Netflix (NFLX) fundamentals: P/E, valuation, undervalued?
Netflix · Communication Services · ref. ETF XLC · price $70.46
In short — Netflix trades at 22.2× earnings (P/E), 18.5× forward, with a net margin of 28.2 % and revenue growth of +13 %. Read: Fairly valued (P/E 19 in line with ~11% growth (PEG 1.7)).
Is Netflix stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$70.46-42.0% over range
Oct 14, 25low $67.06 · high $124.14Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
71% recommend buying · 24 analysts
Valuation : Fairly valued — P/E 19 in line with ~11% growth (PEG 1.7)
Valuation
22.2
P/E (price/earnings)
18.5
Forward P/E
2.00
PEG
9.7
Price/book (P/B)
$293.4B
Market cap
3.18
EPS
Profitability & growth
28.2 %
Net margin
+13 %
Revenue growth
+11 %
Earnings growth
$16.7B
Total debt
Netflix income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $31.6B | $4.5B | 14.2 % |
| 2023 | $33.7B | $5.4B | 16.0 % |
| 2024 | $39.0B | $8.7B | 22.3 % |
| 2025 | $45.2B | $11.0B | 24.3 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Netflix's P/E and is the stock undervalued? What's a good P/E?
Netflix's P/E is 22.2 (forward 18.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Fairly valued".
Is Netflix profitable?
Netflix has a net margin of 28.2 % (EPS 3.18). The company is profitable.
Is NFLX stock expensive?
Our read: "Fairly valued" — P/E 19 in line with ~11% growth (PEG 1.7). Cross-check with growth and sector.
💬 A question about Netflix? The JPI assistant answers using our backtest data.