Tencent
TCEHY
#16
Rank
NZ$872.54 B
Marketcap
$95.35
Share price
-0.15%
Change (1 day)
58.67%
Change (1 year)
Tencent Holdings Ltd. is a Chinese tech company that provides messaging services, social networks on the Internet, online media, Internet value-added services, multiplayer online games (MMO, MMORPG), e-commerce and online advertising.The company is behind WeChat and QQ.

P/E ratio for Tencent (TCEHY)

P/E ratio as of December 2024 (TTM): 18.1

According to Tencent's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0894. At the end of 2022 the company had a P/E ratio of 14.7.

P/E ratio history for Tencent from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.7-7.8%
202115.9-45.15%
202029.0-13.6%
201933.67.07%
201831.4-31.32%
201745.723.87%
201636.9-7.62%
201540.014.6%
201434.9-25.24%
201346.658.13%
201229.527.86%
201123.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.2 0.56%๐Ÿ‡จ๐Ÿ‡ณ China
14.7-18.88%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2 44.76%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5 2.15%๐Ÿ‡จ๐Ÿ‡ณ China

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.