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Shopify (Shopify) EV-to-Revenue : 12.63 (As of Apr. 25, 2024)


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What is Shopify EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Shopify's enterprise value is $89,154 Mil. Shopify's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $7,060 Mil. Therefore, Shopify's EV-to-Revenue for today is 12.63.

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

SHOP' s EV-to-Revenue Range Over the Past 10 Years
Min: 5.61   Med: 15.22   Max: 60.3
Current: 12.63

During the past 12 years, the highest EV-to-Revenue of Shopify was 60.30. The lowest was 5.61. And the median was 15.22.

SHOP's EV-to-Revenue is ranked worse than
90.1% of 2779 companies
in the Software industry
Industry Median: 2.16 vs SHOP: 12.63

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-04-25), Shopify's stock price is $70.81. Shopify's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.41. Therefore, Shopify's PS Ratio for today is 13.09.


Shopify EV-to-Revenue Historical Data

The historical data trend for Shopify's EV-to-Revenue 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 EV-to-Revenue Chart

Shopify Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.87 45.48 36.17 7.25 13.65

Shopify Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-Revenue 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 7.25 9.80 12.57 9.97 13.65

Competitive Comparison of Shopify's EV-to-Revenue

For the Software - Application subindustry, Shopify's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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 EV-to-Revenue Distribution in the Software Industry

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

* The bar in red indicates where Shopify's EV-to-Revenue falls into.



Shopify EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Shopify's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=89154.161/7060
=12.63

Shopify's current Enterprise Value is $89,154 Mil.
Shopify's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,060 Mil.

* 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  (NYSE:SHOP) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Shopify's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=70.81/5.411
=13.09

Shopify's share price for today is $70.81.
Shopify's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.41.

* 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 EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Shopify's EV-to-Revenue 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.

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