Tencent Music Entertainment TME
NYSE TME
$8.26 +0.05 (+0.61%)
At close: Sep 4, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TME) Price to Earnings (2018 - 2026)

Tencent Music Entertainment's (TME) quarterly Price to Earnings came in at 10.25 in Q2 2026, down 50.41% year-over-year from 20.68 in Q2 2025, and down 11.99% quarter-over-quarter from 11.65 in Q1 2026.

Analysis

Tencent Music Entertainment (TME) Price to Earnings (2018 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Price to Earnings across 9 years of filings, most recently posting 10.25 for Q2 2026.

  • In Q2 2026, Price to Earnings fell 50.41% year-over-year to 10.25; the TTM figure through Jun 2026 stood at 10.25 (down 50.41% YoY), while the FY2025 annual figure was 17.45, up 4.33% from the prior year.
  • Price to Earnings came in at 10.25 for Q2 2026 at Tencent Music Entertainment, down from 11.65 in the prior quarter.
  • In the past five years, Price to Earnings ranged from a high of 29.6 in Q2 2024 to a low of 10.25 in Q2 2026.
  • Average Price to Earnings over 5 years is 19.42, with a median of 19.44 recorded in 2022.
  • Year-over-year, Price to Earnings tumbled 65.0% in 2022 and soared 69.03% in 2024.
  • Over 5 years, Price to Earnings stood at 24.29 in 2022, then fell by 13.58% to 20.99 in 2023, then dropped by 13.13% to 18.24 in 2024, then decreased by 1.93% to 17.88 in 2025, then sank by 42.66% to 10.25 in 2026.
  • Per Business Quant data, the three most recent Price to Earnings figures were 10.25 in Q2 2026, 11.65 in Q1 2026, and 17.88 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

Historic Data

Download Data
DateValue
Jun 30, 2026 10.25
Mar 31, 2026 11.65
Dec 31, 2025 17.88
Sep 30, 2025 23.48
Jun 30, 2025 20.68
Mar 31, 2025 16.46
Dec 31, 2024 18.24
Sep 30, 2024 23.66
Jun 30, 2024 29.60
Mar 31, 2024 25.01
Dec 31, 2023 20.99
Sep 30, 2023 15.00
Jun 30, 2023 17.51
Mar 31, 2023 21.47
Dec 31, 2022 24.29
Sep 30, 2022 14.56
Jun 30, 2022 19.74
Mar 31, 2022 19.15
Dec 31, 2021 24.34
Sep 30, 2021 21.21