Tencent Music Entertainment Group (TME) Price-to-Earnings (P/E) Ratio
Price: $14.18
Market Cap: $9.92B
Avg Volume: 8.21M
Market Cap: $9.92B
Avg Volume: 8.21M
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Industry: Internet Content & Information
Sector: Communication Services
Price-to-Earnings (P/E) Ratio Summary
Tencent Music Entertainment Group's P/E ratios across different time periods:
- TTM: 24.07
- Annual: 19.54
- Quarterly: 16.44
What is P/E Ratio?
The Price-to-Earnings (P/E) ratio is a valuation metric that compares a company's stock price to its earnings per share (EPS). It indicates how much investors are willing to pay for each dollar of company earnings.
Related Metrics
- Price-to-Book (P/B) Ratio: 1.91
- Price-to-Sales (P/S) Ratio: 9.14
Annual Ratios
Tencent Music Entertainment Group Historical P/E Ratio
Historical P/B Ratio
Historical P/S Ratio
TTM P/E Ratio
24.07
P/B Ratio (Annual)
1.91
P/S Ratio (Annual)
9.14
Tencent Music Entertainment Group Historical Valuation Metrics
The table below shows various valuation metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | P/E Ratio | P/B Ratio | P/S Ratio |
|---|---|---|---|
| 2024 | 19.54 | 1.91 | 9.14 |
| 2023 | 20.63 | 1.82 | 7.31 |
| 2022 | 24.88 | 1.90 | 6.46 |
| 2021 | 23.85 | 1.44 | 4.63 |
| 2020 | 50.06 | 3.98 | 14.27 |
| 2019 | 33.59 | 3.07 | 10.52 |
| 2018 | 76.27 | 3.71 | 14.73 |
| 2017 | 111.61 | 5.66 | 26.96 |
| 2016 | 1926.03 | 7.66 | 72.43 |
Related Metrics
Explore detailed financial metrics and analysis for TME.