Yes, it's a wonderful movie to meditate on the Passion. Besides what others have said, it also beautifully depicts the five principal mysteries we meditate in the Sorrowful mysteries of the Rosary, that is, it begins with the Agony in the Garden of Gethsemane, proceeds through the Scourging, the Crowning, the Carrying of the Cross, the Crucifixion. It's far and away the best movie about the Passion ever made. It also beautifully depicts the sufferings and dolors of Our Lady in following Her Son and at the foot of the Cross. It's worth watching to remember all that Our Lord suffered and the great torments He endured and pain He bore to redeem our souls.
I hear the Passion of the Christ: Resurrection, the sequel, is scheduled for Easter 2020. That should be great.