← Scroll for more →
Shopify Inc. (SHOP)
Services-Prepackaged Software
Latest Price
$148.30
TTM P/E
99.53
Normalized P/E
115.86
Div Yield
--
Book Value
9.76
P/B Ratio
15.19
Valuation metrics
adjust assumptions →EPS: $0.94
Book value / share: $10.32
Formula: √(22.5 × EPS × BVPS)
Graham Number
$14.78
90% downside
Norm. op. income: $179M (median of 6yr)
Tax rate: 18%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$5.55
96% downside
Base FCF: $905M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$56.04
62% downside
EPS: $0.94
Target P/E: 100×
Formula: EPS × P/E
P/E Fair Value
$94.00
37% downside
Institutional Ownership
65.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Capital International Investors | 54.89M | $6.27B | 4.22% | +4.83M | 2026-06-30 |
| FMR LLC | 47.18M | $5.39B | 3.63% | +1.34M | 2026-06-30 |
| Invesco Ltd. | 36.57M | $4.17B | 2.81% | +25.92M | 2026-06-30 |
| Vanguard Capital Management LLC | 34.13M | $3.90B | 2.63% | +398.0K | 2026-06-30 |
| Capital World Investors | 34.09M | $3.89B | 2.62% | +390.7K | 2026-06-30 |
| Baillie Gifford & Co | 28.40M | $3.24B | 2.19% | -618.2K | 2026-06-30 |
| Morgan Stanley | 25.52M | $2.91B | 1.96% | +812.4K | 2026-06-30 |
| Price T Rowe Associates Inc | 24.75M | $2.83B | 1.91% | -265.1K | 2026-06-30 |
| Jane Street Group, LLC | 22.02M | $2.51B | 1.69% | +5.13M | 2026-06-30 |
| FIL Ltd | 19.28M | $2.21B | 1.48% | +1.05M | 2026-06-30 |