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Daily valuation snapshot
VNET Group, Inc. American Depositary Shares: source evidence dated 2026-10-09.
- Daily close (USD)
- $5.53
- Market capitalization (USD)
- $1,495,804,468.62
- Price / earnings (TTM)
- Not reported
- Price / book
- 1.22
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Company overview
VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.
Daily valuation snapshot
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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing VNET with another company.
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| Daily close (USD) | $5.53 |
| Market capitalization (USD) | $1,495,804,468.62 |
| Price / earnings (TTM) | Not reported |
| Price / book | 1.22 |
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Read VNET's valuation metrics
Company size
VNET Group, Inc. American Depositary Shares's recorded market capitalization is $1,495,804,468.62. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
P/E compares share price with trailing annual earnings per share. For a company with losses, inspect the earnings figures directly rather than treating a negative multiple as a cheap valuation.
Price relative to book equity
VNET's recorded price-to-book ratio is 1.22. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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Use the snapshot above to ask a specific question about VNET. Ask for the report period and the figures behind the explanation, then compare the answer with the company's business description.
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