Tencent Music Entertainment Group

Tencent Music Entertainment Group - PE Ratioverified

TME

Price:

$8.73

Market Cap:

$90.24B

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an onli...[Read more]

Industry

Internet Content & Information

IPO Date

2018-12-12

Stock Exchange

NYSE

Ticker

TME

The PE Ratio as of June 2026 (TTM) for Tencent Music Entertainment Group (TME) is 10.39

According to Tencent Music Entertainment Group’s latest financial reports and current stock price. The company's current PE Ratio is 10.39. This represents a change of -51.77% compared to the average of 21.54 of the last 4 quarters.

Tencent Music Entertainment Group (TME) Historical PE Ratio (quarterly & annually)

How has TME PE Ratio performed in the past?

The mean historical PE Ratio of Tencent Music Entertainment Group over the last ten years is 83.48. The current 10.39 PE Ratio has changed 1.14% with respect to the historical average. Over the past ten years (40 quarters), TME's PE Ratio was at its highest in in the September 2017 quarter at 32.32. The PE Ratio was at its lowest in in the December 2018 quarter at -14.28.

Quarterly (TTM)
Annual

Average

83.48

Median

19.55

Minimum

12.26

Maximum

647.10

Tencent Music Entertainment Group (TME) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Tencent Music Entertainment Group PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 53.51%

Maximum Annual PE Ratio = 647.10

Minimum Annual Increase = -94.28%

Minimum Annual PE Ratio = 12.26

Quarterly (TTM)
Annual
YearPE RatioChange
202517.66-8.76%
202419.35-2.05%
202319.76-21.07%
202225.0353.51%
202116.3132.97%
202012.26-10.34%
201913.68-48.68%
201826.65-27.95%
201736.99-94.28%

Tencent Music Entertainment Group (TME) Average PE Ratio

How has TME PE Ratio performed in the past?

The current PE Ratio of Tencent Music Entertainment Group (TME) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

18.92

5-year avg

19.62

10-year avg

83.48

Tencent Music Entertainment Group (TME) PE Ratio vs. Peers

How is TME’s PE Ratio compared to its peers?

Tencent Music Entertainment Group’s PE Ratio is less than Reddit, Inc. (46.72), less than Baidu, Inc. (803.22), less than Chunghwa Telecom Co., Ltd. (28.63), greater than Charter Communications, Inc. (3.35), greater than Live Nation Entertainment, Inc. (-97.85), less than Nebius Group N.V. (84.57), greater than Liberty Live Group (-20.05), less than Pinterest, Inc. (41.64), greater than Vodafone Group Public Limited Company (-69.73),

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