Tencent Music (TME) - Market capitalization

Market cap: A$30.12 Billion

As of November 2024 Tencent Music has a market cap of A$30.12 Billion. This makes Tencent Music the world's 1002th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Tencent Music from 2018 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	A$30.12 B	32.7%
2023	A$22.70 B	5.83%
2022	A$21.45 B	34.13%
2021	A$15.99 B	-61.9%
2020	A$41.97 B	49.22%
2019	A$28.12 B	-8.21%
2018	A$30.64 B

End of Day market cap according to different sources

On Nov 12th, 2024 the market cap of Tencent Music was reported to be:

A$28.32 Billion

by Yahoo Finance

A$28.32 Billion

by CompaniesMarketCap

A$28.69 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Perion Network PERI	A$0.65 B	-97.82%	🇮🇱 Israel

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Tencent Music (TME)

Market cap: A$30.12 Billion