SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Shopify Inc. (SHOP) trades at a trailing P/E of 124.1, forward P/E of 64.3. Trailing earnings yield is 0.81%, forward earnings yield 1.55%. PEG 0.68 (Peter Lynch undervalued ≤1.0). Graham Number is $14.86.
Criteria proven by this page:
- VALUE (36/100, Fail) — trailing P/E is well above the S&P 500 average of ~25, suggesting a premium valuation (P/E 124.1); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY 0.81%).
- Forward P/E 64.3 (down from trailing 124.1) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.68 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 0.81% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 1.55% as earnings recover.
- Analyst consensus target $165.16 (+40.4% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 74/100 with 4/7 criteria passed.
SharesGrow 7-Criteria Score
✗
VALUE
36/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — SHOP
Valuation Multiples
P/E (TTM)124.1
Forward P/E64.3
PEG Ratio0.68
Forward PEG0.68
P/B Ratio11.36
P/S Ratio13.28
EV/EBITDA101.6
Per Share Data
EPS (TTM)$0.95
Forward EPS (Est.)$1.83
Book Value / Share$10.35
Revenue / Share$8.90
FCF / Share$1.55
Yields & Fair Value
Earnings Yield0.81%
Forward Earnings Yield1.55%
Dividend Yield0.00%
Graham Number$14.86
SharesGrow IV$89.45 (-24%)
Analyst Target$165.16 (+40.4%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
-101.8 |
-2.65 |
8.77 |
9.25 |
- |
| 2017 |
-252.6 |
354.50 |
10.09 |
15.01 |
- |
| 2018 |
-226.6 |
-4.91 |
7.00 |
13.63 |
- |
| 2019 |
-360.0 |
-4.50 |
14.90 |
28.47 |
- |
| 2020 |
423.6 |
-1.23 |
21.15 |
46.20 |
- |
| 2021 |
58.9 |
0.08 |
15.42 |
37.23 |
- |
| 2022 |
-12.7 |
0.06 |
5.33 |
7.85 |
- |
| 2023 |
756.3 |
-7.30 |
11.01 |
14.14 |
- |
| 2024 |
68.2 |
0.05 |
11.91 |
15.50 |
- |
| 2025 |
169.9 |
-4.34 |
15.55 |
18.09 |
- |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$-0.04 |
$389.33M |
$-35.36M |
-9.1% |
| 2017 |
$-0.04 |
$673.3M |
$-40M |
-5.9% |
| 2018 |
$-0.06 |
$1.07B |
$-64.55M |
-6% |
| 2019 |
$-0.11 |
$1.58B |
$-124.84M |
-7.9% |
| 2020 |
$0.26 |
$2.93B |
$319.51M |
10.9% |
| 2021 |
$2.27 |
$4.61B |
$2.91B |
63.2% |
| 2022 |
$-2.73 |
$5.6B |
$-3.46B |
-61.8% |
| 2023 |
$0.10 |
$7.06B |
$132M |
1.9% |
| 2024 |
$1.55 |
$8.88B |
$2.02B |
22.7% |
| 2025 |
$0.94 |
$11.56B |
$1.23B |
10.7% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$1.81 |
$1.46 – $2.06 |
$14.4B |
$13.85B – $14.84B |
28 |
| 2027 |
$2.36 |
$2.04 – $2.72 |
$17.86B |
$16.17B – $18.91B |
24 |
| 2028 |
$3.37 |
$2.13 – $6.24 |
$23.03B |
$23.03B – $23.03B |
10 |
| 2029 |
$4.00 |
$3.61 – $4.32 |
$25.94B |
$23.99B – $27.53B |
4 |
| 2030 |
$5.14 |
$4.64 – $5.55 |
$30.8B |
$28.48B – $32.68B |
4 |
