Tencent Music Entertainment Group logo

Tencent Music Entertainment Group - ADR

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NYSE:TME (China)   ADR
$ 14.15 +0.145 (+1.04%) 09:48 AM EST
30.62
P/B:
2.95
Market Cap:
$ 24.27B
Enterprise V:
$ 21.34B
Volume:
597.67K
Avg Vol (2M):
7.42M
Also Trade In:
Volume:
597.67K
Avg Vol (2M):
7.42M
PE Ratio PS Ratio PB Ratio Price-to-FCF Market Cap
Current and historical daily PE Ratio for TME ( Tencent Music Entertainment Group ) from 2018 to Jun 05 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Tencent Music Entertainment Group stock (TME) PE ratio as of Jun 05 2024 is 30.62. More Details

Tencent Music Entertainment Group (TME) PE Ratio (TTM) Chart

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Tencent Music Entertainment Group (TME) PE Ratio (TTM) Historical Data

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Tencent Music Entertainment Group PE Ratio (TTM) Historical Data
Date PE Ratio (TTM) Data Date PE Ratio (TTM) Data
2024-06-05 30.6 2024-04-02 24.4
2024-06-04 30.3 2024-04-01 24.1
2024-06-03 30.3 2024-03-28 24.2
2024-05-31 31.3 2024-03-27 25.3
2024-05-30 32.8 2024-03-26 25.3
2024-05-29 32.0 2024-03-25 25.5
2024-05-28 32.2 2024-03-22 25.0
2024-05-24 32.0 2024-03-21 26.0
2024-05-23 31.4 2024-03-20 26.7
2024-05-22 31.9 2024-03-19 25.2
2024-05-21 32.5 2024-03-18 23.7
2024-05-20 33.0 2024-03-15 23.6
2024-05-17 33.4 2024-03-14 23.9
2024-05-16 33.5 2024-03-13 24.1
2024-05-15 33.3 2024-03-12 24.3
2024-05-14 31.7 2024-03-11 23.6
2024-05-13 32.0 2024-03-08 24.0
2024-05-10 28.9 2024-03-07 23.6
2024-05-09 29.0 2024-03-06 22.0
2024-05-08 28.7 2024-03-05 21.6
2024-05-07 28.9 2024-03-04 23.0
2024-05-06 29.4 2024-03-01 23.7
2024-05-03 29.2 2024-02-29 23.9
2024-05-02 28.3 2024-02-28 23.4
2024-05-01 26.8 2024-02-27 23.8
2024-04-30 27.2 2024-02-26 23.8
2024-04-29 27.9 2024-02-23 23.4
2024-04-26 27.9 2024-02-22 23.5
2024-04-25 27.4 2024-02-21 23.1
2024-04-24 27.1 2024-02-20 22.6
2024-04-23 26.7 2024-02-16 23.1
2024-04-22 25.4 2024-02-15 23.5
2024-04-19 24.6 2024-02-14 23.2
2024-04-18 25.1 2024-02-13 22.0
2024-04-17 24.4 2024-02-12 22.5
2024-04-16 24.4 2024-02-09 22.1
2024-04-15 24.3 2024-02-08 21.7
2024-04-12 24.6 2024-02-07 22.1
2024-04-11 25.8 2024-02-06 22.4
2024-04-10 25.6 2024-02-05 21.1
2024-04-09 25.6 2024-02-02 20.7
2024-04-08 25.1 2024-02-01 21.1
2024-04-05 25.2 2024-01-31 21.5
2024-04-04 24.3 2024-01-30 20.7
2024-04-03 24.7 2024-01-29 20.8

Tencent Music Entertainment Group (TME) PE Ratio (TTM) Comparison

Company Market Cap(Mil) PE Ratio (TTM)

Business Description

Business Description

Description
Tencent Music is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.