GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEase Inc (NAS:NTES) » Definitions » Median PS Value

NetEase (NetEase) Median PS Value : $121.56 (As of Apr. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is NetEase Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. NetEase's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $22.332. NetEase's 10-Year median PS Ratio is 5.4433. Therefore, the Median PS Value for today is $121.56.

As of today (2024-04-27), NetEase's share price is $95.99. NetEase's Median PS Value is $121.56. Therefore, NetEase's Price to Median PS Value for today is 0.79.

The historical rank and industry rank for NetEase's Median PS Value or its related term are showing as below:

NTES' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.5   Med: 0.81   Max: 1.04
Current: 0.79

During the past 13 years, the highest Price to Median PS Value of NetEase was 1.04. The lowest was 0.50. And the median was 0.81.

NTES's Price-to-Median-PS-Value is ranked worse than
55.96% of 193 companies
in the Interactive Media industry
Industry Median: 0.72 vs NTES: 0.79

NetEase Median PS Value Historical Data

The historical data trend for NetEase's Median PS 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.

* Premium members only.

NetEase Median PS Value Chart

NetEase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.30 97.38 121.59 126.81 121.56

NetEase Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS 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 126.81 126.39 123.42 123.71 121.56

Competitive Comparison of NetEase's Median PS Value

For the Electronic Gaming & Multimedia subindustry, NetEase's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-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's Price-to-Median-PS-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where NetEase's Price-to-Median-PS-Value falls into.



NetEase Median PS Value Calculation

NetEase's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=22.332*5.4433
=121.56

10-Year Median PS Ratio is 5.4433.
NetEase's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.332.

* 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  (NAS:NTES) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

NetEase's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=95.99/121.56
=0.79

* 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 Median PS Value Related Terms

Thank you for viewing the detailed overview of NetEase's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


NetEase (NetEase) Business Description

Address
No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).