Tencent Music Entertainment (TME) Price to Sales (2018 - 2022)

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.