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VNET GroupVNET +2.21%58 EV-to-EBITDA is 31.16 as of Aug. 07, 2026, which is 204% above its 10-year median of 10.24. GuruFocus rates VNET with a GF Score™ of 58/100 and a GF Value™ of $4.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,961 Software companies, VNET Group ranks worse than 80.27% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, VNET Group's enterprise value is $5,963 Mil.
VNET Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $191 Mil. Therefore, VNET Group's EV-to-EBITDA for today is 31.16.
The historical rank and industry rank for VNET Group's EV-to-EBITDA or its related term are showing as below:
VNET'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -181.1 Med: 10.24 Max: 275.72
Current: 31.16
During the past 13 years, the highest EV-to-EBITDA of VNET Group was 275.72. The lowest was -181.10. And the median was 10.24.
VNET's EV-to-EBITDA is ranked worse than 80.27% of 1961
companies
in the Software industry
Industry Median: 10.64
vs VNET: 31.16
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
VNET Group's share price for today is $7.165.
VNET Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.352.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for VNET Group's EV-to-EBITDA 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.
For the Information Technology Services subindustry, VNET Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
VNET Group EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, VNET Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where VNET Group's EV-to-EBITDA falls into.
VNET Group's current Enterprise Value is $5,963 Mil.
VNET Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $191 Mil.
* 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.
VNET Group (VNET) has a EV-to-EBITDA of 31.16 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on VNET Group. This is 204% above median its historical median of 10.24. According to the industry distribution chart, VNET Group ranks #1574 out of 1961 companies in the Software industry, placing it in the top 80.3%.
Is VNET Group's EV-to-EBITDA too high?
VNET Group's current EV-to-EBITDA of 31.16 is 204% above median its 10-year median of 10.24. The Software industry median EV-to-EBITDA is 10.64. VNET Group's value of 31.16 is 192.9% above this industry median. Based on the distribution chart, VNET Group ranks #1574 out of 1961 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VNET Group has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's EV-to-EBITDA compare to INOD and SHAZ?
According to the Software industry distribution chart, VNET Group ranks #1574 out of 1961 companies for EV-to-EBITDA. This places VNET Group in the lower half of its industry. The industry median EV-to-EBITDA is 10.64. VNET Group's value of 31.16 is 192.9% above this benchmark. While the company's 10-year median is 10.24 vs. the industry median of 10.64, VNET Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.64, based on 1,961 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VNET Group's current EV-to-EBITDA of 31.16 is 192.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on VNET Group. For the Software industry, the median EV-to-EBITDA is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNET Group's current EV-to-EBITDA is 31.16, which is 204% above median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.37, compared to a current price of $7.17 — trading 64% above its estimated fair value. The current EV-to-EBITDA is 31.16, which is 204% above median its 10-year median of 10.24 and 192.9% above the Software industry median of 10.64. VNET Group's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For VNET Group (VNET), the current EV-to-EBITDA is 31.16 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VNET Group (VNET) Overvalued in 2026?
Based on GuruFocus' analysis, VNET Group stock appears to be overvalued.
The current stock price of $7.17 is trading 64% above its estimated GF Value™ of $4.37.
GuruFocus considers VNET Group to be Significantly Overvalued.
Key valuation signals for VNET:
EV-to-EBITDA: 31.16 (204% above median its 10-year median of 10.24)
GF Value™: $4.37 vs. price of $7.17 (64% above fair value)
Industry Position: 192.9% above the Software median (#1574 of 1961)
No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
58GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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