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Tencent Holdings (Tencent Holdings) PB Ratio

: 3.21 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-16), Tencent Holdings's share price is $38.38. Tencent Holdings's Book Value per Share for the quarter that ended in Sep. 2023 was $11.94. Hence, Tencent Holdings's PB Ratio of today is 3.21.

Good Sign:

Tencent Holdings Ltd stock PB Ratio (=3.26) is close to 1-year low of 3.12

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

TCEHY' s PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 8.22   Max: 14.63
Current: 3.25

During the past 13 years, Tencent Holdings's highest PB Ratio was 14.63. The lowest was 2.16. And the median was 8.22.

TCEHY's PB Ratio is ranked worse than
71.38% of 538 companies
in the Interactive Media industry
Industry Median: 1.845 vs TCEHY: 3.25

During the past 12 months, Tencent Holdings's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 30.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tencent Holdings was 99.10% per year. The lowest was 2.40% per year. And the median was 40.50% per year.

Back to Basics: PB Ratio


Tencent Holdings PB Ratio Historical Data

The historical data trend for Tencent Holdings's PB 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.43 6.41 4.43 3.92 3.16

Tencent Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 3.92 4.14 3.74 3.50 3.16

Competitive Comparison

For the Internet Content & Information subindustry, Tencent Holdings's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution

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

* The bar in red indicates where Tencent Holdings's PB Ratio falls into.



Tencent Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tencent Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=38.38/11.942
=3.21

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Tencent Holdings  (OTCPK:TCEHY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Tencent Holdings PB Ratio Related Terms

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Tencent Holdings (Tencent Holdings) Business Description

Address
No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.