Tencent Music (TME) - Market capitalization

Market cap: $20.42 Billion USD

As of December 2024 Tencent Music has a market cap of $20.42 Billion USD. This makes Tencent Music the world's 945th 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	$20.42 B	32.08%
2023	$15.46 B	5.95%
2022	$14.59 B	25.9%
2021	$11.59 B	-64.08%
2020	$32.27 B	63.88%
2019	$19.69 B	-8.77%
2018	$21.58 B

End of Day market cap according to different sources

On Dec 21st, 2024 the market cap of Tencent Music was reported to be:

$20.94 Billion USD

by Yahoo Finance

$20.42 Billion USD

by CompaniesMarketCap

$20.50 Billion USD

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Perion Network PERI	$0.39 B	-98.06%	🇮🇱 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: $20.42 Billion USD