Netease Stock Price To Book
NETE34 Stock | BRL 57.00 0.78 1.39% |
NetEase fundamentals help investors to digest information that contributes to NetEase's financial success or failures. It also enables traders to predict the movement of NetEase Stock. The fundamental analysis module provides a way to measure NetEase's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NetEase stock.
NetEase |
NetEase Company Price To Book Analysis
NetEase's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current NetEase Price To Book | 3.15 X |
Most of NetEase's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NetEase is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, NetEase has a Price To Book of 3.1532 times. This is 72.44% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The price to book for all Brazil stocks is 66.84% higher than that of the company.
NetEase Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NetEase's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NetEase could also be used in its relative valuation, which is a method of valuing NetEase by comparing valuation metrics of similar companies.NetEase is regarded third in price to book category among its peers.
NetEase Fundamentals
Return On Equity | 0.2 | |||
Return On Asset | 0.0772 | |||
Profit Margin | 0.23 % | |||
Operating Margin | 0.21 % | |||
Current Valuation | 181.76 B | |||
Shares Outstanding | 6.57 B | |||
Price To Book | 3.15 X | |||
Price To Sales | 2.63 X | |||
Revenue | 87.61 B | |||
Gross Profit | 46.97 B | |||
EBITDA | 19.69 B | |||
Net Income | 16.86 B | |||
Total Debt | 1.28 B | |||
Book Value Per Share | 161.45 X | |||
Cash Flow From Operations | 24.93 B | |||
Earnings Per Share | 2.40 X | |||
Price To Earnings To Growth | 1.00 X | |||
Number Of Employees | 32.06 K | |||
Beta | 0.49 | |||
Market Capitalization | 307.46 B | |||
Total Asset | 153.64 B | |||
Annual Yield | 0.02 % | |||
Net Asset | 153.64 B | |||
Last Dividend Paid | 10.45 |
About NetEase Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NetEase's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NetEase using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NetEase based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in NetEase Stock
When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade NetEase Stock refer to our How to Trade NetEase Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.