Friday 6 November 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.

Revenue: +14.0%
EPS: −14.4%
Free cash flow: +1.53%
Total debt: +18.0%

Quarter to June 2026, against a year earlier

Operating cash flow growth 5 yrs

126.73 5.47 +4.51%

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Market cap: $80.6B
P/E: 16.9×
Fwd P/E: 12.5×
Dividend yield: 2.31%
F-score: 9/9
Altman Z: 9.21
Beneish M: −2.86
Dividend safety: 69/100

Overview

NetEase, Inc. (NTES) P/E ratio

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As of 5 November 2026, NetEase, Inc. (NTES) trades at a P/E ratio of 16.9×. Over the past ten years it has ranged from 10.9× (October 2022) to 47.5× (February 2021); the current reading is higher than 27% of that period. That is above the Electronic Gaming & Multimedia industry median of 7.5× and above the Communication Services sector median of 15.1×.

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<iframe src="https://stockrow.com/embed/NTES/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="NetEase, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/NTES/metrics/pe-ratio">NetEase, Inc. (NTES) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	18.2×	31.23%
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%)

Period	P/E ratio	Change
Jun 2026	17.1×	18.60%
Mar 2026	14.4×	(20.55%)
Dec 2025	18.2×	(5.54%)
Sep 2025	19.2×	6.65%
42 more quarters	Free account

Against its own ten years

Low 10.9× High 47.5×

Ten-year median 18.9×

Current reading's percentile 29

Company	P/E ratio
FIRY Firy Inc. compare	n/m
RBLX Roblox Corporation compare	n/m
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TTWO Take-Two Interactive Software, Inc. compare	n/m
SOHU Sohu.com Inc. compare	1.6×
GDEV GDEV Inc. compare	2.2×
DDI DoubleDown Interactive Co., Ltd. Sponsored ADR compare	5.4×
GRVY GRAVITY Co., Ltd. compare	8.0×
NTES NetEase, Inc.	16.9×
Electronic Gaming & Multimedia industry median	7.5×
Communication Services sector median	15.1×
Market median	17.9×

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 →

NetEase, Inc. (NTES) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on NTES

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on NTES

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