Tencent
TCEHY
$46.80
Share price
-1.29%
Change (1 day)
8.26%
Change (1 year)
Categories
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.
Tencent (TCEHY) - P/B ratio
P/B ratio as of May 2024 : 3.85
According to Tencent's latest financial reports the company has a price-to-book ratio of 3.85.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Tencent - P/B ratio (from 2010 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.09 | -13.3% |
| 2022-12-31 | 3.57 | -12.76% |
| 2021-12-31 | 4.09 | -30.26% |
| 2020-12-31 | 5.87 | -10.89% |
| 2019-12-31 | 6.58 | -10.66% |
| 2018-12-31 | 7.37 | -36.38% |
| 2017-12-31 | 11.6 | 35.07% |
| 2016-12-31 | 8.58 | -12.67% |
| 2015-12-31 | 9.82 | -4.17% |
| 2014-12-31 | 10.2 | -16.65% |
| 2013-12-31 | 12.3 | 39.59% |
| 2012-12-31 | 8.81 | 464.84% |
| 2011-12-31 | 1.56 | -53.82% |
| 2010-12-31 | 3.38 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 PayPal PYPL | 3.32 | -13.89% | 🇺🇸 USA |
 Alibaba BABA | 1.23 | -68.10% | 🇨🇳 China |
 Jingdong Mall JD | 1.19 | -68.99% | 🇨🇳 China |