NFLX Netflix PE ratio, current and historical analysis
As of Nov 21, 2024, the NFLX stock has a PE ratio of 49.64. The calculation is based on the latest EPS of $18.08 and the stock price of $897.48 per share. An increase of 23% has been observed in the PE ratio compared to its average of 40.4 of the last four quarters.
NFLX PE ratio history
The mean historical PE ratio of Netflix over the last ten years is 121.15. The current 49.64 P/E ratio is 59% lower than the historical average. Looking back at the last ten years, NFLX's PE ratio peaked in the Dec 2015 quarter at 394.41, with a price of $114.38 and an EPS of $0.29. The Jun 2022 quarter marked the lowest point at 15.23, with a price of $174.87 and an EPS of $11.48.
Netflix PE ratio by year
Maximum annual increase: 409.18% in 2015
Maximum annual decrease: -58.76% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 39.75 | 36.13% |
| 2022 | 29.2 | -44.02% |
| 2021 | 52.16 | -39.62% |
| 2020 | 86.38 | 13.72% |
| 2019 | 75.96 | -21.11% |
| 2018 | 96.28 | -35.3% |
| 2017 | 148.81 | -47.11% |
| 2016 | 281.36 | -28.66% |
| 2015 | 394.41 | 409.18% |
| 2014 | 77.46 | -58.76% |
NFLX average PE ratio chart
Currently, NFLX's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
NFLX PE vs peers
NFLX's PE ratio stands higher than its peer stocks AMZN and GOOGL. Netflix's current PE ratio of 49.64 is higher than the average of its peers, which is 29.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FOXA Fox Corp | 11.32 | $21.3B |
| GOOGL Alphabet Inc | 22.03 | $2.05T |
| AMZN Amazon Com Inc | 41.59 | $2.09T |
| DIS Walt Disney Co | 42.18 | $207.75B |
| NFLX Netflix Inc | 49.64 | $383.64B |
Frequently asked questions
What is Netflix's PE ratio?
As of Nov 21, 2024, NFLX stock has a price to earnings ratio of 49.64.
What is the 3-year average PE ratio for Netflix (NFLX)?
Over the last 3 years, the average price to earnings ratio for NFLX stock is 35.99.
What is the 5-year average PE ratio for Netflix (NFLX)?
Over the last 5 years, the average price to earnings ratio for NFLX stock is 49.49.
What is the highest PE ratio for NFLX?
Over the last ten years, the quarterly PE ratio reached its highest level at 394.41 in the Dec 2015 quarter.
How does the current PE ratio for NFLX compare to its historical average?
NFLX's current price to earnings ratio is 59% below its 10-year historical average.
How is NFLX's PE ratio calculated (Netflix PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Netflix's share price is $897.48. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $18.08. Therefore, Netflix's PE ratio for today is 49.64. PE RATIO(49.64) = STOCK PRICE($897.48) / TTM EPS($18.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.