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Tencent Music Entertainment Group  (TME)
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TME Price to Tangible Book Ratio (Dec 31 2020) (Dec 31 2019)
Tangible Book Ratio Trailing 12 Months IV. Quarter IV. Quarter
Price to Tangible Book (TTM) Ratio current            9.66            10.82            -10.82            -10.82            -10.82
Tangible Book Value Y / Y Change 32.79 % 32.79 % 32.79 % 32.79 % 32.79 %
Stock performance to date 2.31 % -10.13 %

Price to Tangible Book ratio Comment
Despite shareprice increase of 2.31 %, from beginning of IV. Quarter Company's current Price to Tangible Book ratio has contracted due to Tangible Book Value growth of 0 %, to Price to Tangible Book ratio of 9.66, from average Price to Tangible Book ratio in IV. Quarter of 10.82.


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

Price to Tangible Book ratio Company Ranking
Within: No.
Industry #17
Sector #313
S&P 500 #3289




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