Spotify
SPOT
#244
Rank
NZ$129.43 B
Marketcap
$644.58
Share price
-0.16%
Change (1 day)
127.14%
Change (1 year)

Spotify (SPOT) - P/B ratio

P/B ratio as of November 2024 : 16.9

According to Spotify's latest financial reports the company has a price-to-book ratio of 4.94446.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Spotify - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-3113.1122.07%
2022-12-315.92-68.31%
2021-12-3118.78.04%
2020-12-3117.343.13%
2019-12-3112.140.98%
2018-12-318.57
2017-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
0.5438-96.79%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel