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 May 2023 (TTM): 41.7
According to Netflix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.6734. 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 |
|---|---|---|
| 2021 | 52.2 | -39.56% |
| 2020 | 86.4 | 13.99% |
| 2019 | 75.8 | -21.3% |
| 2018 | 96.3 | -35.3% |
| 2017 | 149 | -47.11% |
| 2016 | 281 | -29.72% |
| 2015 | 400 | 420.32% |
| 2014 | 76.9 | -60.09% |
| 2013 | 193 | -35.46% |
| 2012 | 299 | 1792.36% |
| 2011 | 15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | -454 | -1,189.32% | 🇺🇸 USA |
 Walt Disney DIS | 48.3 | 15.79% | 🇺🇸 USA |
 AMC Networks
AMCX | 53.5 | 28.49% | 🇺🇸 USA |
 Warner Bros. Discovery WBD | -5.14 | -112.33% | 🇺🇸 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.