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How to buy Shoprite (SHP) shares

Learn how to easily invest in Shoprite shares.

Shoprite logo

Shoprite Holdings Limited (SHP) is a leading department stores business based in South Africa. It opened the day at R15800 after a previous close of R15680. During the day the price has varied from a low of R15420 to a high of R15800. The latest price was R15556 (25 minute delay). Shoprite is listed on the JSE and employs 140,000 staff. All prices are listed in South African Rand.

How to buy shares in Shoprite from South Africa

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Shoprite Find the stock by name or ticker symbol: SHP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Shoprite reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of ZARR15603, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Shoprite, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Shoprite. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Shoprite's share price?

Since the stock market crash in March caused by coronavirus, Shoprite's share price has had significant positive movement.

Its last market close was ZARR15603, which is 29.06% up on its pre-crash value of ZARR11068 and 64.22% up on the lowest point reached during the March crash when the shares fell as low as ZARR9501.

If you had bought ZARR1,000 worth of Shoprite shares at the start of February 2020, those shares would have been worth ZARR862.96 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth ZARR1,248.24.

Shoprite stock price (JSE:SHP)

Use our graph to track the performance of SHP stocks over time.

Shoprite shares at a glance

Information last updated 2021-07-02.
OpenR15800
HighR15800
LowR15420
CloseR15556
Previous closeR15680
Change R-124
Change % -0.7908%
Volume 630,480
Information last updated 2021-07-28.
52-week rangeR10638.8631 - R16250
50-day moving average R15588.515
200-day moving average R14882.369
Wall St. target priceR225.5
PE ratio 24.7582
Dividend yield R4.18 (2.67%)
Earnings per share (TTM) R6.349

Is it a good time to buy Shoprite stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shoprite price performance over time

Historical closes compared with the last close of R15556

1 week (2021-07-20) N/A
1 month (2021-07-01) -0.79%
3 months (2021-04-30) 7.59%
6 months (2021-01-27) N/A
1 year (2020-07-27) N/A
2 years (2019-07-27) N/A
3 years (2018-07-27) N/A
5 years (2016-07-27) N/A

Is Shoprite under- or over-valued?

Valuing Shoprite stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shoprite's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shoprite's P/E ratio

Shoprite's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Shoprite shares trade at around 25x recent earnings.

Shoprite's EBITDA

Shoprite's EBITDA (earnings before interest, taxes, depreciation and amortisation) is ZARR10.7 billion.

The EBITDA is a measure of a Shoprite's overall financial performance and is widely used to measure a its profitability.

Shoprite financials

Revenue TTM R160.6 billion
Operating margin TTM 5.21%
Gross profit TTM R35.8 billion
Return on assets TTM 6.14%
Return on equity TTM 17.35%
Profit margin 2.19%
Book value R35.196
Market capitalisation R8.7 trillion

TTM: trailing 12 months

Shoprite in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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