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Spotify Technology S.A. (SPOT)
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Spotify Technology S.A. (SPOT) PB Ratio: 11.37

popular:market cap|pe ratio|revenue|price history|total return

Is Spotify Technology S.A.’s P/B ratio high or low?

Spotify Technology S.A.'s P/B ratio of 11.37 is 22% below its 5-year average of 14.55, near the low end of its 5-year range (6.34–25.02).

23.59% below its 12-month average of 14.88.

P/E Ratio|ROE|Debt to Equity|All Metrics

SPOT PB Ratio Chart

SPOT PB Ratio
11.37-47.36% 1Y
Zoom

SPOT Average PB Ratio Chart

SPOT Current vs Average PB Ratio Chart

SPOT PB Ratio Metrics

PB RATIO

11.37

PB RATIO AVG TTM

14.88

PB RATIO AVG 3Y

16.45

PB RATIO AVG 5Y

14.55

PB RATIO AVG 10Y

14.40

PB RATIO AVG 15Y

14.40

PB RATIO AVG 20Y

14.40

CURRENT VS TTM AVG

-23.59%

CURRENT VS 3Y AVG

-30.86%

CURRENT VS 5Y AVG

-21.87%

CURRENT VS 10Y AVG

-21.05%

CURRENT VS 15Y AVG

-21.05%

CURRENT VS 20Y AVG

-21.05%

SPOT Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Spotify Technology S.A. (SPOT)$100.54B11.3714.8816.4514.55
Comcast Corporation (CMCSA)$85.68B0.981.181.681.89
Electronic Arts Inc. (EA)$50.92B7.607.835.975.48
AT&T Inc. (T)$161.27B1.491.771.501.31
Reddit, Inc. (RDDT)$32.03B10.6613.9411.1411.14
The Walt Disney Company (DIS)$171.33B1.611.831.812.12
Charter Communications, Inc. (CHTR)$19.40B1.072.083.594.89
Roku, Inc. (ROKU)$17.29B6.615.764.806.17
Pinterest, Inc. (PINS)$13.94B4.864.136.116.86
The Trade Desk, Inc. (TTD)$8.75B3.757.9615.3117.85

P/B vs. its own history

At 11.37, P/B is cheaper than usual, sitting higher than 29% of its 8-year history.

8-year low

6.34

median

13.77

8-year high

25.02

cheaperricher

Book Value Analysis

P/B Ratio

11.37

Market Price / Book Value per Share

Spotify Technology S.A. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Spotify Technology S.A. PB Ratio FAQ

What is the P/B ratio for Spotify Technology S.A. (SPOT)?
The P/B ratio for SPOT stock is 11.37.
Is Spotify Technology S.A.'s P/B ratio high or low?
Spotify Technology S.A.'s P/B ratio of 11.37 is 22% below its 5-year average of 14.55, near the low end of its 5-year range (6.34–25.02).
What is the TTM average P/B ratio for Spotify Technology S.A. (SPOT)?
The TTM average P/B ratio for SPOT stock is 14.88.
What is the 3Y average P/B ratio for Spotify Technology S.A. (SPOT)?
The 3Y average P/B ratio for SPOT stock is 16.45.
What is the 5Y average P/B ratio for Spotify Technology S.A. (SPOT)?
The 5Y average P/B ratio for SPOT stock is 14.55.
What is the 10Y average P/B ratio for Spotify Technology S.A. (SPOT)?
The 10Y average P/B ratio for SPOT stock is 14.40.
What is the 15Y average P/B ratio for Spotify Technology S.A. (SPOT)?
The 15Y average P/B ratio for SPOT stock is 14.40.
What is the 20Y average P/B ratio for Spotify Technology S.A. (SPOT)?
The 20Y average P/B ratio for SPOT stock is 14.40.

Spotify Technology S.A. PB Ratio History

DATEPB RATIO
2026-06-1011.37
2026-06-0911.21
2026-06-0811.37
2026-06-0511.23
2026-06-0411.15
2026-06-0311.01
2026-06-0211.33
2026-06-0111.47
2026-05-2911.24
2026-05-2811.67
2026-05-2711.59
2026-05-2611.97
2026-05-2211.74
2026-05-2111.07
2026-05-209.79
2026-05-199.98
2026-05-1810.05
2026-05-159.87
2026-05-149.77
2026-05-139.73
2026-05-129.78
2026-05-119.48
2026-05-089.44
2026-05-079.66
2026-05-069.61
2026-05-059.48
2026-05-049.90
2026-05-019.97
2026-04-3010.09
2026-04-2910.02
2026-04-289.81
2026-04-2710.77
2026-04-2411.26
2026-04-2311.21
2026-04-2211.36
2026-04-2111.35
2026-04-2011.66
2026-04-1711.66
2026-04-1611.55
2026-04-1511.54
2026-04-1411.11
2026-04-1310.95
2026-04-1010.34
2026-04-0910.57
2026-04-0810.50
2026-04-0710.50
2026-04-0610.53
2026-04-0210.63
2026-04-0110.21
2026-03-3110.54
2026-03-3010.32
2026-03-2710.27
2026-03-2610.39
2026-03-2510.28
2026-03-2410.54
2026-03-2310.70
2026-03-2010.31
2026-03-1910.48
2026-03-1811.23
2026-03-1711.41
2026-03-1611.39
2026-03-1311.21
2026-03-1211.07
2026-03-1111.18
2026-03-1011.52
2026-03-0911.84
2026-03-0612.28
2026-03-0512.00
2026-03-0411.61
2026-03-0311.30
2026-03-0211.02
2026-02-2711.19
2026-02-2610.77
2026-02-2510.07
2026-02-2410.12
2026-02-2310.17
2026-02-2010.66
2026-02-1910.55
2026-02-1810.38
2026-02-1710.06
2026-02-139.96
2026-02-129.69
2026-02-1110.59
2026-02-1010.34
2026-02-099.69
2026-02-069.87
2026-02-059.64
2026-02-0410.29
2026-02-0311.07
2026-02-0211.87
2026-01-3011.68
2026-01-2911.77
2026-01-2811.88
2026-01-2711.95
2026-01-2611.97
2026-01-2311.98
2026-01-2211.64
2026-01-2111.72
2026-01-2011.94
2026-01-1611.78
2026-01-1511.86
2026-01-1412.35
2026-01-1312.48
2026-01-1212.37
2026-01-0912.59
2026-01-0812.93
2026-01-0713.30
2026-01-0613.34
2026-01-0513.85
2026-01-0213.42
2025-12-3113.56
2025-12-3013.46
2025-12-2913.57
2025-12-2613.64
2025-12-2413.70
2025-12-2313.53
2025-12-2213.51
2025-12-1913.59
2025-12-1813.16
2025-12-1713.22
2025-12-1613.52
2025-12-1513.48
2025-12-1213.96
2025-12-1113.98
2025-12-1014.23
2025-12-0913.77
2025-12-0813.36
2025-12-0513.19
2025-12-0413.10
2025-12-0313.01
2025-12-0213.47
2025-12-0113.52
2025-11-2813.98
2025-11-2613.84
2025-11-2513.67
2025-11-2413.66
2025-11-2113.63
2025-11-2013.76
2025-11-1914.44
2025-11-1814.86
2025-11-1714.96
2025-11-1414.84
2025-11-1315.07
2025-11-1215.13
2025-11-1114.93
2025-11-1014.54
2025-11-0714.40
2025-11-0614.43
2025-11-0514.48
2025-11-0414.70
2025-11-0316.91
2025-10-3117.20
2025-10-3017.24
2025-10-2917.47
2025-10-2817.15
2025-10-2717.27
2025-10-2416.95
2025-10-2317.69
2025-10-2217.73
2025-10-2118.09
2025-10-2017.73
2025-10-1717.63
2025-10-1617.44
2025-10-1517.62
2025-10-1417.94
2025-10-1318.16
2025-10-1017.99
2025-10-0917.68
2025-10-0817.71
2025-10-0717.86
2025-10-0617.86
2025-10-0317.86
2025-10-0218.56
2025-10-0118.39
2025-09-3018.32
2025-09-2919.12
2025-09-2618.81
2025-09-2518.70
2025-09-2418.60
2025-09-2318.87
2025-09-2219.38
2025-09-1919.29
2025-09-1819.27
2025-09-1718.56
2025-09-1618.48
2025-09-1518.45
2025-09-1218.28
2025-09-1118.12
2025-09-1018.48
2025-09-0918.88
2025-09-0818.85
2025-09-0518.56
2025-09-0418.47
2025-09-0318.30
2025-09-0218.10
2025-08-2917.90
2025-08-2818.05
2025-08-2718.19
2025-08-2618.28
2025-08-2518.24
2025-08-2218.19
2025-08-2118.10
2025-08-2018.47
2025-08-1918.88
2025-08-1819.11
2025-08-1519.23
2025-08-1418.33
2025-08-1318.24
2025-08-1218.09
2025-08-1118.09
2025-08-0818.53
2025-08-0718.02
2025-08-0617.50
2025-08-0516.98
2025-08-0417.29
2025-08-0116.46
2025-07-3116.44
2025-07-3017.07
2025-07-2916.27
2025-07-2821.84
2025-07-2521.59
2025-07-2421.23
2025-07-2321.01
2025-07-2221.05
2025-07-2122.02
2025-07-1821.67
2025-07-1722.46
2025-07-1621.98
2025-07-1522.14
2025-07-1422.35
2025-07-1122.09
2025-07-1022.12
2025-07-0922.50
2025-07-0822.48
2025-07-0722.94
2025-07-0322.59
2025-07-0222.11
2025-07-0122.51
2025-06-3023.91
2025-06-2724.07
2025-06-2624.17
2025-06-2522.94
2025-06-2423.36
2025-06-2322.78
2025-06-2022.04
2025-06-1822.13
2025-06-1722.47
2025-06-1622.29
2025-06-1322.15
2025-06-1221.90
2025-06-1122.09
2025-06-1021.60
2025-06-0921.78
2025-06-0622.19
2025-06-0522.21
2025-06-0421.84
2025-06-0320.91
2025-06-0220.94
2025-05-3020.72
2025-05-2919.84

Showing the most recent 260 of 1,933 data points. The chart above shows the full history.

Related Metrics

P/E RatioROEDebt to EquityAll Metrics

About Spotify Technology S.A.

Spotify Technology S.A., through its various entities, functions as a global provider of audio streaming services. Its operational model is split into two distinct segments: Premium and Ad-Supported. The Premium segment caters to subscribers by granting them uninterrupted, ad-free access to its extensive catalog of music and podcasts, available for both online and offline consumption. Conversely, the Ad-Supported segment delivers online, on-demand music streaming and unlimited podcast access to users, facilitated by advertisements and available across computers, tablets, and various mobile devices. Beyond its core streaming offerings, Spotify also manages functions like sales, marketing, outsourced research and development, and comprehensive customer support. By the end of 2021 (December 31), the platform had amassed a significant global user base, comprising 406 million monthly active users and 180 million premium subscribers spanning 184 nations and regions. Incorporated in 2006, the firm's corporate headquarters are situated in Luxembourg, Luxembourg.

Luxembourg City
7,258 employees
www.spotify.com
Communication Services / Internet Content & Information
Sector
Communication Services
Industry
Internet Content & Information
CEO
Alex Norström
View full financials