Tencent
TCEHY
#26
Rank
$368.89 B
Marketcap
$39.03
Share price
0.31%
Change (1 day)
-21.78%
Change (1 year)
Tencent Holdings Ltd. is a Chinese tech company that provides messaging services, social networks on the Internet, online media, Internet value-added services, multiplayer online games (MMO, MMORPG), e-commerce and online advertising.The company is behind WeChat and QQ.

Tencent (TCEHY) - P/B ratio

P/B ratio as of March 2024 : 3.18

According to Tencent's latest financial reports the company has a price-to-book ratio of 3.18.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tencent - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-313.09-13.3%
2022-12-313.57-12.76%
2021-12-314.09-30.26%
2020-12-315.87-10.89%
2019-12-316.58-10.66%
2018-12-317.37-36.38%
2017-12-3111.635.07%
2016-12-318.58-12.67%
2015-12-319.82-4.17%
2014-12-3110.2-16.65%
2013-12-3112.339.59%
2012-12-318.81464.84%
2011-12-311.56-53.82%
2010-12-313.38

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
3.41 7.24%๐Ÿ‡บ๐Ÿ‡ธ USA
1.12-64.80%๐Ÿ‡จ๐Ÿ‡ณ China
1.04-67.33%๐Ÿ‡จ๐Ÿ‡ณ China