Tencent Music
TME
#1031
Rank
NZ$32.29 B
Marketcap
$19.65
Share price
0.70%
Change (1 day)
36.93%
Change (1 year)
Categories
Tencent Music Entertainment Group (TME) is joint venture between Tencent and Spotify. The company provides music streaming services for the Chinese market.

P/S ratio for Tencent Music (TME)

P/S ratio as of November 2024 (TTM): 4.96

According to Tencent Music's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.19. At the end of 2024 the company had a P/S ratio of 6.36.

P/S ratio history for Tencent Music from 2018 to 2024

PS ratio at the end of each year

Year P/S ratio Change
20246.3660.93%
20233.9513.3%
20223.4945.2%
20212.40-68.34%
20207.5841.32%
20195.36-29.35%
20187.59

P/S ratio for similar companies or competitors

Company P/S ratio P/S ratio differencediff. Country
0.5813-88.29%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel