Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NetEaseNETTF -0.98%92 EV-to-Revenue is 3.70 as of Jul. 19, 2026, which is 6% below its 10-year median of 3.92. GuruFocus rates NETTF with a GF Score™ of 92/100 and a GF Value™ of $21.00 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 553 Interactive Media companies, NetEase ranks worse than 73.6% on this metric.
EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, NetEase's enterprise value is $59,938 Mil.
NetEase's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $16,215 Mil. Therefore, NetEase's EV-to-Revenue for today is 3.70.
The historical rank and industry rank for NetEase's EV-to-Revenue or its related term are showing as below:
NETTF'
s EV-to-Revenue Range Over the Past 10 Years
Min: 1.7 Med: 3.92 Max: 7.5
Current: 3.79
During the past 13 years, the highest EV-to-Revenue of NetEase was 7.50. The lowest was 1.70. And the median was 3.92.
NETTF's EV-to-Revenue is ranked worse than 73.6% of 553
companies
in the Interactive Media industry
Industry Median: 1.4
vs NETTF: 3.79
As of today (2026-07-19), NetEase's stock price is $24.26.
NetEase's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $5.03. Therefore, NetEase's PS Ratio for today is 4.82.
NetEase's share price for today is $24.26.
NetEase's Revenue per Share 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 $5.03.
* 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.
NetEase EV-to-Revenue Related Terms
NetEase EV-to-Revenue Historical Data
* Premium members only.
The historical data trend for NetEase's EV-to-Revenue 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 Electronic Gaming & Multimedia subindustry, NetEase's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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 EV-to-Revenue vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's EV-to-Revenue distribution charts can be found below:
* The bar in red indicates where NetEase's EV-to-Revenue falls into.
NetEase's current Enterprise Value is $59,938 Mil.
NetEase's Revenue 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 $16,215 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.
NetEase (NETTF) has a EV-to-Revenue of 3.70 as of Jul. 19, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on NetEase and its competitors. This is near median its historical median of 3.92. Over the past decade, NetEase's EV-to-Revenue has ranged from 1.70 to 7.50. According to the industry distribution chart, NetEase ranks #407 out of 553 companies in the Interactive Media industry, placing it in the top 73.6%.
Is NetEase's EV-to-Revenue too high?
NetEase's current EV-to-Revenue of 3.70 is near median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 7.50. The Interactive Media industry median EV-to-Revenue is 1.40. NetEase's value of 3.70 is 164.3% above this industry median. Based on the distribution chart, NetEase ranks #407 out of 553 companies in the Interactive Media industry, which is below the industry midpoint. Overall, NetEase has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetEase's EV-to-Revenue compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #407 out of 553 companies for EV-to-Revenue. This places NetEase in the lower half of its industry. The industry median EV-to-Revenue is 1.40. NetEase's value of 3.70 is 164.3% above this benchmark. Historically, NetEase's own EV-to-Revenue has ranged from 1.70 to 7.50 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 1.40, NetEase 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-Revenue for an Interactive Media company?
The median EV-to-Revenue among Interactive Media companies is 1.40, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-Revenue significantly above this median, while those in the bottom quartile fall well below. However, EV-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current EV-to-Revenue of 3.70 is 164.3% 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-Revenue mean?
A high EV-to-Revenue can signal that a stock is expensive relative to its fundamentals. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on NetEase and its competitors. For the Interactive Media industry, the median EV-to-Revenue is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current EV-to-Revenue is 3.70, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase stock overvalued right now?
Based on GuruFocus' analysis, NetEase (NETTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.00, compared to a current price of $24.26 — trading 15.5% above its estimated fair value. The current EV-to-Revenue is 3.70, which is near median its 10-year median of 3.92 and 164.3% above the Interactive Media industry median of 1.40. NetEase's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For NetEase (NETTF), the current EV-to-Revenue is 3.70 as of Jul. 19, 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 NetEase (NETTF) Overvalued in 2026?
Based on GuruFocus' analysis, NetEase stock appears to be overvalued.
The current stock price of $24.26 is trading 15.5% above its estimated GF Value™ of $21.00.
GuruFocus considers NetEase to be Modestly Overvalued.
Key valuation signals for NETTF:
EV-to-Revenue: 3.70 (near median its 10-year median of 3.92)
GF Value™: $21.00 vs. price of $24.26 (15.5% above fair value)
Industry Position: 164.3% above the Interactive Media median (#407 of 553)
No single metric tells the full story. See the NETTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playing game Fantasy Westward Journey, which laid the foundation for a durable franchise strategy. Over the past decade, the company has expanded its portfolio with successful titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which continue to maintain sizable and engaged player bases.In addition to its in-house development capabilities, NetEase partners with global IP holders such as Microsoft and Marvel to develop and publish titles based on established franchises, including World of Warcraft, Diablo Immortal, and Marvel Rivals, further strengthening its global presence.
92GF Score
Get the complete analysis for NETTF
EV-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NETTF has been successfully added to your 
