NETTF (NetEase) ROE % Adjusted to Book Value: 10.21% (As of Mar. 2026)


NETTF NetEase Inc NETTF
94 GF Score
Price $24.26
GF Value $24.76
Valuation Fairly Valued
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What is NetEase ROE % Adjusted to Book Value?

NetEase NETTF -0.98% 94 ROE % Adjusted to Book Value is 10.21% as of Mar. 2026. GuruFocus rates NETTF with a GF Score™ of 94/100 and a GF Value™ of $24.76 (Fairly Valued).

NetEase's ROE % for the quarter that ended in Mar. 2026 was 26.55%. NetEase's PB Ratio for the quarter that ended in Mar. 2026 was 2.60. NetEase's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 10.21%.


NetEase ROE % Adjusted to Book Value Related Terms


NetEase ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for NetEase's ROE % Adjusted to Book Value 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.

NetEase ROE % Adjusted to Book Value Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 6.06 7.54 7.54 5.43

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 8.57 6.09 5.36 3.76 10.21

NETTF vs EA, TTWO, RBLX: ROE % Adjusted to Book Value Comparison

For the Electronic Gaming & Multimedia subindustry, NetEase's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where NetEase's ROE % Adjusted to Book Value falls into.


NETTF
94GF Score
NetEase Inc NETTF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase ROE % Adjusted to Book Value Calculation

NetEase's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=22.93% / 4.22
=5.43%

NetEase's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=26.55% / 2.60
=10.21%

* 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 ROE % Adjusted to Book Value of 10.21% mean?
NetEase (NETTF) has a ROE % Adjusted to Book Value of 10.21% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NetEase and its competitors.
Is NetEase's ROE % Adjusted to Book Value too high?
NetEase's current ROE % Adjusted to Book Value is 10.21%. Overall, NetEase has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's ROE % Adjusted to Book Value compare to EA and TTWO?
NetEase's ROE % Adjusted to Book Value of 10.21% can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Interactive Media company?
A good ROE % Adjusted to Book Value depends on the Interactive Media industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NetEase and its competitors. NetEase's current ROE % Adjusted to Book Value is 10.21%. 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 $24.76, compared to a current price of $24.26 — trading 2% below its estimated fair value. The current ROE % Adjusted to Book Value is 10.21%. NetEase's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For NetEase (NETTF), the current ROE % Adjusted to Book Value is 10.21% as of Mar. 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 undervalued. The current stock price of $24.26 is trading 2% below its estimated GF Value™ of $24.76. GuruFocus considers NetEase to be Fairly Valued.

Key valuation signals for NETTF:

  • ROE % Adjusted to Book Value: 10.21%
  • GF Value™: $24.76 vs. price of $24.26 (2% below fair value)
  • GF Score™: 94/100

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.


NetEase Business Description

Address No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
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.
94GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.26
Price
$24.76
GF Value