Tencent Music Entertainment (TME) Price to Book (2018 - 2026)
Tencent Music Entertainment's (TME) quarterly Price to Book came in at 1.1 in Q2 2026, down 56.07% year-over-year from 2.5 in Q2 2025, and down 15.8% quarter-over-quarter from 1.31 in Q1 2026.
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Tencent Music Entertainment (TME) Price to Book (2018 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Price to Book across 9 years of filings, most recently posting 1.1 for Q2 2026.
- In Q2 2026, Price to Book fell 56.07% year-over-year to 1.1; the TTM figure through Jun 2026 stood at 1.1 (down 56.07% YoY), while the FY2025 annual figure was 2.32, up 26.23% from the prior year.
- Price to Book came in at 1.1 for Q2 2026 at Tencent Music Entertainment, down from 1.31 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 3.01 in Q3 2025 to a low of 0.99 in Q3 2022.
- Average Price to Book over 5 years is 1.83, with a median of 1.81 recorded in 2024.
- Year-over-year, Price to Book plunged 75.3% in 2022 and soared 77.84% in 2024.
- Over 5 years, Price to Book stood at 1.92 in 2022, then advanced by 1.35% to 1.95 in 2023, then slipped by 6.94% to 1.81 in 2024, then surged by 30.1% to 2.36 in 2025, then plunged by 53.32% to 1.1 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 1.1 in Q2 2026, 1.31 in Q1 2026, and 2.36 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 |
| Mar 31, 2026 | 1.31 |
| Dec 31, 2025 | 2.36 |
| Sep 30, 2025 | 3.01 |
| Jun 30, 2025 | 2.50 |
| Mar 31, 2025 | 2.15 |
| Dec 31, 2024 | 1.81 |
| Jun 30, 2024 | 2.79 |
| Mar 31, 2024 | 2.28 |
| Dec 31, 2023 | 1.95 |
| Sep 30, 2023 | 1.35 |
| Jun 30, 2023 | 1.57 |
| Mar 31, 2023 | 1.75 |
| Dec 31, 2022 | 1.92 |
| Sep 30, 2022 | 0.99 |
| Jun 30, 2022 | 1.16 |
| Mar 31, 2022 | 1.04 |
| Dec 31, 2021 | 1.42 |
| Sep 30, 2021 | 1.53 |
| Jun 30, 2021 | 3.16 |