Tencent Music Entertainment Group (MEX:TMEN) ROE % Adjusted to Book Value: 8.11% (As of Mar. 2026)


MEX:TMEN Tencent Music Entertainment Group MEX:TMEN
78 GF Score
Price MXN145.80
GF Value MXN270.92
Valuation Significantly Undervalued
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What is Tencent Music Entertainment Group ROE % Adjusted to Book Value?

Tencent Music Entertainment Group MEX:TMEN -4.08% 78 ROE % Adjusted to Book Value is 8.11% as of Mar. 2026. GuruFocus rates MEX:TMEN with a GF Score™ of 78/100 and a GF Value™ of MXN270.92 (Significantly Undervalued).

Tencent Music Entertainment Group's ROE % for the quarter that ended in Mar. 2026 was 10.95%. Tencent Music Entertainment Group's PB Ratio for the quarter that ended in Mar. 2026 was 1.35. Tencent Music Entertainment Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.11%.


Tencent Music Entertainment Group ROE % Adjusted to Book Value Related Terms


Tencent Music Entertainment Group ROE % Adjusted to Book Value Historical Data

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The historical data trend for Tencent Music Entertainment Group's ROE % Adjusted to Book Value 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.

Tencent Music Entertainment Group ROE % Adjusted to Book Value Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 3.38 6.29 6.12 5.68

Tencent Music Entertainment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 11.39 4.84 3.13 4.33 8.11

MEX:TMEN vs PINS, SNAP, MTCH: ROE % Adjusted to Book Value Comparison

For the Internet Content & Information subindustry, Tencent Music Entertainment Group's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 Music Entertainment Group ROE % Adjusted to Book Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tencent Music Entertainment Group's ROE % Adjusted to Book Value falls into.


MEX:TMEN
78GF Score
Tencent Music Entertainment Group MEX:TMEN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tencent Music Entertainment Group ROE % Adjusted to Book Value Calculation

Tencent Music Entertainment Group's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.14% / 2.49
=5.68%

Tencent Music Entertainment Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.95% / 1.35
=8.11%

* 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.

What does a ROE % Adjusted to Book Value of 8.11% mean?
Tencent Music Entertainment Group (MEX:TMEN) has a ROE % Adjusted to Book Value of 8.11% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tencent Music Entertainment Group and its competitors.
Is Tencent Music Entertainment Group's ROE % Adjusted to Book Value too high?
Tencent Music Entertainment Group's current ROE % Adjusted to Book Value is 8.11%. Overall, Tencent Music Entertainment Group has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's ROE % Adjusted to Book Value compare to PINS and SNAP?
Tencent Music Entertainment Group's ROE % Adjusted to Book Value of 8.11% can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Interactive Media company?
A good ROE % Adjusted to Book Value depends on the Interactive Media industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tencent Music Entertainment Group and its competitors. Tencent Music Entertainment Group's current ROE % Adjusted to Book Value is 8.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (MEX:TMEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN270.92, compared to a current price of MXN145.80 — trading 46.2% below its estimated fair value. The current ROE % Adjusted to Book Value is 8.11%. Tencent Music Entertainment Group's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current ROE % Adjusted to Book Value is 8.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tencent Music Entertainment Group (MEX:TMEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued. The current stock price of MXN145.80 is trading 46.2% below its estimated GF Value™ of MXN270.92. GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.

Key valuation signals for MEX:TMEN:

  • ROE % Adjusted to Book Value: 8.11%
  • GF Value™: MXN270.92 vs. price of MXN145.80 (46.2% below fair value)
  • GF Score™: 78/100

No single metric tells the full story. See the MEX:TMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tencent Music Entertainment Group Business Description

Address Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
78GF Score

Get the complete analysis for MEX:TMEN

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN145.80
Price
MXN270.92
GF Value