Cloudflare, Inc. Class A common stock, par value $0.001 per share (NET) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
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...
Cloudflare, Inc. Class A common stock, par value $0.001 per share (NET) currently trades at a P/S ratio of 42.00 (range: 12.70–114.25, 84th percentile — expensive relative to its history).
Cloudflare, Inc. Class A common stock, par value $0.001 per share trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/S Ratio | 42.00 | 25.00 | 84th | expensive relative to its history |
| FCF Yield | 0.33% | 0.40% | 23th | above its historical average |
Cloudflare, Inc. Class A common stock, par value $0.001 per share (NET) Valuation & P/E History
Cloudflare, Inc. Class A common stock, par value $0.001 per share (NET) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry currently trading at $293.99 with a market capitalization of $104.7 billion. This page provides historical valuation analysis for NET based on 1279 data points covering 2021-09-14 to 2026-10-16.. The P/S ratio of 42.00 compares to a median of 25.00.
NET Valuation Metrics & Historical Range
The valuation table above shows Cloudflare, Inc. Class A common stock, par value $0.001 per share's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether NET is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests NET is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Cloudflare, Inc. Class A common stock, par value $0.001 per share.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is NET Overvalued or Undervalued?
Cloudflare, Inc. Class A common stock, par value $0.001 per share trades well above its own historical valuation range across most metrics. The overall valuation percentile of 84 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive NET is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full NET analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.NET trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.