Shopify Inc. (SHOP) is the 7th largest of 314 Internet Platforms companies by market capitalisation, at 188.01 Bn, behind Alibaba Group Holding at 256.97 Bn. It trades on a P/E of 95.62, 540% above the peer median of 14.93. The table below compares all 314 on 7 financial metrics, including companies with a secondary business in the group.
| # | Symbol | Company | Industry | Mkt Cap | Price | Chg % | 1Y | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL 2nd | Apple | Digital Marketplaces | 4.91 Tn | 335.92 | -0.33% | +33.14% | 38.31 | 10.55 | 4.86 Tn |
| 2 | GOOGL | Alphabet | Digital Advertising | 4.16 Tn | 342.36 | +1.34% | +38.53% | — | — | — |
| 3 | MSFT 2nd | Microsoft | Video Games | 3.70 Tn | 497.93 | -0.53% | -2.40% | 28.37 | 11.20 | 3.59 Tn |
| 4 | AMZN 2nd | Amazon Com | Digital Marketplaces | 2.69 Tn | 249.38 | +0.04% | +13.25% | 12.49 | 1.93 | 2.56 Tn |
| 5 | NFLX | Netflix | Streaming | 298.64 Bn | 71.72 | +0.50% | -40.43% | 21.90 | 6.14 | 288.01 Bn |
| 6 | BABA | Alibaba Group Holding | Digital Marketplaces | 256.97 Bn | 110.64 | -0.13% | -37.29% | 24.42 | 1.71 | 222.03 Bn |
| 7 | SHOP | Shopify | E-commerce Software | 188.01 Bn | 145.16 | +1.98% | -2.47% | 95.62 | 13.89 | 179.41 Bn |
| 8 | UBER | Uber Technologies | Ride-Hailing and Delivery | 141.11 Bn | 69.17 | -0.36% | -29.26% | 14.52 | 2.56 | 136.41 Bn |
| 9 | BKNG | Booking Holdings | Digital Marketplaces | 118.27 Bn | 157.41 | +0.97% | -28.78% | 16.61 | 4.15 | 99.93 Bn |
| 10 | PDD | PDD Holdings | Digital Marketplaces | 111.31 Bn | 78.20 | -1.26% | -40.29% | 8.23 | 1.74 | 82.45 Bn |
| 11 | SPOT | Spotify Technology | Streaming | 105.28 Bn | 511.46 | +0.19% | -27.83% | 26.92 | 4.97 | 94.17 Bn |
| 12 | APP | AppLovin | Digital Advertising | 104.77 Bn | 312.47 | -0.88% | -51.32% | 24.01 | 15.48 | 102.65 Bn |
| 13 | ABNB | Airbnb | Digital Marketplaces | 89.32 Bn | 151.39 | +1.21% | +23.00% | 32.91 | 6.71 | 76.18 Bn |
| 14 | MELI | Mercadolibre | Digital Marketplaces | 88.93 Bn | 1,754.13 | -2.51% | -30.14% | 48.96 | 2.59 | 76.02 Bn |
| 15 | DASH | DoorDash | Ride-Hailing and Delivery | 81.25 Bn | 187.53 | -0.92% | -28.08% | 98.12 | 5.16 | 76.67 Bn |
| 16 | WBD 2nd | Warner Bros. Discovery | Streaming | 77.35 Bn | 30.84 | +0.26% | +55.60% | -24.65 | 2.14 | 74.93 Bn |
| 17 | NTES | NetEase | Video Games | 75.05 Bn | 117.56 | +0.46% | -21.70% | 16.03 | 4.47 | 64.57 Bn |
| 18 | TGT 2nd | Target | Digital Marketplaces | 71.00 Bn | 156.29 | +0.02% | +76.98% | 16.05 | 0.66 | 65.58 Bn |
| 19 | NU 2nd | Nu Holdings | Digital Marketplaces | 65.53 Bn | 13.56 | -0.44% | -15.30% | 16.59 | 3.40 | 52.14 Bn |
| 20 | SE | Sea | Digital Marketplaces | 61.62 Bn | 100.71 | -2.56% | -45.80% | — | — | — |
| 21 | EA | Electronic Arts | Video Games | 52.84 Bn | 209.70 | +0.00% | — | 48.79 | 6.74 | 50.56 Bn |
| 22 | TEAM 2nd | Atlassian | Digital Marketplaces | 50.11 Bn | 192.61 | -1.27% | +17.57% | -943.58 | 7.72 | 49.51 Bn |
| 23 | EBAY | Ebay | Digital Marketplaces | 47.98 Bn | 107.83 | -1.16% | +15.50% | 21.85 | 4.04 | 45.24 Bn |
| 24 | LYV 2nd | Live Nation Entertainment | Digital Marketplaces | 40.33 Bn | 171.15 | +1.26% | +5.60% | -152.52 | 1.52 | 31.82 Bn |
| 25 | TTWO | Take Two Interactive Software | Video Games | 37.96 Bn | 202.98 | -1.62% | -16.85% | -119.90 | 5.77 | 36.76 Bn |
Shopify Inc. (SHOP) is compared with 314 US-listed companies in the Internet Platforms industry group, of which 191 have it as their primary business and 123 run a substantial Internet Platforms business alongside something else.
Peers are every company that BQ-MICS, our own multi-industry classification system, places in the same industry group as Shopify Inc.. Unlike a single-label scheme, BQ-MICS assigns each company a primary industry and any secondary industries it genuinely operates in, and records the reasoning behind every assignment. Tap the info icon beside any ticker to read it.
It marks a secondary match: the company operates a real business in this industry group, but it is not its largest. Tick "Primary business only" above the table to compare against pure plays alone.
Prices, market caps and valuation figures refresh with each session's close. The classification itself is reviewed whenever a company's filings change what it does, such as a new segment, a disposal or an acquisition.
Yes. Use Edit Columns above the table to add any of 1,000+ financial metrics and ratios to the comparison, and Download Data to export it.
Pull Shopify Inc.'s industry peers, with any metrics you choose plus the industry median and average, in one call with the Business Quant Peers API. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/peers?ticker=SHOP&cols=Revenue%20(Quarter),Net%20Income%20(Quarter)&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/peers"
params = {"ticker": "SHOP", "cols": "Revenue (Quarter),Net Income (Quarter)", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/peers?ticker=SHOP&cols=Revenue%20(Quarter),Net%20Income%20(Quarter)&api_key=YOUR_API_KEY");
const data = await res.json();