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Netflix (XSGO:NFLXCL) Cyclically Adjusted PB Ratio : 38.29 (As of Jan. 19, 2025)


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What is Netflix Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Netflix's current share price is CLP882000.00. Netflix's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was CLP23,035.00. Netflix's Cyclically Adjusted PB Ratio for today is 38.29.

The historical rank and industry rank for Netflix's Cyclically Adjusted PB Ratio or its related term are showing as below:

XSGO:NFLXCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.53   Med: 56.43   Max: 120.2
Current: 33.16

During the past years, Netflix's highest Cyclically Adjusted PB Ratio was 120.20. The lowest was 12.53. And the median was 56.43.

XSGO:NFLXCL's Cyclically Adjusted PB Ratio is ranked worse than
98.92% of 651 companies
in the Media - Diversified industry
Industry Median: 1.1 vs XSGO:NFLXCL: 33.16

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Netflix's adjusted book value per share data for the three months ended in Sep. 2024 was CLP46,400.035. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is CLP23,035.00 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netflix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Netflix's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netflix Cyclically Adjusted PB Ratio Chart

Netflix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.92 68.49 51.69 17.78 22.36

Netflix Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.19 22.36 26.07 27.44 27.41

Competitive Comparison of Netflix's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Netflix's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Netflix's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Netflix's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Netflix's Cyclically Adjusted PB Ratio falls into.



Netflix Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Netflix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=882000.00/23035
=38.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Netflix's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Netflix's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=46400.035/133.0289*133.0289
=46,400.035

Current CPI (Sep. 2024) = 133.0289.

Netflix Quarterly Data

Book Value per Share CPI Adj_Book
201412 2,668.019 99.070 3,582.565
201503 2,820.415 99.621 3,766.237
201506 3,026.993 100.684 3,999.423
201509 3,573.488 100.392 4,735.233
201512 3,675.090 99.792 4,899.102
201603 3,652.590 100.470 4,836.251
201606 3,727.448 101.688 4,876.267
201609 3,883.981 101.861 5,072.419
201612 4,158.091 101.863 5,430.312
201703 4,572.095 102.862 5,912.967
201706 4,781.103 103.349 6,154.140
201709 4,896.875 104.136 6,255.554
201712 5,084.741 104.011 6,503.320
201803 5,598.868 105.290 7,073.937
201806 6,690.837 106.317 8,371.910
201809 7,599.173 106.507 9,491.512
201812 8,347.606 105.998 10,476.366
201903 8,884.645 107.251 11,020.131
201906 9,480.553 108.070 11,670.152
201909 11,361.655 108.329 13,952.154
201912 12,866.307 108.420 15,786.655
202003 16,182.567 108.902 19,767.855
202006 17,279.500 108.767 21,133.860
202009 18,348.053 109.815 22,226.686
202012 18,212.256 109.897 22,045.741
202103 21,274.028 111.754 25,323.929
202106 23,031.901 114.631 26,728.352
202109 27,783.310 115.734 31,935.072
202112 30,924.673 117.630 34,973.159
202203 31,084.343 121.301 34,089.710
202206 39,462.754 125.017 41,991.850
202209 44,560.208 125.227 47,336.590
202212 40,449.840 125.222 42,971.733
202303 38,758.150 127.348 40,487.186
202306 41,356.394 128.729 42,737.910
202309 45,805.337 129.860 46,923.279
202312 41,530.103 129.419 42,688.375
202403 43,277.144 131.776 43,688.548
202406 44,978.680 132.554 45,139.893
202409 46,400.035 133.029 46,400.035

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Netflix  (XSGO:NFLXCL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Netflix Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Netflix's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Netflix Business Description

Address
121 Albright Way, Los Gatos, CA, USA, 95032
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

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