VNET (VNET Group) Price-to-Operating-Cash-Flow: 7.05 (As of Aug. 07, 2026) — 24% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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Founder & CEO of GuruFocus
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.

VNET VNET Group Inc VNET
58 GF Score
Price $7.01
GF Value $4.37
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is VNET Group Price-to-Operating-Cash-Flow?

VNET Group VNET -2.84% 58 Price-to-Operating-Cash-Flow is 7.05 as of Aug. 07, 2026, which is 24% below its 10-year median of 9.27. 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 1,872 Software companies, VNET Group ranks better than 79.38% on this metric.

As of today (2026-08-07), VNET Group's share price is $7.01. VNET Group's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.00. Hence, VNET Group's Price-to-Operating-Cash-Flow Ratio for today is 7.05.

The historical rank and industry rank for VNET Group's Price-to-Operating-Cash-Flow or its related term are showing as below:

VNET' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.56   Med: 9.27   Max: 69.26
Current: 7.05

During the past 13 years, VNET Group's highest Price-to-Operating-Cash-Flow Ratio was 69.26. The lowest was 0.56. And the median was 9.27.

VNET's Price-to-Operating-Cash-Flow is ranked better than
79.38% of 1872 companies
in the Software industry
Industry Median: 14.46 vs VNET: 7.05

VNET Group's Cash Flow from Operations per share for the three months ended in Mar. 2026 was $0.09. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.00.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of VNET Group was -20.60% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was -24.60% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was -2.60% per year. During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 19.80% per year.

During the past 13 years, VNET Group's highest 3-Year average Operating Cash Flow per Share Growth Rate was 230.40% per year. The lowest was -38.80% per year. And the median was 13.90% per year.


VNET Group Price-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for VNET Group's Price-to-Operating-Cash-Flow 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.

VNET Group Price-to-Operating-Cash-Flow Chart

VNET Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 2.39 1.49 4.99 8.34

VNET Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Price-to-Operating-Cash-Flow 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 6.54 6.10 8.72 8.34 8.43

VNET vs INOD, SHAZ, DXC: Price-to-Operating-Cash-Flow Comparison

For the Information Technology Services subindustry, VNET Group's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow vs Software Industry

For the Software industry and Technology sector, VNET Group's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where VNET Group's Price-to-Operating-Cash-Flow falls into.


VNET
58GF Score
VNET Group Inc VNET
Price-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNET Group Price-to-Operating-Cash-Flow Calculation

VNET Group's Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio=Share Price/Cash Flow from Operations per share (TTM)
=7.01/0.995
=7.05

VNET Group's Share Price of today is $7.01.
VNET Group's Cash Flow from Operations 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 $1.00.

* 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.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

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

Price-to-Operating-Cash-Flow Ratio=Market Cap/Cash Flow from Operations
What does a Price-to-Operating-Cash-Flow of 7.05 mean?
VNET Group (VNET) has a Price-to-Operating-Cash-Flow of 7.05 as of Aug. 07, 2026. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on VNET Group and its competitors. This is 24% below median its historical median of 9.27. Over the past decade, VNET Group's Price-to-Operating-Cash-Flow has ranged from 0.56 to 69.26. According to the industry distribution chart, VNET Group ranks #386 out of 1872 companies in the Software industry, placing it in the top 20.6%.
Is VNET Group's Price-to-Operating-Cash-Flow too high?
VNET Group's current Price-to-Operating-Cash-Flow of 7.05 is 24% below median its 10-year median of 9.27. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 69.26. The Software industry median Price-to-Operating-Cash-Flow is 14.46. VNET Group's value of 7.05 is 51.2% below this industry median. Based on the distribution chart, VNET Group ranks #386 out of 1872 companies in the Software industry, which is in the top quartile — a strong position 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 Price-to-Operating-Cash-Flow compare to INOD and SHAZ?
According to the Software industry distribution chart, VNET Group ranks #386 out of 1872 companies for Price-to-Operating-Cash-Flow. This places VNET Group in the top 21% of its industry — outperforming the majority of peers. The industry median Price-to-Operating-Cash-Flow is 14.46. VNET Group's value of 7.05 is 51.2% below this benchmark. Historically, VNET Group's own Price-to-Operating-Cash-Flow has ranged from 0.56 to 69.26 over the past decade. While the company's 10-year median is 9.27 vs. the industry median of 14.46, VNET Group has consistently been below 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 Price-to-Operating-Cash-Flow for a Software company?
The median Price-to-Operating-Cash-Flow among Software companies is 14.46, based on 1,872 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VNET Group's current Price-to-Operating-Cash-Flow of 7.05 is 51.2% below 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 Price-to-Operating-Cash-Flow mean?
A high Price-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on VNET Group and its competitors. For the Software industry, the median Price-to-Operating-Cash-Flow is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNET Group's current Price-to-Operating-Cash-Flow is 7.05, which is 24% below median its own 10-year median of 9.27. 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 Price-to-Operating-Cash-Flow is 7.05, which is 24% below median its 10-year median of 9.27 and 51.2% below the Software industry median of 14.46. 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 Price-to-Operating-Cash-Flow calculated?
Price-to-Operating-Cash-Flow is calculated from a company's financial statements. For VNET Group (VNET), the current Price-to-Operating-Cash-Flow is 7.05 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:

  • Price-to-Operating-Cash-Flow: 7.05 (24% below median its 10-year median of 9.27)
  • GF Value™: $4.37 vs. price of $7.01 (60.4% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 51.2% below the Software median (#386 of 1872)

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 Group Business Description

Other Exchanges 217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
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

Get the complete analysis for VNET

Price-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.01
Price
$4.37
GF Value