Tencent Music (TME) - Market capitalization

Market cap: NZ$31.65 Billion

As of November 2024 Tencent Music has a market cap of NZ$31.65 Billion. This makes Tencent Music the world's 1048th 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	NZ$31.65 B	29.42%
2023	NZ$24.45 B	6.37%
2022	NZ$22.99 B	35.45%
2021	NZ$16.97 B	-62.05%
2020	NZ$44.73 B	52.97%
2019	NZ$29.24 B	-9.14%
2018	NZ$32.18 B

End of Day market cap according to different sources

On Nov 13th, 2024 the market cap of Tencent Music was reported to be:

NZ$31.24 Billion

by Nasdaq

NZ$32.78 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Perion Network PERI	NZ$0.73 B	-97.69%	🇮🇱 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: NZ$31.65 Billion