PE Ratio: 38.45

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 38.45 is 64% below its 2-year average of 107.26, near the low end of its 2-year range (33.28–180.13).

As of Sunday, July 26, 2026. 57.50% below its 12-month average of 90.47.

PE Ratio (38.45) = Close Price ($482.66) / Diluted TTM EPS ($12.55)

SPOT PE Ratio Metrics

P/E vs. its own history

At 38.5, P/E is at an extreme level (the multiple carries little signal here), sitting higher than 8% of 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 38.45.

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

The P/E ratio of 38.45 is 64% below its 2-year average of 107.26, near the low end of its 2-year range (33.28–180.13).

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

The TTM average P/E ratio for SPOT stock is 90.47.

Showing the most recent 260 of 503 data points. The chart above shows the full history.

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