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
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 |