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
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NetEase, Inc. (NTES) P/S ratio
As of 5 November 2026, NetEase, Inc. (NTES) trades at a P/S ratio of 4.7×. Over the past ten years it has ranged from 2.5× (October 2022) to 8.8× (June 2015); the current reading is higher than 47% of that period. That is above the Electronic Gaming & Multimedia industry median of 0.6× and above the Communication Services sector median of 0.9×.
P/S ratio, daily
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Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 5.4× | 37.57% |
| FY2024 | 4.0× | (3.02%) |
| FY2023 | 4.1× | 14.45% |
| FY2022 | 3.6× | (27.58%) |
| FY2021 | 4.9× | (12.18%) |
| FY2020 | 5.6× | 20.80% |
| FY2019 | 4.6× | 48.87% |
| FY2018 | 3.1× | (43.45%) |
| FY2017 | 5.5× | 5.88% |
| FY2016 | 5.2× | (23.01%) |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 4.8× | 11.01% |
| Mar 2026 | 4.3× | (20.64%) |
| Dec 2025 | 5.4× | (14.03%) |
| Sep 2025 | 6.3× | 11.19% |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| PLTK Playtika Holding Corp. compare | 0.3× |
| GDEV GDEV Inc. compare | 0.4× |
| SOHU Sohu.com Inc. compare | 0.6× |
| GRVY GRAVITY Co., Ltd. compare | 1.2× |
| FIRY Firy Inc. compare | 1.5× |
| DDI DoubleDown Interactive Co., Ltd. Sponsored ADR compare | 1.8× |
| NTES NetEase, Inc. | 4.7× |
| RBLX Roblox Corporation compare | 5.8× |
| TTWO Take-Two Interactive Software, Inc. compare | 5.9× |
| Electronic Gaming & Multimedia industry median | 0.6× |
| Communication Services sector median | 0.9× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)
More on NTES
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement