Price to Sales (P/S)
since 2005
Paying user area
Try for free
Netflix Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- Common Stock Valuation Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Netflix Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Netflix Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenues1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 23, 2026 | = | ÷ | = | ÷ | |||||||
| Jan 27, 2025 | = | ÷ | = | ÷ | |||||||
| Jan 26, 2024 | = | ÷ | = | ÷ | |||||||
| Jan 26, 2023 | = | ÷ | = | ÷ | |||||||
| Jan 27, 2022 | = | ÷ | = | ÷ | |||||||
| Jan 28, 2021 | = | ÷ | = | ÷ | |||||||
| Jan 29, 2020 | = | ÷ | = | ÷ | |||||||
| Jan 29, 2019 | = | ÷ | = | ÷ | |||||||
| Jan 29, 2018 | = | ÷ | = | ÷ | |||||||
| Jan 27, 2017 | = | ÷ | = | ÷ | |||||||
| Jan 28, 2016 | = | ÷ | = | ÷ | |||||||
| Jan 29, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2014 | = | ÷ | = | ÷ | |||||||
| Feb 1, 2013 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 18, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 22, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 25, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2008 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Netflix Inc. Annual Report.
The Price-to-Sales (P/S) ratio exhibited considerable fluctuation between 2006 and 2026. Initially, the ratio demonstrated a period of relative stability, followed by significant volatility and an overall increasing trend over the observed timeframe.
- Early Period (2006-2011)
- From 2006 to 2011, the P/S ratio began at 2.05 and experienced a decrease to 1.54 before rising to 2.09. A substantial increase occurred in 2011, reaching 5.75, representing a significant departure from previous values. This period suggests a changing market perception of the company’s valuation relative to its sales.
- Mid-Period (2012-2018)
- Following the peak in 2011, the P/S ratio decreased to 2.14 in 2012, then gradually increased to 10.56 by 2018. This period indicates a generally positive trend in the ratio, although with some intermediate fluctuations. The increase suggests investors were willing to pay a higher premium for each dollar of sales during this time.
- Recent Period (2019-2026)
- From 2019 to 2026, the P/S ratio experienced a decline from 9.09 to 8.05. While there was a peak at 10.66 in 2023, the ratio ended the period at 8.05, indicating a potential stabilization or slight decrease in investor valuation. The fluctuations within this period suggest sensitivity to market conditions and company performance.
The share price and sales per share both demonstrated consistent growth throughout the period. However, the P/S ratio did not always move in direct correlation with these underlying metrics, indicating that investor sentiment and external factors played a significant role in valuation. The most dramatic increase in the P/S ratio occurred between 2010 and 2011, coinciding with a substantial increase in share price and sales per share, but the ratio’s growth outpaced that of the underlying metrics.
Overall, the P/S ratio trend suggests a company that experienced evolving market expectations and valuation. The initial period showed relative stability, followed by a period of increasing valuation, and a more recent period of fluctuation and potential stabilization. The ratio’s movements were not solely driven by changes in share price or sales per share, highlighting the influence of broader market dynamics and investor confidence.
Comparison to Competitors
Netflix Inc., P/S, long-term trends, comparison to competitors
| Netflix Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Trade Desk Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Jan 23, 2026 | ||||||
| Jan 27, 2025 | ||||||
| Jan 26, 2024 | ||||||
| Jan 26, 2023 | ||||||
| Jan 27, 2022 | ||||||
| Jan 28, 2021 | ||||||
| Jan 29, 2020 | ||||||
| Jan 29, 2019 | ||||||
| Jan 29, 2018 | ||||||
| Jan 27, 2017 | ||||||
| Jan 28, 2016 | ||||||
| Jan 29, 2015 | ||||||
| Feb 3, 2014 | ||||||
| Feb 1, 2013 | ||||||
| Feb 10, 2012 | ||||||
| Feb 18, 2011 | ||||||
| Feb 22, 2010 | ||||||
| Feb 25, 2009 | ||||||
| Feb 28, 2008 | ||||||
| Feb 28, 2007 | ||||||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Media & Entertainment)
Netflix Inc., P/S, long-term trends, comparison to sector (media & entertainment)
| Netflix Inc. | Media & Entertainment | |
|---|---|---|
| Jan 23, 2026 | ||
| Jan 27, 2025 | ||
| Jan 26, 2024 | ||
| Jan 26, 2023 | ||
| Jan 27, 2022 | ||
| Jan 28, 2021 | ||
| Jan 29, 2020 | ||
| Jan 29, 2019 | ||
| Jan 29, 2018 | ||
| Jan 27, 2017 | ||
| Jan 28, 2016 | ||
| Jan 29, 2015 | ||
| Feb 3, 2014 | ||
| Feb 1, 2013 | ||
| Feb 10, 2012 | ||
| Feb 18, 2011 | ||
| Feb 22, 2010 | ||
| Feb 25, 2009 | ||
| Feb 28, 2008 | ||
| Feb 28, 2007 | ||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
Netflix Inc., P/S, long-term trends, comparison to industry (communication services)
| Netflix Inc. | Communication Services | |
|---|---|---|
| Jan 23, 2026 | ||
| Jan 27, 2025 | ||
| Jan 26, 2024 | ||
| Jan 26, 2023 | ||
| Jan 27, 2022 | ||
| Jan 28, 2021 | ||
| Jan 29, 2020 | ||
| Jan 29, 2019 | ||
| Jan 29, 2018 | ||
| Jan 27, 2017 | ||
| Jan 28, 2016 | ||
| Jan 29, 2015 | ||
| Feb 3, 2014 | ||
| Feb 1, 2013 | ||
| Feb 10, 2012 | ||
| Feb 18, 2011 | ||
| Feb 22, 2010 | ||
| Feb 25, 2009 | ||
| Feb 28, 2008 | ||
| Feb 28, 2007 | ||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).