Tencent Music Entertainment Group (TCMEF) stock

TCMEFOTCRadio Broadcasting StationsFiscal year ends December 31Also trades as TME

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026Score 12/30

$4.69+0.70 (+17.54%)

Close on Oct 19, 2026Market cap $7.38BP/E –Yield –

Tencent Music Entertainment price to book ratio

The price-to-book ratio is market cap divided by shareholders' equity.

Tencent Music Entertainment's price to book ratio was 1.2× on Nov 3, 2026, against 3.0× a year earlier. Over the last 5 years it ranged from 0.9× to 4.0×, with a median of 1.9×.

Price to Book Ratio at the end of each year

Period	Period end	Value	Change (pts)
2026	Nov 3, 2026	1.2×	−1.6
2025	Dec 31, 2025	2.8×	+0.5
2024	Dec 31, 2024	2.3×	+0.2
2023	Dec 29, 2023	2.2×	+0.2
2022	Dec 30, 2022	1.9×	+0.5
2021	Dec 31, 2021	1.4×	−2.9
2020	Dec 31, 2020	4.3×	+0.8
2019	Dec 31, 2019	3.4×	−1.2
2018	Dec 31, 2018	4.6×	–

Where these numbers come from

Parsed from the XBRL in Tencent Music Entertainment's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing