We first briefly survey the value-distribution theory of Lfunctions of the Bohr-Jessen flavor (or the theory of "M -functions"). Limit formulas for the Riemann zeta-function, Dirichlet L-functions, automorphic L-functions etc. are discussed. Then we prove new results on the value-distribution of symmetric power L-functions, which are limit formulas involving associated M -functions.where z = x + iy ∈ C, |dz| = dxdy/2π, and F σ (z, ζ) is a continuous non-negative, explicitly constructed function defined on C.The limit W σ (R; ζ) may be regarded as the probability of how many values of log ζ(σ + it) on the line ℜs = σ belong to the given rectangle R, and F σ (z, ζ) may be called the density function of this probability. Theorem 1.1 is now called the Bohr-Jessen limit theorem.