Tencent Music Entertainment Group (TME) PEG Ratio
Market Cap: $9.92B
Avg Volume: 8.27M
Industry: Internet Content & Information
Sector: Communication Services
PEG Ratio Summary
- Tencent Music Entertainment Group's trailing twelve month (TTM) PEG ratio is 2.20.
- Tencent Music Entertainment Group's annual PEG ratio as of today is 0.53.
- Tencent Music Entertainment Group's quarterly PEG ratio is 0.63.
What is the PEG Ratio?
The PEG ratio (Price/Earnings to Growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth. A lower PEG ratio suggests that a stock may be undervalued given its earnings performance and growth potential.
How is the PEG Ratio calculated?
The PEG ratio is calculated by dividing the P/E ratio by the annual EPS growth. The formula is:
PEG Ratio = (P/E Ratio) / (EPS Growth Rate)
This helps investors to determine a stock's value while considering the company's earnings growth.
Related Metrics
Other important metrics to assess Tencent Music Entertainment Group's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 19.54
- Quarterly: 16.44
- TTM: 24.04
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 4.57
- Quarterly: 17.25
- TTM: 2.53
- P/B Ratio (Price to Book Ratio) - compares the company's market value to its book value:
- Annual: 1.91
- Quarterly: 1.90
- TTM: 2.35
- P/CF Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 12.63
- Quarterly: 51.88
- TTM: 15.55
These metrics provide insights into Tencent Music Entertainment Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
TTM PEG Ratio
2.20
Annual PEG Ratio
0.53
Quarterly PEG Ratio
0.63
Tencent Music Entertainment Group Historical PEG Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/B Ratio
Historical P/CF Ratio
Tencent Music Entertainment Group Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | PEG Ratio | P/E Ratio | P/S Ratio | P/B Ratio | P/CF Ratio |
|---|---|---|---|---|---|
| 2024 | 0.53 | 19.54 | 4.57 | 1.91 | 12.63 |
| 2023 | 0.12 | 20.63 | 3.66 | 1.82 | 13.83 |
| 2022 | -0.68 | 24.88 | 3.23 | 1.90 | 12.23 |
| 2021 | -0.88 | 23.85 | 2.31 | 1.44 | 13.79 |
| 2020 | 17.38 | 50.06 | 7.13 | 3.98 | 42.58 |
| 2019 | 0.32 | 33.59 | 5.26 | 3.07 | 21.57 |
| 2018 | 1.69 | 76.27 | 7.36 | 3.71 | 24.82 |
| 2017 | 0.07 | 111.61 | 13.48 | 5.66 | 59.20 |
| 2016 | 0.00 | 1926.03 | 36.22 | 7.66 | 180.91 |
Related Metrics
Explore detailed financial metrics and analysis for TME.