Tencent Music
TME
#1005
Rank
S$26.18 B
Marketcap
$15.51
Share price
0.09%
Change (1 day)
34.53%
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): 5.09

According to Tencent Music's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.24. 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
0.5861-88.48%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel