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Cloudflare, Inc. (NET) PB Ratio: 54.54

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

Cloudflare, Inc.'s P/B ratio of 54.54 is 35% above its 5-year average of 40.41, around the middle of its 5-year range (20.49–80.10).

The P/B ratio for Cloudflare, Inc. (NET) is 54.54. It is above its 12-month average by 5.17% (51.86).

NET PB Ratio Chart

NET PB Ratio
54.54+26.51% 1Y
Zoom

NET Average PB Ratio Chart

NET Current vs Average PB Ratio Chart

NET PB Ratio Metrics

PB RATIO

54.54

PB RATIO AVG TTM

51.86

PB RATIO AVG 3Y

41.71

PB RATIO AVG 5Y

40.41

PB RATIO AVG 10Y

34.79

PB RATIO AVG 15Y

34.79

PB RATIO AVG 20Y

34.79

CURRENT VS TTM AVG

+5.17%

CURRENT VS 3Y AVG

+30.76%

CURRENT VS 5Y AVG

+34.95%

CURRENT VS 10Y AVG

+56.76%

CURRENT VS 15Y AVG

+56.76%

CURRENT VS 20Y AVG

+56.76%

NET Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Cloudflare, Inc. (NET)54.5451.8641.7140.41
Snowflake Inc. (SNOW)$83.07B42.6731.2018.9616.42
Datadog, Inc. (DDOG)$80.92B20.7915.5517.9624.31
Intuit Inc. (INTU)$80.36B3.938.349.139.65
Synopsys, Inc. (SNPS)$89.09B2.924.198.889.11
Monolithic Power Systems, Inc. (MPWR)$75.27B20.5114.4414.6715.34
NXP Semiconductors N.V. (NXPI)$75.09B6.905.856.346.61
Adobe Inc. (ADBE)$96.15B8.5511.5014.0214.51
Fortinet, Inc. (FTNT)$101.39B103.8758.06496.11435.38
Hewlett Packard Enterprise Company (HPE)$63.89B2.731.361.181.12

P/B vs. its own history

At 54.54, P/B is richer than usual — richer than 92% of its 7-year range.

7-year low

6.46

median

33.83

7-year high

80.10

cheaperricher

Book Value Analysis

P/B Ratio

54.54

Market Price / Book Value per Share

Cloudflare, Inc. 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

Cloudflare, Inc. PB Ratio FAQ

What is the P/B ratio for Cloudflare, Inc. (NET)?
The P/B ratio for NET stock is 54.54.
Is Cloudflare, Inc.'s P/B ratio high or low?
Cloudflare, Inc.'s P/B ratio of 54.54 is 35% above its 5-year average of 40.41, 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 51.86.
What is the 3Y average P/B ratio for Cloudflare, Inc. (NET)?
The 3Y average P/B ratio for NET stock is 41.71.
What is the 5Y average P/B ratio for Cloudflare, Inc. (NET)?
The 5Y average P/B ratio for NET stock is 40.41.
What is the 10Y average P/B ratio for Cloudflare, Inc. (NET)?
The 10Y average P/B ratio for NET stock is 34.79.
What is the 15Y average P/B ratio for Cloudflare, Inc. (NET)?
The 15Y average P/B ratio for NET stock is 34.79.
What is the 20Y average P/B ratio for Cloudflare, Inc. (NET)?
The 20Y average P/B ratio for NET stock is 34.79.

Cloudflare, Inc. PB Ratio History

DATEPB RATIO
2026-06-0954.54
2026-06-0857.23
2026-06-0557.77
2026-06-0462.05
2026-06-0361.28
2026-06-0262.98
2026-06-0162.55
2026-05-2955.85
2026-05-2852.69
2026-05-2748.32
2026-05-2650.25
2026-05-2249.93
2026-05-2149.12
2026-05-2048.53
2026-05-1947.75
2026-05-1846.60
2026-05-1545.63
2026-05-1446.15
2026-05-1344.49
2026-05-1243.14
2026-05-1144.70
2026-05-0845.30
2026-05-0761.79
2026-05-0659.81
2026-05-0558.81
2026-05-0453.94
2026-05-0152.33
2026-04-3049.32
2026-04-2951.00
2026-04-2850.17
2026-04-2751.10
2026-04-2449.82
2026-04-2349.33
2026-04-2249.94
2026-04-2149.97
2026-04-2049.28
2026-04-1748.36
2026-04-1647.49
2026-04-1545.75
2026-04-1442.99
2026-04-1344.28
2026-04-1040.18
2026-04-0946.45
2026-04-0850.83
2026-04-0752.04
2026-04-0650.96
2026-04-0250.94
2026-04-0149.43
2026-03-3149.65
2026-03-3046.83
2026-03-2748.85
2026-03-2650.56
2026-03-2552.45
2026-03-2451.29
2026-03-2353.09
2026-03-2051.83
2026-03-1953.26
2026-03-1854.25
2026-03-1750.89
2026-03-1649.89
2026-03-1351.12
2026-03-1251.04
2026-03-1151.25
2026-03-1049.93
2026-03-0948.48
2026-03-0646.97
2026-03-0546.27
2026-03-0444.73
2026-03-0343.05
2026-03-0243.56
2026-02-2741.43
2026-02-2642.03
2026-02-2543.66
2026-02-2441.63
2026-02-2340.71
2026-02-2045.02
2026-02-1948.96
2026-02-1848.66
2026-02-1749.23
2026-02-1349.78
2026-02-1247.06
2026-02-1148.14
2026-02-1045.74
2026-02-0944.16
2026-02-0644.02
2026-02-0541.44
2026-02-0442.41
2026-02-0343.29
2026-02-0246.36
2026-01-3045.08
2026-01-2945.85
2026-01-2846.99
2026-01-2752.34
2026-01-2648.12
2026-01-2344.08
2026-01-2244.05
2026-01-2143.20
2026-01-2045.09
2026-01-1646.81
2026-01-1546.80
2026-01-1447.88
2026-01-1347.96
2026-01-1247.37
2026-01-0946.46
2026-01-0847.52
2026-01-0751.55
2026-01-0650.32
2026-01-0550.24
2026-01-0249.82
2025-12-3150.11
2025-12-3050.74
2025-12-2951.01
2025-12-2651.44
2025-12-2451.51
2025-12-2351.36
2025-12-2251.36
2025-12-1949.73
2025-12-1849.26
2025-12-1748.65
2025-12-1650.20
2025-12-1549.99
2025-12-1251.45
2025-12-1152.85
2025-12-1054.25
2025-12-0953.10
2025-12-0852.32
2025-12-0551.07
2025-12-0451.89
2025-12-0351.94
2025-12-0251.15
2025-12-0150.12
2025-11-2850.89
2025-11-2650.07
2025-11-2550.19
2025-11-2449.30
2025-11-2147.37
2025-11-2048.64
2025-11-1949.87
2025-11-1849.95
2025-11-1751.40
2025-11-1453.53
2025-11-1354.27
2025-11-1257.36
2025-11-1159.71
2025-11-1061.13
2025-11-0759.17
2025-11-0657.41
2025-11-0558.08
2025-11-0459.20
2025-11-0363.06
2025-10-3164.38
2025-10-3056.55
2025-10-2963.73
2025-10-2862.78
2025-10-2763.10
2025-10-2461.06
2025-10-2360.87
2025-10-2259.07
2025-10-2159.70
2025-10-2059.71
2025-10-1758.86
2025-10-1659.25
2025-10-1560.93
2025-10-1460.98
2025-10-1362.38
2025-10-1059.93
2025-10-0961.93
2025-10-0861.66
2025-10-0760.93
2025-10-0661.95
2025-10-0360.73
2025-10-0262.94
2025-10-0160.84
2025-09-3060.15
2025-09-2961.27
2025-09-2660.64
2025-09-2561.16
2025-09-2460.98
2025-09-2362.58
2025-09-2263.99
2025-09-1963.33
2025-09-1862.67
2025-09-1759.95
2025-09-1661.45
2025-09-1563.35
2025-09-1262.03
2025-09-1162.97
2025-09-1062.50
2025-09-0961.26
2025-09-0861.08
2025-09-0560.10
2025-09-0458.86
2025-09-0357.66
2025-09-0258.32
2025-08-2958.50
2025-08-2859.82
2025-08-2757.53
2025-08-2655.65
2025-08-2554.90
2025-08-2254.99
2025-08-2154.03
2025-08-2054.15
2025-08-1955.08
2025-08-1856.72
2025-08-1556.31
2025-08-1454.76
2025-08-1355.87
2025-08-1256.71
2025-08-1156.39
2025-08-0857.35
2025-08-0758.99
2025-08-0660.41
2025-08-0558.25
2025-08-0458.53
2025-08-0156.09
2025-07-3158.21
2025-07-3048.70
2025-07-2948.35
2025-07-2848.35
2025-07-2548.11
2025-07-2446.45
2025-07-2345.86
2025-07-2246.20
2025-07-2147.95
2025-07-1847.85
2025-07-1746.37
2025-07-1646.02
2025-07-1545.33
2025-07-1444.35
2025-07-1143.98
2025-07-1044.11
2025-07-0946.91
2025-07-0846.75
2025-07-0746.76
2025-07-0346.38
2025-07-0245.01
2025-07-0144.84
2025-06-3047.48
2025-06-2747.05
2025-06-2646.30
2025-06-2546.10
2025-06-2445.20
2025-06-2344.58
2025-06-2043.47
2025-06-1843.98
2025-06-1743.94
2025-06-1643.47
2025-06-1341.70
2025-06-1241.42
2025-06-1143.57
2025-06-1043.48
2025-06-0943.11
2025-06-0643.56
2025-06-0542.75
2025-06-0441.44
2025-06-0341.84
2025-06-0241.15
2025-05-3040.22
2025-05-2939.80
2025-05-2839.27

Showing the most recent 260 of 1,693 data points. The chart above shows the full history.

About Cloudflare, Inc.

Cloudflare, Inc. functions as a global provider of cloud-based services. The company delivers a comprehensive, integrated cloud security platform designed to safeguard a diverse array of digital environments, encompassing public and private clouds, on-premises infrastructure, Software-as-a-Service (SaaS) applications, and Internet of Things (IoT) devices. Its security portfolio features tools such as cloud firewalls, bot mitigation, distributed denial-of-service (DDoS) protection, IoT security, SSL/TLS encryption, secure origin connections, and rate limiting capabilities. Beyond security, Cloudflare also boosts online performance through services like content delivery networks (CDNs), intelligent routing, and various content, mobile, and image optimization tools. For enhanced reliability and availability, it provides solutions such as load balancing, its proprietary Anycast network, a virtual backbone, DNS services, DNS resolvers, and virtual waiting rooms. Furthermore, the company offers internal infrastructure tools, including "on-ramps" that facilitate seamless connections for users, devices, or locations to its expansive network, alongside "filters" engineered for data protection, inspection, and access management. Developer-centric solutions encompass serverless computing, programmable networks, website creation, domain registration, a suite of Cloudflare applications, advanced analytics, and data localization management. For individual consumers, Cloudflare provides a DNS Resolver application to improve internet browsing and a Consumer VPN to secure and speed up mobile device traffic. Its clientele spans a broad spectrum of industries, including technology, healthcare, financial services, consumer and retail, non-profit organizations, and government agencies. Established in 2009, Cloudflare, Inc. is headquartered in San Francisco, California.

San Francisco, CA
4,400 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Matthew Prince