Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
P/B ratio for Tencent Holdings Limited (TCEHY)
P/B ratio as of 2023: 3.22
According to Tencent Holdings Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.22. At the end of 2022 the company had a P/B ratio of 3.86.
P/B ratio history for Tencent Holdings Limited from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.22 |
| 2022 | 3.86 |
| 2021 | 4.38 |
| 2020 | 6.32 |
| 2019 | 7.31 |
| 2018 | 7.92 |
| 2017 | 13.03 |
| 2016 | 9.03 |
| 2015 | 9.86 |
| 2014 | 10.38 |
| 2013 | 12.32 |
| 2012 | 9.01 |
| 2011 | 8.12 |
| 2010 | 12.10 |
| 2009 | 21.92 |
| 2008 | 11.42 |
| 2007 | 18.06 |
| 2006 | 26.67 |
| 2005 | 35.16 |
| 2004 | 34.18 |
| 2003 | 166.73 |