Spotify TechnologySPOT.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Spotify Technology (SPOT.N) trades at a P/E of 28.60x, P/B of 11.40x, P/S of 5.27x, and a dividend yield of 0.00%.
Longitudinal percentile comparison: P/E sits at the 9th percentile over the trailing 10Y window (vs. 12th percentile over 3Y); P/B sits at the 32nd percentile over the trailing 10Y window (vs. 22nd percentile over 3Y); P/S sits at the 71st percentile over the trailing 10Y window (vs. 57th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 84th percentile within its industry and the 68th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 0.47%, ranking at the 74th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 23.5 points — relying on either metric alone could be misleading. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Shareholder returns here lean heavily on buybacks rather than cash dividends. Spotify Technology operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: SPOT · SPOT
Want the full picture on whether Spotify Technology (SPOT.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 28.60 | ||||||
| P/B (MRQ) | 11.40 | ||||||
| P/S (TTM) | 5.27 | ||||||
| Dividend Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback + Div Yield | 0.47% |