Historical Valuation
Tencent Music Entertainment Group (TME) is now in the Fair zone, suggesting that its current forward PE ratio of 18.88 is considered Fairly compared with the five-year average of 20.47. The fair price of Tencent Music Entertainment Group (TME) is between 12.88 to 31.33 according to relative valuation methord.
Relative Value
Fair Zone
12.88-31.33
Current Price：17.18
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Tencent Music Entertainment Group (TME) has a current Price-to-Book (P/B) ratio of 1.17. Compared to its 3-year average P/B ratio of 2.05 , the current P/B ratio is approximately -43.01% higher. Relative to its 5-year average P/B ratio of 2.06, the current P/B ratio is about -43.37% higher. Tencent Music Entertainment Group (TME) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 6.72%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 7.06% , the current FCF yield is about -100.00% lower.
P/B
Median3y
2.05
Median5y
2.06
FCF Yield
Median3y
6.72
Median5y
7.06
Competitors Valuation Multiple
AI Analysis for TME
The average P/S ratio for TME competitors is 31.58, providing a benchmark for relative valuation. Tencent Music Entertainment Group Corp (TME.N) exhibits a P/S ratio of , which is -100% above the industry average. Given its robust revenue growth of 20.64%, this premium appears sustainable.
Performance Decomposition
AI Analysis for TME
1Y
3Y
5Y
Market capitalization of TME increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of TME in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is TME currently overvalued or undervalued?
Tencent Music Entertainment Group (TME) is now in the Fair zone, suggesting that its current forward PE ratio of 18.88 is considered Fairly compared with the five-year average of 20.47. The fair price of Tencent Music Entertainment Group (TME) is between 12.88 to 31.33 according to relative valuation methord.
What is Tencent Music Entertainment Group (TME) fair value?
TME's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Tencent Music Entertainment Group (TME) is between 12.88 to 31.33 according to relative valuation methord.
How does TME's valuation metrics compare to the industry average?
The average P/S ratio for TME's competitors is 31.58, providing a benchmark for relative valuation. Tencent Music Entertainment Group Corp (TME) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 20.64%, this premium appears sustainable.
What is the current P/B ratio for Tencent Music Entertainment Group (TME) as of Jan 09 2026?
As of Jan 09 2026, Tencent Music Entertainment Group (TME) has a P/B ratio of 1.17. This indicates that the market values TME at 1.17 times its book value.
What is the current FCF Yield for Tencent Music Entertainment Group (TME) as of Jan 09 2026?
As of Jan 09 2026, Tencent Music Entertainment Group (TME) has a FCF Yield of 0.00%. This means that for every dollar of Tencent Music Entertainment Group’s market capitalization, the company generates 0.00 cents in free cash flow.
What is the current Forward P/E ratio for Tencent Music Entertainment Group (TME) as of Jan 09 2026?
As of Jan 09 2026, Tencent Music Entertainment Group (TME) has a Forward P/E ratio of 18.88. This means the market is willing to pay $18.88 for every dollar of Tencent Music Entertainment Group’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Tencent Music Entertainment Group (TME) as of Jan 09 2026?
As of Jan 09 2026, Tencent Music Entertainment Group (TME) has a Forward P/S ratio of 0.00. This means the market is valuing TME at $0.00 for every dollar of expected revenue over the next 12 months.