NetEase (NTES)
(Delayed Data from NSDQ)
$86.11 USD
-5.47 (-5.97%)
Updated Aug 18, 2022 04:00 PM ET
After-Market: $86.07 -0.04 (-0.05%) 6:22 PM ET
4-Sell of 5 4
C Value B Growth B Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
Currently, NetEase, Inc. has a PEG ratio of 1.52 compared to the Internet - Software and Services industry's PEG ratio of 1.04.
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its growth rate over the past 12 months. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NTES 86.11 -5.47(-5.97%)
Will NTES be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for NTES based on the 1-3 month trading system that nearly triples the S&P 500.
Zacks News for NTES
NetEase (NTES) Gains As Market Dips: What You Should Know
NetEase (NTES) Dips More Than Broader Markets: What You Should Know
NTES: What are Zacks experts saying now?
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The Zacks Analyst Blog Highlights Broadcom, Prosus and NetEase
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Other News for NTES
NetEase ups quarterly revenue on strength of longstanding games
NetEase: Q2 Earnings Snapshot
Cloud Music Inc. Reports First Half 2022 Financial Results
NetEase Announces Second Quarter 2022 Unaudited Financial Results
Youdao Reports Second Quarter 2022 Unaudited Financial Results