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Tencent Music Entertainment Group  (TME)
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TME Price to Book Ratio (Dec 31 2020) (Dec 31 2019)
Book Value Trailing 12 Months IV. Quarter IV. Quarter
Price to Book (TTM) Ratio current            6.46            6.57            -6.57            -6.57            -6.57
Book Value Y / Y Change 6.57 % 6.57 % 6.57 % 6.57 % 6.57 %
Stock performance to date 2.31 % -10.13 %

Price to Book ratio Comment
Despite shareprice increase of 2.31 %, from beginning of IV. Quarter Tencent Music Entertainment Group's current Price to Book ratio has contracted due to Book Value growth of 0 %, to Price to Book ratio of 6.46, from average Price to Book ratio in the IV. Quarter of 6.57.


What is Price to Book Ratio?
Valuation in Broadcasting Media & Cable TV Industry

Price to Book ratio Company Ranking
Within: No.
Industry #37
Sector #439
S&P 500 #3686




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