NetEase
NTES
#360
Rank
$46.56 B
Marketcap
$70.90
Share price
3.88%
Change (1 day)
-29.14%
Change (1 year)

P/E ratio for NetEase (NTES)

P/E ratio as of December 2022 (TTM): 16.2

According to NetEase's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1779. At the end of 2021 the company had a P/E ratio of 25.8.

P/E ratio history for NetEase from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202125.8-28.81%
202036.3177.93%
201913.1-60.52%
201833.115.27%
201728.776.14%
201616.3-27.22%
201522.433.23%
201416.819.57%
201314.147.08%
20129.55-17.8%
201111.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.0081-100.05%๐Ÿ‡จ๐Ÿ‡ณ China
0.7005-95.67%๐Ÿ‡จ๐Ÿ‡ณ China
-20.1-224.20%๐Ÿ‡จ๐Ÿ‡ณ China

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.