Netflix (XSGO:NFLXCL) Cyclically Adjusted PS Ratio: 9.28 (As of Aug. 17, 2026) — 44% Below Median

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XSGO:NFLXCL Netflix Inc XSGO:NFLXCL
65 GF Score
Price CLP68,900.00
GF Value CLP102,124.11
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Netflix Cyclically Adjusted PS Ratio?

Netflix XSGO:NFLXCL 65 Cyclically Adjusted PS Ratio is 9.28 as of Aug. 17, 2026, which is 44% below its 10-year median of 16.47. GuruFocus rates XSGO:NFLXCL with a GF Score™ of 65/100 and a GF Value™ of CLP102,124.11 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 734 Media - Diversified companies, Netflix ranks worse than 97.28% on this metric.

As of today (2026-08-17), Netflix's current share price is CLP68900.00. Netflix's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was CLP7,422.75. Netflix's Cyclically Adjusted PS Ratio for today is 9.28.

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

XSGO:NFLXCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.82   Med: 16.47   Max: 31.87
Current: 10.74

During the past years, Netflix's highest Cyclically Adjusted PS Ratio was 31.87. The lowest was 4.82. And the median was 16.47.

XSGO:NFLXCL's Cyclically Adjusted PS Ratio is ranked worse than
97.28% of 734 companies
in the Media - Diversified industry
Industry Median: 0.77 vs XSGO:NFLXCL: 10.74

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Netflix's adjusted revenue per share data for the three months ended in Jun. 2026 was CLP2,668.729. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is CLP7,422.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netflix  (XSGO:NFLXCL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Netflix Cyclically Adjusted PS Ratio Related Terms


Netflix Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Netflix's Cyclically Adjusted PS 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.

Netflix Cyclically Adjusted PS Ratio Chart

Netflix Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.67 7.32 10.19 15.80 14.16

Netflix Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 21.73 18.69 14.16 13.79 9.81

XSGO:NFLXCL vs DIS, WBD, LYV: Cyclically Adjusted PS Ratio Comparison

For the Entertainment subindustry, Netflix's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Media - Diversified Industry

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

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


XSGO:NFLXCL
65GF Score
Netflix Inc XSGO:NFLXCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netflix Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=68900.00/7422.75
=9.28

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Netflix's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2668.729/333.9520*333.9520
=2,668.729

Current CPI (Jun. 2026) = 333.9520.

Netflix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 348.903 241.428 482.615
201612 375.220 241.432 519.009
201703 391.814 243.801 536.696
201706 414.790 244.955 565.491
201709 417.685 246.819 565.138
201712 465.880 246.524 631.101
201803 496.430 249.554 664.320
201806 551.644 251.989 731.074
201809 601.940 252.439 796.307
201812 635.114 251.233 844.227
201903 669.856 254.202 880.008
201906 752.303 256.143 980.831
201909 834.850 256.759 1,085.842
201912 926.952 256.974 1,204.626
202003 1,071.123 258.115 1,385.831
202006 1,077.954 257.797 1,396.389
202009 1,093.503 260.280 1,403.018
202012 1,065.856 260.474 1,366.527
202103 1,141.530 264.877 1,439.220
202106 1,175.386 271.696 1,444.712
202109 1,291.924 274.310 1,572.821
202112 1,437.374 278.802 1,721.702
202203 1,386.739 287.504 1,610.775
202206 1,535.605 296.311 1,730.676
202209 1,627.278 296.808 1,830.924
202212 1,516.740 296.797 1,706.615
202303 1,456.529 301.836 1,611.507
202306 1,449.565 305.109 1,586.597
202309 1,682.866 307.789 1,825.915
202312 1,742.092 306.746 1,896.602
202403 2,057.360 312.332 2,199.773
202406 2,017.112 314.175 2,144.087
202409 2,077.308 315.301 2,200.187
202412 2,304.531 315.605 2,438.500
202503 2,249.472 319.799 2,349.024
202506 2,388.129 322.561 2,472.464
202509 2,545.081 324.800 2,616.795
202512 2,551.287 324.054 2,629.214
202603 2,601.155 330.213 2,630.608
202606 2,668.729 333.952 2,668.729

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 9.28 mean?
Netflix (XSGO:NFLXCL) has a Cyclically Adjusted PS Ratio of 9.28 as of Aug. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Netflix and its competitors. This is 44% below median its historical median of 16.47. Over the past decade, Netflix's Cyclically Adjusted PS Ratio has ranged from 4.82 to 31.87. According to the industry distribution chart, Netflix ranks #714 out of 734 companies in the Media - Diversified industry, placing it in the top 97.3%.
Is Netflix's Cyclically Adjusted PS Ratio too high?
Netflix's current Cyclically Adjusted PS Ratio of 9.28 is 44% below median its 10-year median of 16.47. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 31.87. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Netflix's value of 9.28 is 1105.2% above this industry median. Based on the distribution chart, Netflix ranks #714 out of 734 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Netflix has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netflix's Cyclically Adjusted PS Ratio compare to DIS and WBD?
According to the Media - Diversified industry distribution chart, Netflix ranks #714 out of 734 companies for Cyclically Adjusted PS Ratio. This places Netflix in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Netflix's value of 9.28 is 1105.2% above this benchmark. Historically, Netflix's own Cyclically Adjusted PS Ratio has ranged from 4.82 to 31.87 over the past decade. While the company's 10-year median is 16.47 vs. the industry median of 0.77, Netflix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 734 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Netflix's current Cyclically Adjusted PS Ratio of 9.28 is 1105.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Netflix and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netflix's current Cyclically Adjusted PS Ratio is 9.28, which is 44% below median its own 10-year median of 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netflix stock overvalued right now?
Based on GuruFocus' analysis, Netflix (XSGO:NFLXCL) is currently considered Significantly Undervalued. The stock's GF Value™ is CLP102,124.11, compared to a current price of CLP68,900.00 — trading 32.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.28, which is 44% below median its 10-year median of 16.47 and 1105.2% above the Media - Diversified industry median of 0.77. Netflix's overall GF Score™ is 65/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Netflix (XSGO:NFLXCL), the current Cyclically Adjusted PS Ratio is 9.28 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netflix (XSGO:NFLXCL) Overvalued in 2026?

Based on GuruFocus' analysis, Netflix stock appears to be undervalued. The current stock price of CLP68,900.00 is trading 32.5% below its estimated GF Value™ of CLP102,124.11. GuruFocus considers Netflix to be Significantly Undervalued.

Key valuation signals for XSGO:NFLXCL:

  • Cyclically Adjusted PS Ratio: 9.28 (44% below median its 10-year median of 16.47)
  • GF Value™: CLP102,124.11 vs. price of CLP68,900.00 (32.5% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 1105.2% above the Media - Diversified median (#714 of 734)

No single metric tells the full story. See the XSGO:NFLXCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
65GF Score

Get the complete analysis for XSGO:NFLXCL

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CLP68,900.00
Price
CLP102,124.11
GF Value