PE Ratio: 32.98

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 32.98 is 68% below its 2-year average of 103.01, near the low end of its 2-year range (29.64–180.13).

As of Tuesday, September 8, 2026. 53.52% below its 12-month average of 70.95.

PE Ratio (32.98) = Close Price ($523.00) / Diluted TTM EPS ($15.86)

SPOT PE Ratio Metrics

P/E vs. its own history

At 33.0, P/E is at an extreme level, where the multiple carries little signal — higher than 2% of readings in its 2-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Spotify Technology S.A. (SPOT)?

The P/E ratio for SPOT stock is 32.98.

Is Spotify Technology S.A.'s P/E ratio high or low?

The P/E ratio of 32.98 is 68% below its 2-year average of 103.01, near the low end of its 2-year range (29.64–180.13).

What is the TTM average P/E ratio for Spotify Technology S.A. (SPOT)?

The TTM average P/E ratio for SPOT stock is 70.95.

Showing the most recent 260 of 534 data points. The chart above shows the full history.

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