Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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