PE Ratio: 24.03

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 24.03 is 40% below its 5-year average of 40.30, near the low end of its 5-year range (15.10–67.69).

As of 2026-09-16T22:55:41.631Z. 31.47% below its 12-month average of 35.06.

PE Ratio (24.03) = Close Price ($76.41) / Diluted TTM EPS ($3.18)

NFLX PE Ratio Metrics

P/E vs. its own history

At 24.0, P/E is below its 20-year median — higher than 10% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Netflix, Inc. (NFLX)?

The P/E ratio for NFLX stock is 24.03.

Is Netflix, Inc.'s P/E ratio high or low?

The P/E ratio of 24.03 is 40% below its 5-year average of 40.30, near the low end of its 5-year range (15.10–67.69).

What is the TTM average P/E ratio for Netflix, Inc. (NFLX)?

The TTM average P/E ratio for NFLX stock is 35.06.

What is the 3Y average P/E ratio for Netflix, Inc. (NFLX)?

The 3Y average P/E ratio for NFLX stock is 43.83.

What is the 5Y average P/E ratio for Netflix, Inc. (NFLX)?

The 5Y average P/E ratio for NFLX stock is 40.30.

What is the 10Y average P/E ratio for Netflix, Inc. (NFLX)?

The 10Y average P/E ratio for NFLX stock is 81.65.

What is the 15Y average P/E ratio for Netflix, Inc. (NFLX)?

The 15Y average P/E ratio for NFLX stock is 123.18.

What is the 20Y average P/E ratio for Netflix, Inc. (NFLX)?

The 20Y average P/E ratio for NFLX stock is 84.46.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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