Superworth

Netflix forward PE NFLX

Share price divided by analysts' consensus earnings for the next twelve months, since 2004.

Today, Oct 23, 2026
18.3×
10-year median
48.6×
Against its 10-year history
0th
percentile: 0 is its lowest day, 100 its highest
10-year range
18.3× to 188×
Peer median
14.9×

Netflix's forward PE is 18.3× as of Oct 23, 2026.

That is below its ten-year median of 48.6×, lower than on 100% of days in the last ten years.

Over that time it ranged from 18.3× in Oct 2026 to 188× in Jun 2018.

The median for 4 entertainment stocks of a similar size is 14.9×.

Forward PE over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far18.3×18.3×33.8×
202532.3×32.3×48.7×
202438.0×27.8×39.1×
202329.3×23.8×34.1×
202230.2×20.7×61.3×
202168.3×49.1×78.2×
202053.3×46.9×65.8×
201953.9×45.1×144×
2018109×84.7×188×
201777.4×75.3×141×
2016130×80.0×150×
201588.0×59.8×101×
201486.6×80.6×118×
201391.9×63.9×98.9×
2012n/m a value too high to mean anything
201186.3×48.9×86.3×
201048.0×16.9×53.2×
200918.3×14.6×27.1×
200818.4×12.2×30.6×
200726.7×19.9×41.2×

Against its peers

Companies in Entertainment nearest Netflix's size, closest first, today.

CompanyForward PE
NFLXNetflix18.3×
DISWalt Disney14.9×
LYVLive Nation Entertainment149×
TKOTKOn/m
FOXAFox11.2×
Peer median14.9×

Where Netflix ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Netflix

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.