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NFLX Netflix PE ratio, current and historical analysis

As of Jun 20, 2024, the NFLX stock has a PE ratio of 46.13. The calculation is based on the latest EPS of $14.72 and the stock price of $679.03 per share. An increase of 12% has been observed in the PE ratio compared to its average of 41.1 of the last four quarters.

NFLX PE ratio history

How has NFLX's PE ratio performed in the past

The mean historical PE ratio of Netflix over the last ten years is 125.16. The current 46.13 P/E ratio is 63% 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.

Average
125.16
Median
91.33
Minimum
15.23
Maximum
394.41

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

What is the average PE ratio of NFLX for the past years

Currently, NFLX's PE ratio is higher than its 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
38.19
5-year avg
56.59
10-year avg
125.16
15-year avg
119.61

NFLX PE vs peers

What is NFLX's PE ratio compared to its peers

NFLX's PE ratio stands lower than its peer stocks AMZN and DIS, but it is higher than GOOGL's and FOXA's.

Stock name PE ratio Market cap
FOXA Fox Corp 10.73 $16.03B
GOOGL Alphabet Inc 26.83 $2.18T
NFLX Netflix Inc 46.13 $292.64B
AMZN Amazon Com Inc 51.13 $1.94T
DIS Walt Disney Co 109.51 $185.66B

Frequently asked questions

What is Netflix's PE ratio?

As of Jun 20, 2024, NFLX stock has a price to earnings ratio of 46.13.

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 38.19.

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 56.59.

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 63% 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 (Jun 20, 2024), Netflix's share price is $679.03. 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 46.13. PE RATIO(46.13) = STOCK PRICE($679.03) / TTM EPS($14.72)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.