Tencent
TCEHY
#15
Rank
$346.85 B
Marketcap
$36.00
Share price
3.24%
Change (1 day)
-38.22%
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.

P/E ratio for Tencent (TCEHY)

P/E ratio as of September 2022 (TTM): 17.9

According to Tencent's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.9072. At the end of 2020 the company had a P/E ratio of 27.8.

P/E ratio history for Tencent from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202027.8-19.41%
201934.55.72%
201832.6-26.68%
201744.515.86%
201638.4-5.63%
201540.716.96%
201434.8-24.44%
201346.052.97%
201230.133.28%
201122.6-31.93%
201033.2-37.6%
200953.1

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.