Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as mu… Read more
Market Cap & Net Worth: Tencent Music Entertainment Group (TME)
Tencent Music Entertainment Group (NYSE:TME) has a market capitalization of $10.69 Billion ($10.69 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1135 globally and #876 in its home market, demonstrating a 10.79% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Tencent Music Entertainment Group's stock price $15.09 by its total outstanding shares 708442998 (708.44 Million).
Tencent Music Entertainment Group Market Cap History: 2018 to 2026
Tencent Music Entertainment Group's market capitalization history from 2018 to 2026. Data shows growth from $9.28 Billion to $10.69 Billion (1.16% CAGR).
Tencent Music Entertainment Group Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Tencent Music Entertainment Group's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.28x
Tencent Music Entertainment Group's market cap is 0.28 times its annual revenue
0.90x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
1.21x
Tencent Music Entertainment Group's market cap is 1.21 times its annual earnings
4.55x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $9.28 Billion | $18.98 Billion | $1.83 Billion | 0.49x | 5.06x |
| 2019 | $8.24 Billion | $25.43 Billion | $3.98 Billion | 0.32x | 2.07x |
| 2020 | $13.51 Billion | $29.15 Billion | $4.16 Billion | 0.46x | 3.25x |
| 2021 | $4.81 Billion | $31.24 Billion | $3.03 Billion | 0.15x | 1.59x |
| 2022 | $5.81 Billion | $28.34 Billion | $3.68 Billion | 0.21x | 1.58x |
| 2023 | $6.33 Billion | $27.75 Billion | $4.92 Billion | 0.23x | 1.29x |
| 2024 | $8.04 Billion | $28.40 Billion | $6.64 Billion | 0.28x | 1.21x |
Competitor Companies of TME by Market Capitalization
Companies near Tencent Music Entertainment Group in the global market cap rankings as of March 18, 2026.
Key companies related to Tencent Music Entertainment Group by market ranking:
- Alphabet Inc. Cl A (SN:GOOGL): Ranked #4 globally with a market cap of $3.55 Trillion USD.
- Alphabet Inc Class A (NASDAQ:GOOGL): Ranked #5 globally with a market cap of $3.31 Trillion USD.
- Meta Platforms Inc. (NASDAQ:META): Ranked #10 globally with a market cap of $1.37 Trillion USD.
- Tencent Holdings Ltd (PINK:TCTZF): Ranked #30 globally with a market cap of $376.09 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #4 | Alphabet Inc. Cl A | SN:GOOGL | $3.55 Trillion | $333.02 |
| #5 | Alphabet Inc Class A | NASDAQ:GOOGL | $3.31 Trillion | $305.56 |
| #10 | Meta Platforms Inc. | NASDAQ:META | $1.37 Trillion | $627.45 |
| #30 | Tencent Holdings Ltd | PINK:TCTZF | $376.09 Billion | $59.95 |
Tencent Music Entertainment Group Historical Marketcap From 2018 to 2026
Between 2018 and today, Tencent Music Entertainment Group's market cap moved from $9.28 Billion to $ 10.69 Billion, with a yearly change of 1.16%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $10.69 Billion | -13.92% |
| 2025 | $12.42 Billion | +54.45% |
| 2024 | $8.04 Billion | +27.12% |
| 2023 | $6.33 Billion | +8.82% |
| 2022 | $5.81 Billion | +20.88% |
| 2021 | $4.81 Billion | -64.40% |
| 2020 | $13.51 Billion | +63.88% |
| 2019 | $8.24 Billion | -11.19% |
| 2018 | $9.28 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Tencent Music Entertainment Group was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $10.69 Billion USD |
| MoneyControl | $10.69 Billion USD |
| MarketWatch | $10.69 Billion USD |
| marketcap.company | $10.69 Billion USD |
| Reuters | $10.69 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.