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Saturday 17 October 2026 Export NTES’s income statement to Excel — free account

NetEase, Inc.

NTES Communication Services Electronic Gaming & Multimedia

NetEase, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, up 11.6% from fiscal 2024. In the quarter to June 2026, revenue grew 14.0%, EPS fell 14.4%, free cash flow grew 1.53% and total debt rose 18.0%, each against the same quarter a year earlier. Operating cash flow growth for five consecutive years.

126.06 1.05 −0.83%
Market cap
$81.0B
P/E
17.2×
Fwd P/E
13.1×
Dividend yield
2.32%
F-score
9/9
Altman Z
9.21
Beneish M
−2.86
Dividend safety
69/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

NetEase, Inc. (NTES) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, NetEase, Inc. (NTES) trades at a P/E ratio of 17.2×. Over the past ten years it has ranged from 10.9× (October 2022) to 47.5× (February 2021); the current reading is higher than 29% of that period. That is above the Electronic Gaming & Multimedia industry median of 6.5× and in line with the Communication Services sector median of 16.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 18.5× 34.10%
FY2024 13.8× (4.12%)
FY2023 14.4× (13.39%)
FY2022 16.7× (35.69%)
FY2021 25.9× (24.61%)
FY2020 34.4× 162.58%
FY2019 13.1× (60.53%)
FY2018 33.1× 14.57%
FY2017 28.9× 74.94%
FY2016 16.5× (26.09%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 17.5× 18.69%
Mar 2026 14.7× (20.59%)
Dec 2025 18.5× (3.47%)
Sep 2025 19.2× 6.65%
42 more quarters

Against its own ten years

Low 10.9× High 47.5×
Ten-year median 18.9×
Current reading's percentile 31

P/E ratio against peers

Company P/E ratio
FIRY Firy Inc. compare n/m
TTWO Take-Two Interactive Software, Inc. compare n/m
RBLX Roblox Corporation compare n/m
PLTK Playtika Holding Corp. compare n/m
SOHU Sohu.com Inc. compare 1.5×
GDEV GDEV Inc. compare 2.7×
DDI DoubleDown Interactive Co., Ltd. Sponsored ADR compare 5.5×
GRVY GRAVITY Co., Ltd. compare 8.2×
NTES NetEase, Inc. 17.2×
Electronic Gaming & Multimedia industry median 6.5×
Communication Services sector median 16.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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