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Cloudflare Inc
NYSE:NET

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Cloudflare Inc
NYSE:NET
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Price: 207.07 USD 1.01% Market Closed
Market Cap: $72.9B

P/B

49.9
Current
41%
More Expensive
vs 3-y average of 35.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
49.9
=
Market Cap
$63.3B
/
Total Equity
$1.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
49.9
=
Market Cap
$63.3B
/
Total Equity
$1.5B

Valuation Scenarios

Cloudflare Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (35.5), the stock would be worth $147.27 (29% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-95%
Maximum Upside
No Upside Scenarios
Average Downside
61%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 49.9 $207.07
0%
3-Year Average 35.5 $147.27
-29%
5-Year Average 35.4 $146.83
-29%
Industry Average 5.4 $22.56
-89%
Country Average 2.5 $10.42
-95%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
US
Cloudflare Inc
NYSE:NET
72.9B USD 49.9 -712.5
CA
Shopify Inc
NASDAQ:SHOP
164.1B USD 12.3 135
US
Snowflake Inc.
NYSE:SNOW
48.3B USD 25.1 -36.2
US
Snowflake Inc
XETRA:5Q5
40.6B EUR 24.3 -35.1
ID
DCI Indonesia Tbk PT
IDX:DCII
474.5T IDR 121.8 473.9
US
Verisign Inc
NASDAQ:VRSN
24.7B USD -11.5 30
US
Twilio Inc
NYSE:TWLO
21.9B USD 2.8 647
US
MongoDB Inc
NASDAQ:MDB
20.4B USD 6.9 -286.9
US
Akamai Technologies Inc
NASDAQ:AKAM
13.8B USD 2.8 30.7
US
Okta Inc
NASDAQ:OKTA
13.5B USD 1.9 57.3
US
GoDaddy Inc
NYSE:GDDY
11.6B USD 53.9 13.2
P/E Multiple
Earnings Growth PEG
US
Cloudflare Inc
NYSE:NET
Average P/E: 198.2
Negative Multiple: -712.5
N/A N/A
CA
Shopify Inc
NASDAQ:SHOP
135
53%
2.5
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -36.2 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -35.1 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
473.9
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
30
9%
3.3
US
Twilio Inc
NYSE:TWLO
647
222%
2.9
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -286.9 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
30.7
42%
0.7
US
Okta Inc
NASDAQ:OKTA
57.3
54%
1.1
US
GoDaddy Inc
NYSE:GDDY
13.2
18%
0.7

Market Distribution

Higher than 97% of companies in the United States of America
Percentile
97th
Based on 10 946 companies
97th percentile
49.9
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Cloudflare Inc
Glance View

In the bustling ecosystem of the internet, Cloudflare Inc. emerged in 2009 with a bold mission: to build a better, safer web. Founded by Matthew Prince, Lee Holloway, and Michelle Zatlyn, the company positioned itself as a formidable guardian of the internet. They aimed to democratize essential internet infrastructure services, ensuring that even the smallest websites could be as secure and fast as the largest enterprises. Cloudflare’s central offering is a global Content Delivery Network (CDN) that distributes web content close to end-users, significantly enhancing website performance and load times. This isn’t all it does, however. The cloud-based platform also provides robust cybersecurity services, including DDoS protection, a critical need in an era where digital threats are constantly evolving. Cloudflare’s business model is a hallmark of modern SaaS enterprises, where its core revenue is derived from subscription services. The company offers a tiered pricing strategy, allowing users to choose between free basic services and premium features catering to complex needs of businesses. With more than 200 data centers worldwide, Cloudflare uses its vast network as leverage, not only optimizing web performance but also generating analytics and insights for clients. By continually innovating with new services and solutions, the company has expanded its reach from individual developers to some of the world’s largest companies. Cloudflare monetizes by scaling with its customers’ needs, effortlessly integrating additional features such as serverless computing and zero-trust security into its portfolio, fortifying its stature as a linchpin in the digital economy.

NET Intrinsic Value
41.84 USD
Overvaluation 80%
Intrinsic Value
Price $207.07
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