NETTF (NetEase) Shiller PE Ratio: 30.71 (As of Jun. 30, 2026) — 13% Below Median


NETTF NetEase Inc NETTF
93 GF Score
Price $24.26
GF Value $22.57
Valuation Fairly Valued
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What is NetEase Shiller PE Ratio?

NetEase NETTF -0.98% 93 Shiller PE Ratio is 30.71 as of Jun. 30, 2026, which is 13% below its 10-year median of 35.26. GuruFocus rates NETTF with a GF Score™ of 93/100 and a GF Value™ of $22.57 (Fairly Valued). Among 192 Interactive Media companies, NetEase ranks worse than 64.06% on this metric.

As of today (2026-06-30), NetEase's current share price is $24.26. NetEase's E10 for the quarter that ended in Mar. 2026 was $0.79. NetEase's Shiller PE Ratio for today is 30.71.

The historical rank and industry rank for NetEase's Shiller PE Ratio or its related term are showing as below:

NETTF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.3   Med: 35.26   Max: 63.83
Current: 28.36

During the past years, NetEase's highest Shiller PE Ratio was 63.83. The lowest was 20.30. And the median was 35.26.

NETTF's Shiller PE Ratio is ranked worse than
64.06% of 192 companies
in the Interactive Media industry
Industry Median: 18.9 vs NETTF: 28.36

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

NetEase's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetEase  (OTCPK:NETTF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


NetEase Shiller PE Ratio Related Terms


NetEase Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for NetEase's Shiller PE Ratio 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 Shiller PE Ratio Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.54 26.09 28.43 23.61 31.57

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE Ratio 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 25.91 32.73 35.62 31.57 24.59

NETTF vs EA, TTWO, RBLX: Shiller PE Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, NetEase's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NetEase's Shiller PE Ratio falls into.


NETTF
93GF Score
NetEase Inc NETTF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

NetEase's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.26/0.79
=30.71

* 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's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, NetEase's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.48/116.3033*116.3033
=0.480

Current CPI (Mar. 2026) = 116.3033.

NetEase Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.124 101.400 0.142
201609 0.124 102.400 0.141
201612 0.160 102.600 0.181
201703 0.171 103.200 0.193
201706 0.132 103.100 0.149
201709 0.116 104.100 0.130
201712 0.059 104.500 0.066
201803 0.036 105.300 0.040
201806 0.101 104.900 0.112
201809 0.071 106.600 0.077
201812 0.077 106.500 0.084
201903 0.110 107.700 0.119
201906 0.138 107.700 0.149
201909 0.550 109.800 0.583
201912 0.133 111.200 0.139
202003 0.154 112.300 0.159
202006 0.195 110.400 0.205
202009 0.128 111.700 0.133
202012 0.044 111.500 0.046
202103 0.201 112.662 0.207
202106 0.163 111.769 0.170
202109 0.147 112.215 0.152
202112 0.268 113.108 0.276
202203 0.210 114.335 0.214
202206 0.239 114.558 0.243
202209 0.289 115.339 0.291
202212 0.174 115.116 0.176
202303 0.300 115.116 0.303
202306 0.355 114.558 0.360
202309 0.330 115.339 0.333
202312 0.283 114.781 0.287
202403 0.326 115.227 0.329
202406 0.287 114.781 0.291
202409 0.287 115.785 0.288
202412 0.375 114.893 0.380
202503 0.443 115.116 0.448
202506 0.372 114.907 0.377
202509 0.375 115.471 0.378
202512 0.274 115.832 0.275
202603 0.480 116.303 0.480

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 30.71 mean?
NetEase (NETTF) has a Shiller PE Ratio of 30.71 as of Jun. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on NetEase and its competitors. This is 13% below median its historical median of 35.26. Over the past decade, NetEase's Shiller PE Ratio has ranged from 20.30 to 63.83. According to the industry distribution chart, NetEase ranks #123 out of 192 companies in the Interactive Media industry, placing it in the top 64.1%.
Is NetEase's Shiller PE Ratio too high?
NetEase's current Shiller PE Ratio of 30.71 is 13% below median its 10-year median of 35.26. Over the past 10 years, this metric has ranged from a low of 20.30 to a high of 63.83. The Interactive Media industry median Shiller PE Ratio is 18.90. NetEase's value of 30.71 is 62.5% above this industry median. Based on the distribution chart, NetEase ranks #123 out of 192 companies in the Interactive Media industry, which is below the industry midpoint. Overall, NetEase has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Shiller PE Ratio compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #123 out of 192 companies for Shiller PE Ratio. This places NetEase in the lower half of its industry. The industry median Shiller PE Ratio is 18.90. NetEase's value of 30.71 is 62.5% above this benchmark. Historically, NetEase's own Shiller PE Ratio has ranged from 20.30 to 63.83 over the past decade. While the company's 10-year median is 35.26 vs. the industry median of 18.90, 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 Shiller PE Ratio for an Interactive Media company?
The median Shiller PE Ratio among Interactive Media companies is 18.90, based on 192 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current Shiller PE Ratio of 30.71 is 62.5% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on NetEase and its competitors. For the Interactive Media industry, the median Shiller PE Ratio is 18.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current Shiller PE Ratio is 30.71, which is 13% below median its own 10-year median of 35.26. 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 $22.57, compared to a current price of $24.26 — trading 7.5% above its estimated fair value. The current Shiller PE Ratio is 30.71, which is 13% below median its 10-year median of 35.26 and 62.5% above the Interactive Media industry median of 18.90. NetEase's overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For NetEase (NETTF), the current Shiller PE Ratio is 30.71 as of Jun. 30, 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 7.5% above its estimated GF Value™ of $22.57. GuruFocus considers NetEase to be Fairly Valued.

Key valuation signals for NETTF:

  • Shiller PE Ratio: 30.71 (13% below median its 10-year median of 35.26)
  • GF Value™: $22.57 vs. price of $24.26 (7.5% above fair value)
  • GF Score™: 93/100
  • Industry Position: 62.5% above the Interactive Media median (#123 of 192)

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.
93GF Score

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Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.26
Price
$22.57
GF Value