Shopify (SHOP) currently has a P/E (TTM) ratio of 744.62, which is the latest data available. This suggests that the stock may be overvalued compared to its earnings. However, it's important to note that the P/E ratio should not be relied on solely when making investment decisions. It's important to do further research and analysis of the company's financials to get a better understanding of their overall performance and potential for growth.