Netflix price to book ratio NFLX
Market value divided by the book value of the company's net assets, since 2009.
- Today, Oct 23, 2026
- 9.4×
- 10-year median
- 19.2×
- Against its 10-year history
- 17th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.4× to 44.4×
- Peer median
- 2.4×
Netflix's price to book ratio is 9.4× as of Oct 23, 2026.
That is below its ten-year median of 19.2×, lower than on 83% of days in the last ten years.
Over that time it ranged from 4.4× in Jun 2022 to 44.4× in Jun 2018.
The median for 4 entertainment stocks of a similar size is 2.4×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 9.4× | 9.3× | 16.3× |
| 2025 | 15.4× | 14.8× | 23.4× |
| 2024 | 17.1× | 9.4× | 17.6× |
| 2023 | 9.6× | 6.3× | 9.6× |
| 2022 | 6.4× | 4.4× | 15.7× |
| 2021 | 17.4× | 16.5× | 24.2× |
| 2020 | 23.1× | 19.3× | 28.7× |
| 2019 | 21.0× | 17.6× | 30.5× |
| 2018 | 22.3× | 21.4× | 44.4× |
| 2017 | 25.0× | 20.7× | 27.7× |
| 2016 | 21.0× | 15.2× | 22.0× |
| 2015 | 22.6× | 11.5× | 25.9× |
| 2014 | 11.9× | 11.7× | 20.1× |
| 2013 | 18.1× | 7.4× | 18.5× |
| 2012 | 6.9× | 4.3× | 17.1× |
| 2011 | 9.4× | 8.6× | 62.9× |
| 2010 | 47.8× | 12.0× | 53.0× |
| 2009 | 13.0× | 7.2× | 14.1× |
Against its peers
Companies in Entertainment nearest Netflix's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| NFLXNetflix | 9.4× |
| DISWalt Disney | 1.8× |
| LYVLive Nation Entertainment | n/m |
| TKOTKO | 9.6× |
| FOXAFox | 2.4× |
| Peer median | 2.4× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Netflix
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.