Shopify SHOP Price / book
Price / book at other companies
Other financials
Where this comes from
Calculated from Shopify’s reported figures.
Based on the most recent quarter.
The official record: Shopify’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Shopify's price / book?
- Shopify (SHOP) reported price / book of 12.4× in Q1 2026.
- How has Shopify's price / book changed year-over-year?
- Shopify's price / book increased by 10.6% year-over-year, from 11.2× to 12.4×.
- What does price / book mean?
- How the market price compares to the company's accounting net worth.
- How do you interpret price / book?
- Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
- How does price / book compare across companies?
- A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.