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Tencent Holdings (MEX:TENCH N) Cyclically Adjusted PS Ratio : 12.43 (As of Jun. 30, 2025)


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What is Tencent Holdings Cyclically Adjusted PS Ratio?

As of today (2025-06-30), Tencent Holdings's current share price is MXN1250.34. Tencent Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN100.62. Tencent Holdings's Cyclically Adjusted PS Ratio for today is 12.43.

The historical rank and industry rank for Tencent Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:TENCH N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.27   Med: 14.5   Max: 28.87
Current: 9.92

During the past years, Tencent Holdings's highest Cyclically Adjusted PS Ratio was 28.87. The lowest was 5.27. And the median was 14.50.

MEX:TENCH N's Cyclically Adjusted PS Ratio is ranked worse than
89.68% of 281 companies
in the Interactive Media industry
Industry Median: 1.72 vs MEX:TENCH N: 9.92

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tencent Holdings's adjusted revenue per share data for the three months ended in Mar. 2025 was MXN54.858. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN100.62 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tencent Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tencent Holdings's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tencent Holdings Cyclically Adjusted PS Ratio Chart

Tencent Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.59 13.54 8.43 6.75 8.42

Tencent Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.72 8.00 9.15 8.42 9.61

Competitive Comparison of Tencent Holdings's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Tencent Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tencent Holdings's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tencent Holdings's Cyclically Adjusted PS Ratio falls into.


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Tencent Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Tencent Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1250.34/100.62
=12.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tencent Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tencent Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=54.858/115.1156*115.1156
=54.858

Current CPI (Mar. 2025) = 115.1156.

Tencent Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 6.306 99.500 7.296
201509 7.510 100.500 8.602
201512 8.580 100.600 9.818
201603 8.945 102.200 10.075
201606 10.567 101.400 11.996
201609 12.332 102.400 13.863
201612 13.731 102.600 15.406
201703 14.228 103.200 15.871
201706 15.784 103.100 17.624
201709 18.886 104.100 20.884
201712 20.687 104.500 22.788
201803 22.109 105.300 24.170
201806 23.415 104.900 25.695
201809 23.001 106.600 24.838
201812 25.301 106.500 27.348
201903 25.815 107.700 27.592
201906 25.828 107.700 27.606
201909 28.162 109.800 29.525
201912 29.415 111.200 30.451
202003 37.581 112.300 38.523
202006 38.933 110.400 40.596
202009 42.162 111.700 43.451
202012 41.901 111.500 43.260
202103 43.851 112.662 44.806
202106 44.183 111.769 45.506
202109 46.860 112.215 48.071
202112 48.541 113.108 49.403
202203 43.879 114.335 44.179
202206 41.628 114.558 41.831
202209 41.481 115.339 41.401
202212 41.993 115.116 41.993
202303 40.626 115.116 40.626
202306 37.111 114.558 37.292
202309 38.456 115.339 38.382
202312 38.392 114.781 38.504
202403 38.758 115.227 38.720
202406 43.077 114.781 43.203
202409 49.706 115.785 49.419
202412 52.506 114.893 52.608
202503 54.858 115.116 54.858

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Tencent Holdings  (MEX:TENCH N) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Tencent Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Tencent Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tencent Holdings Business Description

Address
No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Tencent holds a prominent position in China's internet sector, with a diverse portfolio of products and services used daily by a significant portion of the population. The company is the world's largest video game publisher and owns Honor of Kings, a top-grossing mobile game globally. Tencent also operates WeChat, China's largest social media super app. WeChat is deeply integrated into the daily lives of Chinese people for communication, entertainment, shopping, and more. Beyond its offerings, Tencent is a significant player in global venture capital and investment. The company holds substantial stakes in leading companies including PDD, Kuaishou, and Epic Games.

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