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Netflix, Inc. (NFLX)
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Netflix, Inc. (NFLX) PB Ratio: 11.32

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

Netflix, Inc.'s P/B ratio of 11.32 is 13% below its 5-year average of 13.02, around the middle of its 5-year range (4.30–24.35).

34.90% below its 12-month average of 17.39.

NFLX PB Ratio Chart

NFLX PB Ratio
11.32-48.29% 1Y
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NFLX Average PB Ratio Chart

NFLX Current vs Average PB Ratio Chart

NFLX PB Ratio Metrics

PB RATIO

11.32

PB RATIO AVG TTM

17.39

PB RATIO AVG 3Y

14.65

PB RATIO AVG 5Y

13.02

PB RATIO AVG 10Y

19.29

PB RATIO AVG 15Y

18.49

PB RATIO AVG 20Y

17.73

CURRENT VS TTM AVG

-34.90%

CURRENT VS 3Y AVG

-22.75%

CURRENT VS 5Y AVG

-13.08%

CURRENT VS 10Y AVG

-41.32%

CURRENT VS 15Y AVG

-38.79%

CURRENT VS 20Y AVG

-36.14%

NFLX Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Netflix, Inc. (NFLX)$340.48B11.3217.3914.6513.02
T-Mobile US, Inc. (TMUS)$202.64B3.664.043.683.18
Verizon Communications Inc. (VZ)$199.15B1.911.801.762.02
The Walt Disney Company (DIS)$171.33B1.611.831.812.12
AT&T Inc. (T)$161.27B1.491.771.501.31
Tencent Holdings Limited (TCEHY)$535.26B3.344.133.873.94
Spotify Technology S.A. (SPOT)$100.54B11.3714.8816.4514.55
Comcast Corporation (CMCSA)$85.68B0.981.181.681.89
Electronic Arts Inc. (EA)$50.92B7.607.835.975.48
Reddit, Inc. (RDDT)$32.03B10.6613.9411.1411.14

P/B vs. its own history

At 11.32, P/B is cheaper than usual, sitting higher than 32% of its 20-year history.

20-year low

2.63

median

17.04

20-year high

69.61

cheaperricher

Book Value Analysis

P/B Ratio

11.32

Market Price / Book Value per Share

Netflix, 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

Netflix, Inc. PB Ratio FAQ

What is the P/B ratio for Netflix, Inc. (NFLX)?
The P/B ratio for NFLX stock is 11.32.
Is Netflix, Inc.'s P/B ratio high or low?
Netflix, Inc.'s P/B ratio of 11.32 is 13% below its 5-year average of 13.02, around the middle of its 5-year range (4.30–24.35).
What is the TTM average P/B ratio for Netflix, Inc. (NFLX)?
The TTM average P/B ratio for NFLX stock is 17.39.
What is the 3Y average P/B ratio for Netflix, Inc. (NFLX)?
The 3Y average P/B ratio for NFLX stock is 14.65.
What is the 5Y average P/B ratio for Netflix, Inc. (NFLX)?
The 5Y average P/B ratio for NFLX stock is 13.02.
What is the 10Y average P/B ratio for Netflix, Inc. (NFLX)?
The 10Y average P/B ratio for NFLX stock is 19.29.
What is the 15Y average P/B ratio for Netflix, Inc. (NFLX)?
The 15Y average P/B ratio for NFLX stock is 18.49.
What is the 20Y average P/B ratio for Netflix, Inc. (NFLX)?
The 20Y average P/B ratio for NFLX stock is 17.73.

Netflix, Inc. PB Ratio History

DATEPB RATIO
2026-06-1011.32
2026-06-0911.24
2026-06-0811.41
2026-06-0511.35
2026-06-0411.26
2026-06-0311.26
2026-06-0211.51
2026-06-0111.86
2026-05-2911.88
2026-05-2811.93
2026-05-2712.06
2026-05-2612.11
2026-05-2212.24
2026-05-2112.33
2026-05-2012.16
2026-05-1912.34
2026-05-1812.38
2026-05-1512.02
2026-05-1412.01
2026-05-1312.09
2026-05-1212.11
2026-05-1111.80
2026-05-0812.08
2026-05-0712.19
2026-05-0612.19
2026-05-0512.14
2026-05-0412.57
2026-05-0112.71
2026-04-3012.93
2026-04-2912.72
2026-04-2812.74
2026-04-2712.62
2026-04-2412.77
2026-04-2312.82
2026-04-2212.88
2026-04-2112.78
2026-04-2013.10
2026-04-1713.44
2026-04-1617.48
2026-04-1517.47
2026-04-1417.24
2026-04-1316.73
2026-04-1016.71
2026-04-0916.55
2026-04-0816.12
2026-04-0716.03
2026-04-0616.05
2026-04-0216.00
2026-04-0115.50
2026-03-3115.60
2026-03-3015.08
2026-03-2715.15
2026-03-2615.14
2026-03-2514.97
2026-03-2414.75
2026-03-2315.15
2026-03-2014.89
2026-03-1914.88
2026-03-1815.36
2026-03-1715.31
2026-03-1615.44
2026-03-1315.46
2026-03-1215.30
2026-03-1115.39
2026-03-1015.72
2026-03-0915.95
2026-03-0616.06
2026-03-0516.09
2026-03-0416.00
2026-03-0315.85
2026-03-0215.75
2026-02-2715.61
2026-02-2613.72
2026-02-2513.41
2026-02-2412.66
2026-02-2312.33
2026-02-2012.76
2026-02-1912.49
2026-02-1812.65
2026-02-1712.49
2026-02-1312.47
2026-02-1212.30
2026-02-1112.91
2026-02-1013.33
2026-02-0913.21
2026-02-0613.33
2026-02-0513.12
2026-02-0413.00
2026-02-0312.97
2026-02-0213.42
2026-01-3013.54
2026-01-2913.49
2026-01-2813.73
2026-01-2713.88
2026-01-2613.90
2026-01-2313.97
2026-01-2213.97
2026-01-2114.28
2026-01-2014.59
2026-01-1614.72
2026-01-1514.72
2026-01-1414.81
2026-01-1315.10
2026-01-1214.95
2026-01-0914.96
2026-01-0815.14
2026-01-0715.17
2026-01-0615.16
2026-01-0515.30
2026-01-0215.22
2025-12-3115.68
2025-12-3015.68
2025-12-2915.75
2025-12-2615.80
2025-12-2415.66
2025-12-2315.64
2025-12-2215.59
2025-12-1915.79
2025-12-1815.72
2025-12-1715.85
2025-12-1615.82
2025-12-1515.68
2025-12-1215.92
2025-12-1115.74
2025-12-1015.50
2025-12-0916.17
2025-12-0816.19
2025-12-0516.76
2025-12-0417.26
2025-12-0317.39
2025-12-0218.29
2025-12-0118.25
2025-11-2817.99
2025-11-2617.75
2025-11-2517.46
2025-11-2417.89
2025-11-2117.44
2025-11-2017.67
2025-11-1918.40
2025-11-1819.08
2025-11-1718.44
2025-11-1418.60
2025-11-1319.30
2025-11-1219.36
2025-11-1119.00
2025-11-1018.73
2025-11-0718.46
2025-11-0618.35
2025-11-0518.37
2025-11-0418.28
2025-11-0318.40
2025-10-3118.71
2025-10-3018.21
2025-10-2918.40
2025-10-2818.44
2025-10-2718.31
2025-10-2418.31
2025-10-2318.62
2025-10-2218.67
2025-10-2121.64
2025-10-2021.59
2025-10-1720.90
2025-10-1620.63
2025-10-1520.97
2025-10-1421.18
2025-10-1321.25
2025-10-1021.26
2025-10-0921.46
2025-10-0821.16
2025-10-0720.76
2025-10-0620.27
2025-10-0320.10
2025-10-0220.26
2025-10-0120.41
2025-09-3020.90
2025-09-2921.03
2025-09-2621.10
2025-09-2521.06
2025-09-2420.98
2025-09-2321.24
2025-09-2221.39
2025-09-1921.39
2025-09-1821.05
2025-09-1721.41
2025-09-1620.92
2025-09-1520.95
2025-09-1220.71
2025-09-1120.98
2025-09-1021.75
2025-09-0922.02
2025-09-0821.70
2025-09-0521.68
2025-09-0421.92
2025-09-0321.37
2025-09-0221.16
2025-08-2921.06
2025-08-2821.46
2025-08-2721.32
2025-08-2621.37
2025-08-2521.23
2025-08-2221.00
2025-08-2121.02
2025-08-2021.16
2025-08-1921.16
2025-08-1821.70
2025-08-1521.59
2025-08-1421.45
2025-08-1320.99
2025-08-1221.36
2025-08-1121.23
2025-08-0821.12
2025-08-0720.57
2025-08-0620.54
2025-08-0520.01
2025-08-0420.41
2025-08-0120.19
2025-07-3120.21
2025-07-3020.64
2025-07-2920.37
2025-07-2820.47
2025-07-2520.57
2025-07-2420.58
2025-07-2320.51
2025-07-2220.74
2025-07-2121.50
2025-07-1821.07
2025-07-1723.17
2025-07-1622.74
2025-07-1522.92
2025-07-1422.95
2025-07-1122.64
2025-07-1022.74
2025-07-0923.43
2025-07-0823.19
2025-07-0723.45
2025-07-0323.59
2025-07-0223.37
2025-07-0123.52
2025-06-3024.35
2025-06-2724.06
2025-06-2623.76
2025-06-2523.19
2025-06-2423.26
2025-06-2322.80
2025-06-2022.39
2025-06-1822.23
2025-06-1722.20
2025-06-1622.28
2025-06-1322.04
2025-06-1222.10
2025-06-1122.18
2025-06-1021.89
2025-06-0922.27
2025-06-0622.58
2025-06-0522.74
2025-06-0422.54
2025-06-0322.15
2025-06-0222.17
2025-05-3021.95
2025-05-2921.55

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Netflix, Inc.

Netflix, Inc. serves as a worldwide entertainment provider. Its comprehensive library features television series, motion pictures, documentaries, and mobile games, spanning numerous genres and languages. Members can effortlessly stream this content through a variety of internet-connected devices, including smart TVs, digital media players, cable boxes, and mobile phones. Furthermore, the company continues to offer a DVD-by-mail subscription service to its customers in the United States. With roughly 222 million paying subscribers distributed across 190 countries, Netflix was founded in 1997 and is headquartered in Los Gatos, California.

Los Gatos, CA
14,000 employees
Communication Services / Entertainment
Sector
Communication Services
Industry
Entertainment
CEO
Theodore A. Sarandos