As of May 2, 2024, the NFLX stock has a PE ratio of 38.39. The calculation is based on the latest EPS of $14.72 and the stock price of $565.15 per share. A decrease of 6% has been observed in the PE ratio compared to its average of 41.1 of the last four quarters.
The mean historical PE ratio of Netflix over the last ten years is 125.16. The current 38.39 P/E ratio is 69% 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.
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% |
Currently, NFLX's PE ratio is higher than its 3-year average, but it is lower than its 5 and 10-year averages.
NFLX's PE ratio stands lower than its peer stocks AMZN and DIS, but it is higher than GOOGL's and FOXA's. Netflix's current PE ratio of 38.39 is lower than the average of its peers, which is 40.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FOXA Fox Corp | 18.73 | $15.03B |
| GOOGL Alphabet Inc | 25.36 | $2.06T |
| NFLX Netflix Inc | 38.39 | $243.56B |
| AMZN Amazon Com Inc | 50.75 | $1.92T |
| DIS Walt Disney Co | 68.67 | $206.58B |
As of May 2, 2024, NFLX stock has a price to earnings ratio of 38.39.
Over the last 3 years, the average price to earnings ratio for NFLX stock is 38.19.
Over the last 5 years, the average price to earnings ratio for NFLX stock is 56.59.
Over the last ten years, the quarterly PE ratio reached its highest level at 394.41 in the Dec 2015 quarter.
NFLX's current price to earnings ratio is 69% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Netflix's share price is $565.15. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $14.72. Therefore, Netflix's PE ratio for today is 38.39. PE RATIO(38.39) = STOCK PRICE($565.15) / TTM EPS($14.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.