Spotify
SPOT
#886
Rank
$19.77 B
Marketcap
$102.37
Share price
1.06%
Change (1 day)
-47.84%
Change (1 year)

P/E ratio for Spotify (SPOT)

P/E ratio as of January 2023 (TTM): -103

According to Spotify's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -103.21. At the end of 2021 the company had a P/E ratio of < -1000.

P/E ratio history for Spotify from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021< -10001276.54%
2020-88.0-30.89%
2019-127-16.65%
2018-153

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.5-118.87%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.