Cloudflare (XSWX:NET) EV-to-Revenue: 29.68 (As of Jul. 04, 2026) — 17% Above Median


XSWX:NET Cloudflare Inc XSWX:NET
78 GF Score
Price CHF195.52
GF Value CHF142.50
! 3 Warning Signs
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What is Cloudflare EV-to-Revenue?

Cloudflare XSWX:NET 78 EV-to-Revenue is 29.68 as of Jul. 04, 2026, which is 17% above its 10-year median of 25.45. GuruFocus rates XSWX:NET with a GF Score™ of 78/100 and a GF Value™ of CHF142.50. The stock has 3 warning signs investors should review. Among 2,816 Software companies, Cloudflare ranks worse than 94.14% on this metric.

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Cloudflare's enterprise value is CHF69,111 Mil. Cloudflare's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2,329 Mil. Therefore, Cloudflare's EV-to-Revenue for today is 29.68.

The historical rank and industry rank for Cloudflare's EV-to-Revenue or its related term are showing as below:

XSWX:NET' s EV-to-Revenue Range Over the Past 10 Years
Min: 4.53   Med: 25.45   Max: 111.79
Current: 36.67

During the past 10 years, the highest EV-to-Revenue of Cloudflare was 111.79. The lowest was 4.53. And the median was 25.45.

XSWX:NET's EV-to-Revenue is ranked worse than
94.14% of 2816 companies
in the Software industry
Industry Median: 1.945 vs XSWX:NET: 36.67

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2026-07-04), Cloudflare's stock price is CHF195.52. Cloudflare's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF6.65. Therefore, Cloudflare's PS Ratio for today is 29.41.


Cloudflare  (XSWX:NET) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Cloudflare's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=195.52/6.647
=29.41

Cloudflare's share price for today is CHF195.52.
Cloudflare's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF6.65.

* 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.


Cloudflare EV-to-Revenue Related Terms


Cloudflare EV-to-Revenue Historical Data

* Premium members only.

The historical data trend for Cloudflare's EV-to-Revenue 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.

Cloudflare EV-to-Revenue Chart

Cloudflare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.02 15.23 21.49 22.01 31.73

Cloudflare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-Revenue 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 21.81 36.00 37.06 31.73 31.04

XSWX:NET vs : EV-to-Revenue Comparison

For the Software - Infrastructure subindustry, Cloudflare's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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.


Cloudflare EV-to-Revenue vs Software Industry

For the Software industry and Technology sector, Cloudflare's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Cloudflare's EV-to-Revenue falls into.


XSWX:NET
78GF Score
Cloudflare Inc XSWX:NET
EV-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Cloudflare EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Cloudflare's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=69111.211/2328.605
=29.68

Cloudflare's current Enterprise Value is CHF69,111 Mil.
Cloudflare's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2,329 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-Revenue →
What does a EV-to-Revenue of 29.68 mean?
Cloudflare (XSWX:NET) has a EV-to-Revenue of 29.68 as of Jul. 04, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Cloudflare and its competitors. This is 17% above median its historical median of 25.45. Over the past decade, Cloudflare's EV-to-Revenue has ranged from 4.53 to 111.79. According to the industry distribution chart, Cloudflare ranks #2651 out of 2816 companies in the Software industry, placing it in the top 94.1%.
Is Cloudflare's EV-to-Revenue too high?
Cloudflare's current EV-to-Revenue of 29.68 is 17% above median its 10-year median of 25.45. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 111.79. The Software industry median EV-to-Revenue is 1.95. Cloudflare's value of 29.68 is 1426% above this industry median. Based on the distribution chart, Cloudflare ranks #2651 out of 2816 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cloudflare has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's EV-to-Revenue compare to ?
According to the Software industry distribution chart, Cloudflare ranks #2651 out of 2816 companies for EV-to-Revenue. This places Cloudflare in the lower half of its industry. The industry median EV-to-Revenue is 1.95. Cloudflare's value of 29.68 is 1426% above this benchmark. Historically, Cloudflare's own EV-to-Revenue has ranged from 4.53 to 111.79 over the past decade. While the company's 10-year median is 25.45 vs. the industry median of 1.95, Cloudflare 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 EV-to-Revenue for a Software company?
The median EV-to-Revenue among Software companies is 1.95, based on 2,816 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-Revenue significantly above this median, while those in the bottom quartile fall well below. However, EV-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cloudflare's current EV-to-Revenue of 29.68 is 1426% 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 EV-to-Revenue mean?
A high EV-to-Revenue can signal that a stock is expensive relative to its fundamentals. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Cloudflare and its competitors. For the Software industry, the median EV-to-Revenue is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudflare's current EV-to-Revenue is 29.68, which is 17% above median its own 10-year median of 25.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Cloudflare (XSWX:NET) has a current EV-to-Revenue of 29.68. The stock's GF Value™ is CHF142.50, compared to a current price of CHF195.52 — trading 37.2% above its estimated fair value. The current EV-to-Revenue is 29.68, which is 17% above median its 10-year median of 25.45 and 1426% above the Software industry median of 1.95. Cloudflare's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For Cloudflare (XSWX:NET), the current EV-to-Revenue is 29.68 as of Jul. 04, 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 Cloudflare (XSWX:NET) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of CHF195.52 is trading 37.2% above its estimated GF Value™ of CHF142.50.

Key valuation signals for XSWX:NET:

  • EV-to-Revenue: 29.68 (17% above median its 10-year median of 25.45)
  • GF Value™: CHF142.50 vs. price of CHF195.52 (37.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 1426% above the Software median (#2651 of 2816)

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


Cloudflare Business Description

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Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
78GF Score

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EV-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF195.52
Price
CHF142.50
GF Value