Shopify Price to Sales Ratio 2013-2025 | SHOP

Historical PS ratio values for Shopify (SHOP) over the last 10 years. The current P/S ratio for Shopify as of July 24, 2025 is . For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.
Shopify P/S Ratio Historical Data
Date Stock Price TTM Sales per Share Price to Sales Ratio
2025-07-24 122.08 16.92
2025-03-31 95.48 $7.22 13.23
2024-12-31 106.33 $6.84 15.54
2024-09-30 80.14 $6.33 12.65
2024-06-30 66.05 $6.00 11.01
2024-03-31 77.17 $5.75 13.43
2023-12-31 77.90 $5.47 14.25
2023-09-30 54.57 $5.18 10.53
2023-06-30 64.60 $4.94 13.09
2023-03-31 47.94 $4.64 10.33
2022-12-31 34.71 $4.43 7.84
2022-09-30 26.94 $4.14 6.51
2022-06-30 31.24 $3.95 7.92
2022-03-31 67.60 $3.80 17.80
2021-12-31 137.74 $3.62 38.02
2021-09-30 135.58 $3.33 40.70
2021-06-30 146.10 $3.06 47.67
2021-03-31 110.65 $2.77 39.96
2020-12-31 113.20 $2.39 47.35
2020-09-30 102.30 $2.05 50.01
2020-06-30 94.92 $1.78 53.43
2020-03-31 41.69 $1.52 27.47
2019-12-31 39.76 $1.40 28.31
2019-09-30 31.17 $1.28 24.29
2019-06-30 30.02 $1.19 25.21
2019-03-31 20.66 $1.10 18.81
2018-12-31 13.85 $1.02 13.58
2018-09-30 16.45 $0.93 17.75
2018-06-30 14.59 $0.85 17.22
2018-03-31 12.46 $0.78 16.04
2017-12-31 10.10 $0.71 14.26
2017-09-30 11.65 $0.63 18.47
2017-06-30 8.69 $0.57 15.13
2017-03-31 6.81 $0.52 13.09
2016-12-31 4.29 $0.47 9.13
2016-09-30 4.29 $0.43 10.03
2016-06-30 3.08 $0.38 8.09
2016-03-31 2.82 $0.36 7.87
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $158.553B $8.880B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
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