Based on the most recent data from Nov 3, 2026, NFLX's PEG ratio comes in at 0.42. This metric factors in a PE of 18.02 with an earnings growth rate of 43.1%. Relative to the 0.78 average from the previous four quarters, the PEG ratio has contracted by 46%.
Looking at the last ten years, NFLX's PEG ratio has has been around 1.71 on average. At 0.42, today's PE to growth ratio sits 75% below its historical average. Within the last ten years, the Jun 2019 quarter recorded the highest PEG value at 10.87. At 0.46, the Sep 2026 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.34 | 36.34 | 27.1% |
| 2024 | 0.66 | 43.91 | 66.4% |
| 2023 | 1.92 | 39.91 | 20.8% |
| 2022 | N/A | 29.2 | -12.9% |
| 2021 | 0.62 | 51.93 | 84.1% |
| 2020 | 1.85 | 85.83 | 46.5% |
| 2019 | 1.4 | 75.25 | 53.6% |
| 2018 | 0.83 | 95.59 | 115.4% |
| 2017 | 0.66 | 147.66 | 225% |
| 2016 | 9.29 | 309.5 | 33.3% |
| 2015 | N/A | 381.27 | -50% |
| 2014 | 0.81 | 81.33 | 100% |
| 2013 | N/A | 175.33 | N/A |
| 2012 | N/A | N/A | -100% |
| 2011 | 0.33 | 16.5 | 50% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.46 | 19.77 | 43.1% |
| Jun 2026 | 0.65 | 22.11 | 34% |
| Mar 2026 | 0.67 | 30.43 | 45.6% |
| Dec 2025 | 1.34 | 36.34 | 27.1% |
| Sep 2025 | 1.33 | 48.74 | 36.7% |
| Jun 2025 | 1.16 | 55.57 | 47.9% |
| Mar 2025 | 0.9 | 42.97 | 47.6% |
| Dec 2024 | 0.66 | 43.91 | 66.4% |
| Sep 2024 | 0.52 | 39.4 | 76.5% |
| Jun 2024 | 0.58 | 41.4 | 71.6% |
| Mar 2024 | 0.73 | 41.31 | 56.4% |
| Dec 2023 | 1.92 | 39.91 | 20.8% |
| Sep 2023 | N/A | 37.02 | -10.5% |
| Jun 2023 | N/A | 46.37 | -17.4% |
| Mar 2023 | N/A | 36.75 | -16.8% |
NFLX's PEG ratio today is below the 3, 5 and 10-year averages.
With a PEG of 0.42, NFLX is below the Communication Services sector and the industry average. Compared to its Communication Services sector average of 0.59, Netflix's PEG is 29% lower.
Compared to its peers, NFLX's PEG ratio is under FOXA's but above GOOGL's and AMZN's.
According to Nov 3, 2026 data, NFLX's PEG ratio sits at 0.42.
NFLX has a 3-year average PEG ratio of 0.91.
NFLX has a 5-year average PEG ratio of 0.91.
NFLX's PEG ratio peaked at 10.87 during the Jun 2019 quarter - the highest in ten years.
NFLX currently has a PEG ratio 75% below its 10-year average.
At 0.42, NFLX's PEG ratio suggests the stock may be attractively priced given its growth rate.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Nov 3, 2026, Netflix has a P/E ratio of 18.02. Earnings grew at 43.1% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 0.42. PEG RATIO(0.42) = PE RATIO(18.02) / EPS GROWTH(43.1%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.