Netflix NFLX
NASDAQ NFLX
$78.25 -4.42 (-5.35%)
At close: Sep 4, 2026 · 4:00 PM EDT

Netflix (NFLX) Price to Book (2009 - 2026)

Netflix (NFLX) posted Price to Book of 9.86 for Q2 2026, down 24.23% on a QoQ basis from 13.01 in Q1 2026, and down 56.76% year-over-year from 22.8 in Q2 2025.

Analysis

Netflix (NFLX) Price to Book (2009 - 2026) Analysis & Trends

Netflix has reported Price to Book for 18 years, with the latest figure at 9.86 in Q2 2026.

  • On a quarterly basis, Price to Book fell 56.76% year-over-year to 9.86 in Q2 2026; TTM through Jun 2026 was 9.86, a 56.76% decrease from a year earlier, with the FY2025 full-year figure at 14.87, down 3.47% from the prior year.
  • Price to Book was 9.86 for Q2 2026 at Netflix, down from 13.01 in the prior quarter.
  • The five-year high for Price to Book was 22.8 in Q2 2025, with the low at 4.08 in Q2 2022.
  • Average Price to Book over 5 years is 11.61, with a median of 11.24 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Price to Book sank 75.82% in 2022, then jumped 109.69% in 2023.
  • Over 5 years, Price to Book stood at 6.32 in 2022, then surged by 61.91% to 10.23 in 2023, then surged by 50.55% to 15.41 in 2024, then dropped by 3.47% to 14.87 in 2025, then slumped by 33.71% to 9.86 in 2026.
  • The last three Price to Book figures came in at 9.86 (Q2 2026), 13.01 (Q1 2026), and 14.87 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 325.83 Bn 316.70 Bn 6.52 Bn
2 Spotify Technology 111.63 Bn 100.71 Bn 1.86 Bn
3 Tencent Music Entertainment 13.00 Bn 9.90 Bn 582.00 Mn
4 FuboTV 1.22 Bn 3.14 Bn 399.10 Mn
5 Huya 947.78 Mn 587.52 Mn 37.58 Mn
6 iQIYI 849.12 Mn 364.94 Mn 152.37 Mn
7 Kaltura 229.15 Mn 197.85 Mn 34.54 Mn
8 CuriosityStream 160.17 Mn 111.78 Mn 16.93 Mn
9 Cineverse 54.91 Mn 50.59 Mn 10.66 Mn
10 LiveOne 47.57 Mn 47.56 Mn 3.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.86
Mar 31, 2026 13.01
Dec 31, 2025 14.87
Sep 30, 2025 19.57
Jun 30, 2025 22.80
Mar 31, 2025 16.52
Dec 31, 2024 15.41
Sep 30, 2024 13.34
Jun 30, 2024 13.10
Mar 31, 2024 12.25
Dec 31, 2023 10.23
Sep 30, 2023 7.48
Jun 30, 2023 8.55
Mar 31, 2023 7.04
Dec 31, 2022 6.32
Sep 30, 2022 5.10
Jun 30, 2022 4.08
Mar 31, 2022 9.49
Dec 31, 2021 16.87
Sep 30, 2021 17.65