The9

The9 P/TBV

The Price to Tangible Book Value (P/TBV) of The9 (NCTY) as of Oct 16, 2026 is 2.24. In the previous year, Price to Tangible Book Value (P/TBV) was 1.37 — a change of 63.90% (higher).

P/TBV

2.24

YoY

63.90%

Last updated:

Price to Tangible Book Value (P/TBV) of The9 is 2025 2.24 . Price to Tangible Book Value (P/TBV) of The9 was 2024 1.37 . It decreases by 63.90% higher compared to the previous year.

The The9 P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2018
-0.76 CNY
Jan 1, 2019
-0.70 CNY
Jan 1, 2020
-2.05 CNY
Jan 1, 2021
0.76 CNY
Jan 1, 2022
13.03 CNY
Jan 1, 2023
2.86 CNY
Jan 1, 2024
1.37 CNY
Jan 1, 2025
2.24 CNY
The The9 P/TBV history
YEARP/TBVYoY
2.24+63.90%
1.37-52.28%
2.86-78.03%
13.03+1,613.72%
0.76-137.05%
-2.05+191.62%
-0.70-7.73%
-0.76-30.47%
-1.10-3.09%
-1.13-57.83%
-2.68-63.86%
-7.43—

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The9 Stock analysis

What does The9 do? The9 Ltd, with ticker NCTY and ISIN US88337K4013, is based in Shanghai, China. The company operates in the Communication Services sector within the Media industry. It has 50 employees and went public on December 16, 2004. The9 develops and operates online and mobile games, including MMORPGs, MMOFPSs, Web games, social games, mobile games, and television games. It also offers mobile advertising and mobile application education services. The company operates a home entertainment set-top box called Fun Box and develops games such as Firefall and Song of Knights. The9 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about The9 stock

Price to Tangible Book Value (P/TBV) of The9 is 2.24 in 2025.

Price to Tangible Book Value (P/TBV) of The9 changed from 1.37 to 2.24, representing a 63.90% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) The9 since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s The9 with sector peers and the industry average to assess whether it is attractive.

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Valuation — The9

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