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NetEase (NetEase) Price-to-Tangible-Book

: 3.60 (As of Today)
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As of today (2024-04-23), NetEase's share price is $93.07. NetEase's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $25.88. Hence, NetEase's Price to Tangible Book Ratio of today is 3.60.

The historical rank and industry rank for NetEase's Price-to-Tangible-Book or its related term are showing as below:

NTES' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.39   Med: 5.19   Max: 6.74
Current: 3.6

During the past 13 years, NetEase's highest Price to Tangible Book Ratio was 6.74. The lowest was 3.39. And the median was 5.19.

NTES's Price-to-Tangible-Book is ranked worse than
61.37% of 453 companies
in the Interactive Media industry
Industry Median: 2.75 vs NTES: 3.60

A closely related ratio is called PB Ratio. As of today, NetEase's share price is $93.07. NetEase's Book Value per Sharefor the quarter that ended in Dec. 2023 was $26.75. Hence, NetEase's P/B Ratio of today is 3.48.


NetEase Price-to-Tangible-Book Historical Data

The historical data trend for NetEase's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NetEase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 5.71 4.82 3.39 3.60

NetEase Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.39 3.76 4.06 4.10 3.60

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, NetEase's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NetEase Price-to-Tangible-Book Distribution

For the Interactive Media industry and Communication Services sector, NetEase's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NetEase's Price-to-Tangible-Book falls into.



NetEase Price-to-Tangible-Book Calculation

NetEase's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=93.07/25.876
=3.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


NetEase Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of NetEase's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


NetEase (NetEase) Business Description

Address
No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).