Spotify Ptb Ratio from 2010 to 2024

SPOT Stock  USD 475.04  4.34  0.92%   
Spotify Technology PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 11.66 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Spotify Technology's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
13.12125074
Current Value
11.66
Quarterly Volatility
58.05449315
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spotify Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spotify Technology's main balance sheet or income statement drivers, such as Tax Provision of 26 M, Interest Income of 74.4 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 11.66. Spotify financial statements analysis is a perfect complement when working with Spotify Technology Valuation or Volatility modules.
  
Check out the analysis of Spotify Technology Correlation against competitors.

Latest Spotify Technology's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Spotify Technology SA over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Spotify Technology's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spotify Technology's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Spotify Ptb Ratio Regression Statistics

Arithmetic Mean40.64
Coefficient Of Variation142.83
Mean Deviation47.91
Median18.58
Standard Deviation58.05
Sample Variance3,370
Range199
R-Value(0.62)
Mean Square Error2,217
R-Squared0.39
Significance0.01
Slope(8.10)
Total Sum of Squares47,185

Spotify Ptb Ratio History

2024 11.66
2023 13.12
2022 5.92
2021 18.58
2020 17.22
2019 11.85
2018 8.37

About Spotify Technology Financial Statements

Spotify Technology shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Spotify Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Spotify Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spotify Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
PTB Ratio 13.12  11.66 

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Additional Tools for Spotify Stock Analysis

When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.