Tencent Music (TME) - Market capitalization

Market cap: HK$126.46 Billion

As of September 2024 Tencent Music has a market cap of HK$126.46 Billion. This makes Tencent Music the world's 1136th 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	Market cap	Change
2024	HK$126.46 B	4.69%
2023	HK$120.79 B	5.91%
2022	HK$114.05 B	26.16%
2021	HK$90.40 B	-63.88%
2020	HK$250.25 B	63.14%
2019	HK$153.39 B	-9.26%
2018	HK$169.04 B

End of Day market cap according to different sources

On Sep 15th, 2024 the market cap of Tencent Music was reported to be:

HK$126.59 Billion

by Yahoo Finance

HK$126.59 Billion

by CompaniesMarketCap

HK$127.21 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Perion Network PERI	HK$3.02 B	-97.60%	🇮🇱 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: HK$126.46 Billion