Spotify (SPOT) - P/B ratio

P/B ratio as of September 2024 : 14.9

According to Spotify's latest financial reports the company has a price-to-book ratio of 14.9.
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
2024-12-31	N/A	-100%
2023-12-31	13.1	122.07%
2022-12-31	5.92	-68.16%
2021-12-31	18.6	6.88%
2020-12-31	17.4	44.36%
2019-12-31	12.1	40.84%
2018-12-31	8.56
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Perion Network PERI	0.5326	-96.43%	🇮🇱 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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