Tencent Music Entertainment Group

NYSE TME

Tencent Music Entertainment Group Price to Sales Ratio (P/S) on December 30, 2024: 4.92

Tencent Music Entertainment Group Price to Sales Ratio (P/S) is 4.92 on December 30, 2024, a 27.34% change year over year. Price to sales ratio compares the stock price to the sales per share; higher suggests positive sentiment for future revenue growth.
  • Tencent Music Entertainment Group 52-week high Price to Sales Ratio (P/S) is 6.59 on May 16, 2024, which is 33.99% above the current Price to Sales Ratio (P/S).
  • Tencent Music Entertainment Group 52-week low Price to Sales Ratio (P/S) is 3.61 on January 22, 2024, which is -26.61% below the current Price to Sales Ratio (P/S).
  • Tencent Music Entertainment Group average Price to Sales Ratio (P/S) for the last 52 weeks is 5.12.
Key data
Date Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield
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NYSE: TME

Tencent Music Entertainment Group

CEO Mr. Zhu Liang
IPO Date Dec. 12, 2018
Location China
Headquarters Building D
Employees 5,185
Sector Communication Services
Industries
Description

Tencent Music Entertainment Group operates online music entertainment platforms to provide 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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

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StockViz Staff

January 15, 2025

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