P/E ratio for Tencent (TCEHY)
P/E ratio as of June 2025 (TTM): 22.2
According to Tencent's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1887. At the end of 2024 the company had a P/E ratio of 18.6.
P/E ratio history for Tencent from 2011 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 18.6 | -15.36% |
| 2023 | 21.9 | 48.24% |
| 2022 | 14.8 | -7.5% |
| 2021 | 16.0 | -42.44% |
| 2020 | 27.8 | -19.41% |
| 2019 | 34.5 | 5.72% |
| 2018 | 32.6 | -26.68% |
| 2017 | 44.5 | 15.86% |
| 2016 | 38.4 | -5.63% |
| 2015 | 40.7 | 16.96% |
| 2014 | 34.8 | -24.43% |
| 2013 | 46.0 | 52.96% |
| 2012 | 30.1 | 33.28% |
| 2011 | 22.6 | -31.9% |
| 2010 | 33.1 | -37.67% |
| 2009 | 53.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alibaba BABA | 15.9 | -28.25% | 🇨🇳 China |
 Meta (Facebook) FB | 14.7 | -33.86% | 🇺🇸 USA |
 PayPal PYPL | 15.2 | -31.48% | 🇺🇸 USA |
 Jingdong Mall JD | 7.62 | -65.68% | 🇨🇳 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.