Tencent Music (TME) - Market capitalization

Market cap: €19.68 Billion

As of December 2024 Tencent Music has a market cap of €19.68 Billion. This makes Tencent Music the world's 937th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Tencent Music from 2018 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	€19.68 B	40.72%
2023	€13.99 B	2.81%
2022	€13.60 B	32.92%
2021	€10.23 B	-60.99%
2020	€26.24 B	49.26%
2019	€17.58 B	-6.84%
2018	€18.87 B

End of Day market cap according to different sources

On Dec 22nd, 2024 the market cap of Tencent Music was reported to be:

€20.15 Billion

by Yahoo Finance

€19.65 Billion

by CompaniesMarketCap

€19.73 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Perion Network PERI	€0.38 B	-98.06%	🇮🇱 Israel

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Tencent Music (TME)

Market cap: €19.68 Billion