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Tencent Holdings Limited (TCEHY)
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Tencent Holdings Limited (TCEHY) PB Ratio: 3.34

Is Tencent Holdings Limited’s P/B ratio high or low?

Tencent Holdings Limited's P/B ratio of 3.34 is 15% below its 5-year average of 3.94, near the low end of its 5-year range (2.34–6.53).

19.05% below its 12-month average of 4.13.

TCEHY PB Ratio Chart

TCEHY PB Ratio
3.34-21.23% 1Y
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TCEHY Average PB Ratio Chart

TCEHY Current vs Average PB Ratio Chart

TCEHY PB Ratio Metrics

PB RATIO

3.34

PB RATIO AVG TTM

4.13

PB RATIO AVG 3Y

3.87

PB RATIO AVG 5Y

3.94

PB RATIO AVG 10Y

6.70

PB RATIO AVG 15Y

8.06

PB RATIO AVG 20Y

8.06

CURRENT VS TTM AVG

-19.05%

CURRENT VS 3Y AVG

-13.70%

CURRENT VS 5Y AVG

-15.14%

CURRENT VS 10Y AVG

-50.17%

CURRENT VS 15Y AVG

-58.55%

CURRENT VS 20Y AVG

-58.55%

TCEHY Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Tencent Holdings Limited (TCEHY)$534.75B3.344.133.873.94
Netflix, Inc. (NFLX)$340.48B11.3217.3914.6513.02
T-Mobile US, Inc. (TMUS)$202.64B3.664.043.683.18
Verizon Communications Inc. (VZ)$199.15B1.911.801.762.02
The Walt Disney Company (DIS)$171.33B1.611.831.812.12
AT&T Inc. (T)$161.27B1.491.771.501.31
Spotify Technology S.A. (SPOT)$100.54B11.3714.8816.4514.55
Comcast Corporation (CMCSA)$85.68B0.981.181.681.89
Electronic Arts Inc. (EA)$50.92B7.607.835.975.48
Reddit, Inc. (RDDT)$32.03B10.6613.9411.1411.14

P/B vs. its own history

At 3.34, P/B is cheaper than usual, sitting higher than 5% of its 14-year history.

14-year low

2.34

median

8.47

14-year high

15.96

cheaperricher

Book Value Analysis

P/B Ratio

3.34

Market Price / Book Value per Share

Tencent Holdings Limited PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Tencent Holdings Limited PB Ratio FAQ

What is the P/B ratio for Tencent Holdings Limited (TCEHY)?
The P/B ratio for TCEHY stock is 3.34.
Is Tencent Holdings Limited's P/B ratio high or low?
Tencent Holdings Limited's P/B ratio of 3.34 is 15% below its 5-year average of 3.94, near the low end of its 5-year range (2.34–6.53).
What is the TTM average P/B ratio for Tencent Holdings Limited (TCEHY)?
The TTM average P/B ratio for TCEHY stock is 4.13.
What is the 3Y average P/B ratio for Tencent Holdings Limited (TCEHY)?
The 3Y average P/B ratio for TCEHY stock is 3.87.
What is the 5Y average P/B ratio for Tencent Holdings Limited (TCEHY)?
The 5Y average P/B ratio for TCEHY stock is 3.94.
What is the 10Y average P/B ratio for Tencent Holdings Limited (TCEHY)?
The 10Y average P/B ratio for TCEHY stock is 6.70.
What is the 15Y average P/B ratio for Tencent Holdings Limited (TCEHY)?
The 15Y average P/B ratio for TCEHY stock is 8.06.
What is the 20Y average P/B ratio for Tencent Holdings Limited (TCEHY)?
The 20Y average P/B ratio for TCEHY stock is 8.06.

Tencent Holdings Limited PB Ratio History

DATEPB RATIO
2026-06-113.34
2026-06-103.33
2026-06-093.25
2026-06-083.19
2026-06-053.21
2026-06-043.28
2026-06-033.27
2026-06-023.40
2026-06-013.12
2026-05-293.08
2026-05-283.08
2026-05-273.13
2026-05-263.16
2026-05-223.16
2026-05-213.20
2026-05-203.30
2026-05-193.30
2026-05-183.24
2026-05-153.30
2026-05-143.32
2026-05-133.44
2026-05-123.28
2026-05-113.35
2026-05-083.37
2026-05-073.42
2026-05-063.43
2026-05-053.40
2026-05-043.40
2026-05-013.45
2026-04-303.44
2026-04-293.40
2026-04-283.41
2026-04-273.44
2026-04-243.53
2026-04-233.50
2026-04-223.63
2026-04-213.67
2026-04-203.76
2026-04-173.76
2026-04-163.71
2026-04-153.62
2026-04-143.59
2026-04-133.58
2026-04-103.60
2026-04-093.65
2026-04-083.65
2026-04-073.52
2026-04-063.52
2026-04-023.51
2026-04-013.58
2026-03-313.56
2026-03-303.44
2026-03-273.50
2026-03-263.53
2026-03-253.62
2026-03-243.66
2026-03-233.63
2026-03-203.57
2026-03-193.65
2026-03-183.71
2026-03-173.89
2026-03-164.04
2026-03-133.93
2026-03-123.89
2026-03-114.00
2026-03-104.16
2026-03-093.77
2026-03-063.68
2026-03-053.60
2026-03-043.66
2026-03-033.62
2026-03-023.69
2026-02-273.69
2026-02-263.69
2026-02-253.76
2026-02-243.77
2026-02-233.82
2026-02-203.82
2026-02-193.83
2026-02-183.84
2026-02-173.82
2026-02-133.84
2026-02-123.79
2026-02-113.91
2026-02-103.97
2026-02-094.04
2026-02-064.02
2026-02-053.93
2026-02-043.97
2026-02-034.15
2026-02-024.29
2026-01-304.30
2026-01-294.46
2026-01-284.42
2026-01-274.39
2026-01-264.33
2026-01-234.31
2026-01-224.29
2026-01-214.33
2026-01-204.28
2026-01-164.42
2026-01-154.51
2026-01-144.56
2026-01-134.50
2026-01-124.63
2026-01-094.44
2026-01-084.44
2026-01-074.48
2026-01-064.55
2026-01-054.56
2026-01-024.53
2025-12-314.30
2025-12-304.33
2025-12-294.32
2025-12-264.38
2025-12-244.34
2025-12-234.35
2025-12-224.43
2025-12-194.42
2025-12-184.35
2025-12-174.29
2025-12-164.32
2025-12-154.33
2025-12-124.36
2025-12-114.35
2025-12-104.34
2025-12-094.34
2025-12-084.36
2025-12-054.38
2025-12-044.38
2025-12-034.40
2025-12-024.44
2025-12-014.48
2025-11-284.43
2025-11-264.43
2025-11-254.49
2025-11-244.53
2025-11-214.43
2025-11-204.36
2025-11-194.46
2025-11-184.50
2025-11-174.54
2025-11-144.59
2025-11-134.67
2025-11-124.71
2025-11-114.70
2025-11-104.69
2025-11-074.57
2025-11-064.62
2025-11-054.56
2025-11-044.50
2025-11-034.52
2025-10-314.56
2025-10-304.68
2025-10-294.73
2025-10-284.70
2025-10-274.75
2025-10-244.61
2025-10-234.59
2025-10-224.48
2025-10-214.53
2025-10-204.58
2025-10-174.50
2025-10-164.47
2025-10-154.50
2025-10-144.50
2025-10-134.58
2025-10-104.48
2025-10-094.79
2025-10-084.87
2025-10-074.83
2025-10-064.90
2025-10-034.85
2025-10-024.85
2025-10-014.81
2025-09-304.77
2025-09-294.77
2025-09-264.96
2025-09-254.95
2025-09-244.92
2025-09-234.85
2025-09-224.92
2025-09-194.90
2025-09-184.91
2025-09-175.06
2025-09-164.98
2025-09-154.93
2025-09-124.89
2025-09-114.88
2025-09-104.79
2025-09-094.82
2025-09-084.72
2025-09-054.62
2025-09-044.53
2025-09-034.58
2025-09-024.59
2025-08-294.61
2025-08-284.57
2025-08-274.53
2025-08-264.65
2025-08-254.65
2025-08-224.63
2025-08-214.55
2025-08-204.50
2025-08-194.49
2025-08-184.46
2025-08-154.49
2025-08-144.45
2025-08-134.58
2025-08-124.27
2025-08-114.23
2025-08-084.26
2025-08-074.28
2025-08-064.36
2025-08-054.25
2025-08-044.17
2025-08-014.04
2025-07-314.17
2025-07-304.13
2025-07-294.17
2025-07-284.17
2025-07-254.17
2025-07-244.19
2025-07-234.18
2025-07-224.02
2025-07-213.96
2025-07-183.93
2025-07-173.94
2025-07-163.94
2025-07-153.92
2025-07-143.78
2025-07-113.75
2025-07-103.76
2025-07-093.77
2025-07-083.80
2025-07-073.79
2025-07-033.78
2025-07-023.79
2025-07-013.83
2025-06-303.83
2025-06-274.20
2025-06-264.21
2025-06-254.20
2025-06-244.25
2025-06-234.17
2025-06-204.14
2025-06-184.18
2025-06-174.21
2025-06-164.19
2025-06-134.19
2025-06-124.24
2025-06-114.24
2025-06-104.25
2025-06-094.27
2025-06-064.27
2025-06-054.25
2025-06-044.25
2025-06-034.15
2025-06-024.15
2025-05-304.06

Showing the most recent 260 of 3,570 data points. The chart above shows the full history.

About Tencent Holdings Limited

Tencent Holdings Limited is an investment holding company that specializes in providing a wide array of value-added services (VAS) and online advertising solutions, operating both within Mainland China and across international markets. The company's diverse business operations are structured into several key segments: Value-Added Services (VAS), Online Advertising, FinTech and Business Services, and other various ventures. Tencent's offerings encompass popular online games, extensive social networking platforms, cutting-edge FinTech and cloud computing solutions, and comprehensive digital advertising services. Beyond these core areas, the company is also actively involved in the production, investment, and distribution of films and television programs for external clients, alongside managing copyright licensing, merchandise sales, and related activities. Further expanding its technological and entertainment footprint, Tencent develops proprietary software, operates its significant online gaming portfolio, and delivers services in information technology, system integration, and asset management. Its cultural ventures extend to online literature and digital music entertainment platforms. Established in 1998, Tencent Holdings maintains its headquarters in Shenzhen, People's Republic of China.

Shenzhen
110,558 employees
Communication Services / Internet Content & Information
Sector
Communication Services
Industry
Internet Content & Information
CEO
Huateng Ma