Netflix
NFLX
#69
Rank
$160.66 B
Marketcap
$360.77
Share price
-1.12%
Change (1 day)
-15.54%
Change (1 year)

Netflix, Inc. is an American media company engaged in paid streaming and the production of films and series.

P/E ratio for Netflix (NFLX)

P/E ratio as of January 2023 (TTM): 35.7

According to Netflix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.7198. At the end of 2021 the company had a P/E ratio of 52.2.

P/E ratio history for Netflix from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202152.2-39.56%
202086.413.99%
201975.8-21.3%
201896.3-35.3%
2017149-47.11%
2016281-29.72%
2015400420.32%
201476.9-60.09%
2013193-35.46%
20122991792.36%
201115.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
91.9 157.28%๐Ÿ‡บ๐Ÿ‡ธ USA
63.3 77.26%๐Ÿ‡บ๐Ÿ‡ธ USA
2.71-92.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.88-124.85%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.