NetEase
NTES
#329
Rank
$62.08 B
Marketcap
$96.28
Share price
-0.64%
Change (1 day)
-9.74%
Change (1 year)

P/E ratio for NetEase (NTES)

P/E ratio as of December 2024 (TTM): 17.1

According to NetEase's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1419. At the end of 2022 the company had a P/E ratio of 15.8.

P/E ratio history for NetEase from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.8-38.73%
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%
201111.6-17.18%
201014.0-21.69%
200917.950.34%
200811.9-15.36%
200714.1-9.55%
200615.6-75.31%
200563.0-49.23%
20041245.48%
2003118-82.58%
2002676-23534.52%
2001-2.88

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-7.03-141.01%๐Ÿ‡จ๐Ÿ‡ณ China
14.6-14.99%๐Ÿ‡จ๐Ÿ‡ณ China
-0.0204-100.12%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.