Spotify (SPOT) - P/B ratio

P/B ratio as of April 2026 : 9.03

According to Spotify's latest financial reports the company has a price-to-book ratio of 4.45991.
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 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	12.1	-24.58%
2024-12-31	16.0	22.04%
2023-12-31	13.1	122.07%
2022-12-31	5.92	-68.31%
2021-12-31	18.7	8.04%
2020-12-31	17.3	43.13%
2019-12-31	12.1	40.98%
2018-12-31	8.57
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Perion Network PERI	0.6241	-93.09%	🇮🇱 Israel

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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