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VNET GroupVNET -2.84%57 EV-to-Revenue is 4.02 as of Aug. 07, 2026, which is 61% above its 10-year median of 2.49. GuruFocus rates VNET with a GF Score™ of 57/100 and a GF Value™ of $4.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,820 Software companies, VNET Group ranks worse than 68.65% on this metric.
EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, VNET Group's enterprise value is $5,919 Mil.
VNET Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,473 Mil. Therefore, VNET Group's EV-to-Revenue for today is 4.02.
The historical rank and industry rank for VNET Group's EV-to-Revenue or its related term are showing as below:
VNET'
s EV-to-Revenue Range Over the Past 10 Years
Min: 1.3 Med: 2.49 Max: 9.32
Current: 4.02
During the past 13 years, the highest EV-to-Revenue of VNET Group was 9.32. The lowest was 1.30. And the median was 2.49.
VNET's EV-to-Revenue is ranked worse than 68.65% of 2820
companies
in the Software industry
Industry Median: 2
vs VNET: 4.02
As of today (2026-08-07), VNET Group's stock price is $7.01.
VNET Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $5.45. Therefore, VNET Group's PS Ratio for today is 1.29.
VNET Group's share price for today is $7.01.
VNET Group'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 $5.45.
* 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 EV-to-Revenue Related Terms
VNET Group EV-to-Revenue Historical Data
* Premium members only.
The historical data trend for VNET Group'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 Information Technology Services subindustry, VNET Group'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.
VNET Group EV-to-Revenue vs Software Industry
For the Software industry and Technology sector, VNET Group's EV-to-Revenue distribution charts can be found below:
* The bar in red indicates where VNET Group's EV-to-Revenue falls into.
VNET Group's current Enterprise Value is $5,919 Mil.
VNET Group'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 $1,473 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-Revenue of 4.02 as of Aug. 07, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on VNET Group and its competitors. This is 61% above median its historical median of 2.49. Over the past decade, VNET Group's EV-to-Revenue has ranged from 1.30 to 9.32. According to the industry distribution chart, VNET Group ranks #1936 out of 2820 companies in the Software industry, placing it in the top 68.7%.
Is VNET Group's EV-to-Revenue too high?
VNET Group's current EV-to-Revenue of 4.02 is 61% above median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 9.32. The Software industry median EV-to-Revenue is 2.00. VNET Group's value of 4.02 is 101% above this industry median. Based on the distribution chart, VNET Group ranks #1936 out of 2820 companies in the Software industry, which is below the industry midpoint. Overall, VNET Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's EV-to-Revenue compare to INOD and SHAZ?
According to the Software industry distribution chart, VNET Group ranks #1936 out of 2820 companies for EV-to-Revenue. This places VNET Group in the lower half of its industry. The industry median EV-to-Revenue is 2.00. VNET Group's value of 4.02 is 101% above this benchmark. Historically, VNET Group's own EV-to-Revenue has ranged from 1.30 to 9.32 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 2.00, 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-Revenue for a Software company?
The median EV-to-Revenue among Software companies is 2.00, based on 2,820 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. VNET Group's current EV-to-Revenue of 4.02 is 101% 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 VNET Group and its competitors. For the Software industry, the median EV-to-Revenue is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNET Group's current EV-to-Revenue is 4.02, which is 61% above median its own 10-year median of 2.49. 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 $7.01 — trading 60.4% above its estimated fair value. The current EV-to-Revenue is 4.02, which is 61% above median its 10-year median of 2.49 and 101% above the Software industry median of 2.00. VNET Group's overall GF Score™ is 57/100 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-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For VNET Group (VNET), the current EV-to-Revenue is 4.02 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 $7.01 is trading 60.4% above its estimated GF Value™ of $4.37.
GuruFocus considers VNET Group to be Significantly Overvalued.
Key valuation signals for VNET:
EV-to-Revenue: 4.02 (61% above median its 10-year median of 2.49)
GF Value™: $4.37 vs. price of $7.01 (60.4% above fair value)
Industry Position: 101% above the Software median (#1936 of 2820)
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.
57GF Score
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