gray Booyens 01-25-2023

Shopify Is Up Against It

By Steve Gray Booyens 07-28-2022

Leith Wheeler Investment Funds' 1st-Quarter Commentary

By Sydnee Gatewood 05-19-2022