Netflix (NFLX) Price to Book (2009 - 2026)
Netflix's (NFLX) Price to Book was 9.86 for Q2 2026, down 56.8% from 22.80 a year earlier and down 24.2% from the prior quarter.
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Analysis
Netflix (NFLX) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price to Book at Netflix was 14.87, down 3.5% from FY2024.
- By year, Price to Book came in at 15.41 in FY2024 (+50.6%), 10.23 in FY2023 (+61.9%), 6.32 in FY2022 (-62.5%) and 16.87 in FY2021 (-22.0%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Book since Q3 2023.
- Year over year, Price to Book has now declined in each of the last three quarters, with growth averaging 25.4% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q2 2023 (growth of 109.7%); the low point was Q2 2022 (a decline of 75.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.01 (Q1 2026), 14.87 (Q4 2025) and 19.57 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Netflix Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();