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Spotify Technology (BSP:S1PO34) Price-to-Tangible-Book : 26.96 (As of Dec. 12, 2024)


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What is Spotify Technology Price-to-Tangible-Book?

As of today (2024-12-12), Spotify Technology's share price is R$706.51. Spotify Technology's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was R$26.21. Hence, Spotify Technology's Price to Tangible Book Ratio of today is 26.96.

The historical rank and industry rank for Spotify Technology's Price-to-Tangible-Book or its related term are showing as below:

BSP:S1PO34' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.4   Med: 21.19   Max: 36.01
Current: 25.36

During the past 9 years, Spotify Technology's highest Price to Tangible Book Ratio was 36.01. The lowest was 9.40. And the median was 21.19.

BSP:S1PO34's Price-to-Tangible-Book is ranked worse than
95.61% of 456 companies
in the Interactive Media industry
Industry Median: 2.53 vs BSP:S1PO34: 25.36

A closely related ratio is called PB Ratio. As of today, Spotify Technology's share price is R$706.51. Spotify Technology's Book Value per Sharefor the quarter that ended in Sep. 2024 was R$35.23. Hence, Spotify Technology's P/B Ratio of today is 20.06.


Spotify Technology Price-to-Tangible-Book Historical Data

The historical data trend for Spotify Technology's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotify Technology Price-to-Tangible-Book Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 25.54 35.32 13.05 26.23

Spotify Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.56 26.23 23.33 20.04 19.25

Competitive Comparison of Spotify Technology's Price-to-Tangible-Book

For the Internet Content & Information subindustry, Spotify Technology's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spotify Technology's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Price-to-Tangible-Book falls into.



Spotify Technology Price-to-Tangible-Book Calculation

Spotify Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=706.51/26.21
=26.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Spotify Technology Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Spotify Technology's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Spotify Technology Business Description

Address
5, Place de la Gare, Luxembourg, LUX, L-1616
Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

Spotify Technology Headlines

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