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 +5.07%96 Price-to-Owner-Earnings is 15.19 as of Sep. 03, 2026. GuruFocus rates NETTF with a GF Score™ of 96/100 and a GF Value™ of $24.86 (Fairly Valued). The stock has 1 warning sign investors should review. Among 240 Interactive Media companies, NetEase ranks worse than 55.42% on this metric.
As of today (2026-09-03), NetEase's share price is $25.06.
NetEase's Owner Earnings per Share (TTM) ended in Jun. 2026 was $1.65. It's Price-to-Owner-Earnings for today is 15.19.
The historical rank and industry rank for NetEase's Price-to-Owner-Earnings or its related term are showing as below:
NETTF'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 9.86 Med: 17.35 Max: 35.56
Current: 15.23
During the past 13 years, the highest Price-to-Owner-Earnings of NetEase was 35.56. The lowest was 9.86. And the median was 17.35.
NETTF's Price-to-Owner-Earnings is ranked worse than 55.42% of 240
companies
in the Interactive Media industry
Industry Median: 13.24
vs NETTF: 15.23
As of today (2026-09-03), NetEase's share price is $25.06.
NetEase's EPS without NRI for the trailing twelve months (TTM) ended in was $1.59. Therefore, NetEase's PE Ratio without NRI for today is 15.81.
During the past 13 years, NetEase's highestPE Ratio without NRI was 41.46. The lowest was 9.88. And the median was 19.38.
The historical data trend for NetEase's Price-to-Owner-Earnings 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.
NETTF vs TTWO, RBLX, PLTK: Price-to-Owner-Earnings Comparison
For the Electronic Gaming & Multimedia subindustry, NetEase's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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-Owner-Earnings vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where NetEase's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
NetEase's Price-to-Owner-Earnings for today is calculated as
* 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.
What does a Price-to-Owner-Earnings of 15.19 mean?
NetEase (NETTF) has a Price-to-Owner-Earnings of 15.19 as of Sep. 03, 2026. Price-to-owner-earnings ratio is the ratio of share price to a company's Buffett owner earnings per share. View historical data on NetEase and its competitors. According to the industry distribution chart, NetEase ranks #133 out of 240 companies in the Interactive Media industry, placing it in the top 55.4%.
Is NetEase's Price-to-Owner-Earnings too high?
NetEase's current Price-to-Owner-Earnings is 15.19. The Interactive Media industry median Price-to-Owner-Earnings is 13.24. NetEase's value of 15.19 is 14.7% above this industry median. Based on the distribution chart, NetEase ranks #133 out of 240 companies in the Interactive Media industry, which is below the industry midpoint. Overall, NetEase has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Price-to-Owner-Earnings compare to TTWO and RBLX?
According to the Interactive Media industry distribution chart, NetEase ranks #133 out of 240 companies for Price-to-Owner-Earnings. This places NetEase in the lower half of its industry. The industry median Price-to-Owner-Earnings is 13.24. NetEase's value of 15.19 is 14.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Owner-Earnings for an Interactive Media company?
The median Price-to-Owner-Earnings among Interactive Media companies is 13.24, based on 240 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Owner-Earnings significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Owner-Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current Price-to-Owner-Earnings of 15.19 is 14.7% 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 Price-to-Owner-Earnings mean?
A high Price-to-Owner-Earnings can signal that a stock is expensive relative to its fundamentals. Price-to-owner-earnings ratio is the ratio of share price to a company's Buffett owner earnings per share. View historical data on NetEase and its competitors. For the Interactive Media industry, the median Price-to-Owner-Earnings is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current Price-to-Owner-Earnings is 15.19. 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 Fairly Valued. The stock's GF Value™ is $24.86, compared to a current price of $25.06 — trading 0.8% above its estimated fair value. The current Price-to-Owner-Earnings is 15.19 and 14.7% above the Interactive Media industry median of 13.24. NetEase's overall GF Score™ is 96/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Owner-Earnings calculated?
Price-to-Owner-Earnings is calculated from a company's financial statements. For NetEase (NETTF), the current Price-to-Owner-Earnings is 15.19 as of Sep. 03, 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 $25.06 is trading 0.8% above its estimated GF Value™ of $24.86.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
Price-to-Owner-Earnings: 15.19
GF Value™: $24.86 vs. price of $25.06 (0.8% above fair value)
Industry Position: 14.7% above the Interactive Media median (#133 of 240)
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.
96GF Score
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Price-to-Owner-Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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