Saw a lot of posts referencing Netflix p/e in the mid twenties and how it can't go much lower… “It's already lower than Coca Cola great value play”…
Be careful basing your investments off of a P/E number. Netflix is a tricky company to evaluate the way they amortize their content. Netflix has had many years of negative cash flow and even now barely breaks even. The P/E ratio is not reflective of the actual cash earnings by the company. Net income is often a result of accounting measures that may not at first be what they seem.
I've posted a very detailed video of actual Netflix earnings and how to calculate them in the comments
Good luck and RIP Netflix call holders
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