Netflix, Inc. P/B Ratio
Data as of June 01, 2026
P/B Ratio
11.64
Stock Price
$86.02
Book Value/Share
$7.39
Sector
Communication Services
How It's Calculated
11.64 = $86.02 ÷ $7.39
What This Means
Netflix, Inc.'s P/B ratio of 11.64 is significantly elevated, often seen in asset-light businesses like tech or services where intangible assets drive most of the value.
About Netflix, Inc.
Netflix, Inc. (NFLX) operates in the Communication Services sector, specifically in Entertainment. With a market capitalization of about $362.21B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $86.02, within a 52-week range of $75.01 to $134.12 (-35.9% from the high, +14.7% from the low). Beta of 1.55 suggests the stock has been more volatile than the broader market.
Trailing profit margin is about 28.5%, signaling a strong profit margin relative to many peers.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Netflix, Inc., P/B is especially useful when earnings are volatile or temporarily depressed. In Communication Services, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Communication Services names on our S&P 100 coverage, Netflix, Inc.'s P/B ratio of 11.64 can be compared with peers such as GOOGL (9.63), GOOG (9.53), META (6.59). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Communication Services stocks.
Key Takeaways
- NFLX is grouped in the Communication Services sector for peer comparisons.
- Recent beta of 1.55 suggests higher-than-market price sensitivity.
- Trailing profit margin of 28.5% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for NFLX.
Other NFLX Metrics
Frequently Asked Questions
What does NFLX's price-to-book ratio indicate?
P/B compares share price to book value per share. Netflix, Inc.'s P/B of 11.64 reflects how the market prices net assets — especially relevant for asset-heavy Communication Services business models.
Is 11.64 above or below book value?
A P/B above 1.0 (11.64) means the market values NFLX above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Communication Services?
Peer P/B levels in Communication Services (e.g. GOOGL (9.63), GOOG (9.53), META (6.59)) provide context; asset-light vs asset-heavy models differ materially.
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