Tencent Music Entertainment (TCMEF) Price to Sales (2018 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly Price to Sales came in at 1.84 in Q2 2022, down 68.57% year-over-year from 5.84 in Q2 2021, and up 2.8% quarter-over-quarter from 1.79 in Q1 2022.
Analysis
Tencent Music Entertainment (TCMEF) Price to Sales (2018 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Price to Sales across 4 years of filings, most recently posting 1.84 for Q2 2022.
- In Q2 2022, Price to Sales fell 68.57% year-over-year to 1.84; the TTM figure through Jun 2022 stood at 1.84 (down 68.57% YoY), while the FY2025 annual figure was 5.95, up 33.77% from the prior year.
- Price to Sales came in at 1.84 for Q2 2022 at Tencent Music Entertainment, up from 1.79 in the prior quarter.
- In the past five years, Price to Sales ranged from a high of 9.62 in Q1 2019 to a low of 1.79 in Q1 2022.
- Average Price to Sales over 4 years is 6.0, with a median of 6.13 recorded in 2019.
- Year-over-year, Price to Sales slumped 30.31% in 2019 and slumped 78.9% in 2022.
- Over 4 years, Price to Sales stood at 7.53 in 2018, then tumbled by 30.31% to 5.25 in 2019, then rose by 11.24% to 5.84 in 2021, then plunged by 68.57% to 1.84 in 2022.
- Per Business Quant data, the three most recent Price to Sales figures were 1.84 in Q2 2022, 1.79 in Q1 2022, and 5.84 in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.80 Bn | 311.67 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.48 Bn | 98.57 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 471.23 Mn | 110.97 Mn | 37.58 Mn |
| 5 | iQIYI | 404.25 Mn | -66.65 Mn | 152.37 Mn |
| 6 | FuboTV | 315.50 Mn | -136.91 Mn | 399.10 Mn |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.19 Mn | 105.79 Mn | 16.93 Mn |
| 9 | LiveOne | 53.37 Mn | 44.71 Mn | 3.94 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 1.84 |
| Mar 31, 2022 | 1.79 |
| Jun 30, 2021 | 5.84 |
| Mar 31, 2021 | 8.46 |
| Dec 31, 2019 | 5.25 |
| Sep 30, 2019 | 6.13 |
| Jun 30, 2019 | 7.59 |
| Mar 31, 2019 | 9.62 |
| Dec 31, 2018 | 7.53 |