PB Ratio: 61.01

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 61.01 is 49% above its 5-year average of 40.90, around the middle of its 5-year range (20.49–80.10).

As of Friday, September 4, 2026. 11.89% above its 12-month average of 54.53.

NET PB Ratio Metrics

P/B vs. its own history

At 61.01, P/B is above its 7-year median — higher than 94% of readings in its 7-year history.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Cloudflare, Inc. (NET)?

The P/B ratio for NET stock is 61.01.

Is Cloudflare, Inc.'s P/B ratio high or low?

The P/B ratio of 61.01 is 49% above its 5-year average of 40.90, around the middle of its 5-year range (20.49–80.10).

What is the TTM average P/B ratio for Cloudflare, Inc. (NET)?

The TTM average P/B ratio for NET stock is 54.53.

What is the 3Y average P/B ratio for Cloudflare, Inc. (NET)?

The 3Y average P/B ratio for NET stock is 43.94.

What is the 5Y average P/B ratio for Cloudflare, Inc. (NET)?

The 5Y average P/B ratio for NET stock is 40.90.

Showing the most recent 260 of 1,754 data points. The chart above shows the full history.

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