As of Q4'25, NET's P/E Ratio stands at -1.43K, marking a significant deterioration from previous quarters. This latest data point highlights a deepening negative valuation, indicating that the company continues to operate at a substantial net loss relative to its market capitalization. Analyzing the period from Q1'23 to Q4'25, the P/E Ratio has shown a persistent downward trend, moving from -104 in Q1'23 to -1.43K in Q4'25. Notably, there are sharp declines in Q4'23, Q4'24, and Q4'25, suggesting escalating losses or negative earnings during year-end quarters. The overall trajectory reflects increasing financial challenges for NET over the observed timeframe.