Tencent Music Entertainment (TME)

P/B ratio as of July 2026 : 1.30

According to Tencent Music Entertainment's latest financial reports the company has a price-to-book ratio of 3.05209.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tencent Music Entertainment - P/B ratio (from 2018 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	2.53	22.63%
2024-12-31	2.07	8.12%
2023-12-31	1.91	-6.74%
2022-12-31	2.05	41.62%
2021-12-31	1.45	-63.75%
2020-12-31	3.99	26.74%
2019-12-31	3.15	-19.86%
2018-12-31	3.93
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Perion Network PERI	0.5939	-54.15%	🇮🇱 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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Tencent Music Entertainment (TME) - P/B ratio