TME
Price:
$10.18
Market Cap:
$118.01B
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those inter...[Read more]
Industry
Internet Content & Information
IPO Date
2018-12-12
Stock Exchange
NYSE
Ticker
TME
According to Tencent Music Entertainment Group’s latest financial reports and current stock price. The company's current PE Ratio is 20.36. This represents a change of 0.87% compared to the average of 20.18 of the last 4 quarters.
The mean historical PE Ratio of Tencent Music Entertainment Group over the last ten years is 283.37. The current 20.36 PE Ratio has changed 618.51% with respect to the historical average. Over the past ten years (40 quarters), TME's PE Ratio was at its highest in in the December 2016 quarter at 299.91. The PE Ratio was at its lowest in in the July 2016 quarter at -167.19.
Average
283.37
Median
41.82
Minimum
20.63
Maximum
1.93K
Discovering the peaks and valleys of Tencent Music Entertainment Group PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 49.04%
Maximum Annual PE Ratio = 1.93K
Minimum Annual Increase = -94.20%
Minimum Annual PE Ratio = 20.63
Year | PE Ratio | Change |
---|---|---|
2023 | 20.63 | -17.09% |
2022 | 24.88 | 4.31% |
2021 | 23.85 | -52.35% |
2020 | 50.06 | 49.04% |
2019 | 33.59 | -55.97% |
2018 | 76.27 | -31.66% |
2017 | 111.61 | -94.20% |
The current PE Ratio of Tencent Music Entertainment Group (TME) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
23.12
5-year avg
30.60
10-year avg
283.37
Tencent Music Entertainment Group’s PE Ratio is greater than Baidu, Inc. (10.31), greater than Twilio Inc. (-16.64), less than Spotify Technology S.A. (124.90), greater than Weibo Corporation (5.37), greater than JOYY Inc. (9.57), greater than DouYu International Holdings Limited (-29.58), greater than Autohome Inc. (11.57), greater than Hello Group Inc. (5.84), greater than Yelp Inc. (16.67), greater than Zhihu Inc. (-3.39), less than Tencent Holdings Limited (20.40), greater than Snap Inc. (-12.12), less than Alphabet Inc. (21.25), less than Pinterest, Inc. (104.08),
Company | PE Ratio | Market cap |
---|---|---|
10.31 | $29.36B | |
-16.64 | $9.33B | |
124.90 | $63.14B | |
5.37 | $1.80B | |
9.57 | $1.97B | |
-29.58 | $281.08M | |
11.57 | $3.34B | |
5.84 | $1.14B | |
16.67 | $2.27B | |
-3.39 | $297.00M | |
20.40 | $437.06B | |
-12.12 | $14.15B | |
21.25 | $1.87T | |
104.08 | $20.07B |
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