Tencent Music Entertainment
TME
#1460
Rank
A$22.03 B
Marketcap
A$13.52
Share price
-0.78%
Change (1 day)
-59.20%
Change (1 year)
Categories
Tencent Music Entertainment Group (TME) is joint venture between Tencent and Spotify. The company provides music streaming services for the Chinese market.

P/S ratio for Tencent Music Entertainment (TME)

P/S ratio as of November 2026 (TTM): 3.13

According to Tencent Music Entertainment's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.28. At the end of 2023 the company had a P/S ratio of 2.80.

P/S ratio history for Tencent Music Entertainment from 2018 to 2023

PS ratio at the end of each year

Year P/S ratio Change
20232.80-19.78%
20223.4945.2%
20212.40-68.34%
20207.5841.32%
20195.36-29.35%
20187.59

P/S ratio for similar companies or competitors

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