PB Ratio: 68.82

Basis: FMP quote market capitalization / matching reported stockholders equity. 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 68.82 is 68% above its estimated 5-year average of 40.92, near the high end of its estimated 5-year range (20.49–80.10).

As of 2026-09-09T19:59:59.000Z. 26.04% above its estimated 12-month average of 54.60.

NET PB Ratio Metrics

P/B vs. estimated history

At 68.82, P/B is above its estimated 7-year median — higher than 98% of readings in its estimated 7-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

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 68.82.

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

The P/B ratio of 68.82 is 68% above its estimated 5-year average of 40.92, near the high end of its estimated 5-year range (20.49–80.10).

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

The estimated TTM average P/B ratio for NET stock is 54.60.

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

The estimated 3Y average P/B ratio for NET stock is 44.10.

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

The estimated 5Y average P/B ratio for NET stock is 40.92.

Showing the most recent 260 of 1,756 data points. The chart above shows the full history.

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