Tencent Holdings Limited logo
Tencent Holdings Limited (TCEHY)
Compare

Tencent Holdings Limited (TCEHY) EV/Sales Ratio: 5.25x

Is Tencent Holdings Limited’s EV/Sales ratio high or low?

Tencent Holdings Limited's EV/Sales ratio of 5.25x is 12% below its 5-year average of 5.98x, near the low end of its 5-year range (3.32x–10.24x).

As of Thursday, June 11, 2026. 23.10% below its 12-month average of 6.83x.

TCEHY EV/Sales Ratio Chart

TCEHY EV/Sales Ratio
5.25x-21.99% 1Y
Zoom

TCEHY Average EV/Sales Ratio Chart

TCEHY Current vs Average EV/Sales Ratio Chart

TCEHY EV/Sales Ratio Metrics

EV/SALES RATIO

5.25x

EV/SALES RATIO AVG TTM

6.83x

EV/SALES RATIO AVG 3Y

5.94x

EV/SALES RATIO AVG 5Y

5.98x

EV/SALES RATIO AVG 10Y

8.55x

EV/SALES RATIO AVG 15Y

9.45x

EV/SALES RATIO AVG 20Y

9.45x

CURRENT VS TTM AVG

-23.10%

CURRENT VS 3Y AVG

-11.58%

CURRENT VS 5Y AVG

-12.25%

CURRENT VS 10Y AVG

-38.60%

CURRENT VS 15Y AVG

-44.44%

CURRENT VS 20Y AVG

-44.44%

TCEHY Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Tencent Holdings Limited (TCEHY)$534.75B5.25x6.83x5.94x5.98x
Netflix, Inc. (NFLX)$340.48B7.63x10.63x9.30x8.08x
T-Mobile US, Inc. (TMUS)$202.64B3.52x4.14x4.15x3.87x
Verizon Communications Inc. (VZ)$199.15B2.77x2.60x2.54x2.62x
The Walt Disney Company (DIS)$171.33B2.23x2.50x2.46x3.00x
AT&T Inc. (T)$161.27B2.49x2.69x2.47x2.39x
Spotify Technology S.A. (SPOT)$100.54B4.86x6.43x5.00x4.05x
Comcast Corporation (CMCSA)$85.68B1.37x1.64x1.97x2.19x
Electronic Arts Inc. (EA)$50.92B6.64x6.54x5.45x5.45x
Reddit, Inc. (RDDT)$32.03B13.16x18.98x16.86x16.86x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Tencent Holdings Limited EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Tencent Holdings Limited EV/Sales Ratio FAQ

What is the EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The EV/Sales ratio for TCEHY stock is 5.25x.
Is Tencent Holdings Limited's EV/Sales ratio high or low?
Tencent Holdings Limited's EV/Sales ratio of 5.25x is 12% below its 5-year average of 5.98x, near the low end of its 5-year range (3.32x–10.24x).
What is the TTM average EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The TTM average EV/Sales ratio for TCEHY stock is 6.83x.
What is the 3Y average EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The 3Y average EV/Sales ratio for TCEHY stock is 5.94x.
What is the 5Y average EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The 5Y average EV/Sales ratio for TCEHY stock is 5.98x.
What is the 10Y average EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The 10Y average EV/Sales ratio for TCEHY stock is 8.55x.
What is the 15Y average EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The 15Y average EV/Sales ratio for TCEHY stock is 9.45x.
What is the 20Y average EV/Sales ratio for Tencent Holdings Limited (TCEHY)?
The 20Y average EV/Sales ratio for TCEHY stock is 9.45x.

Tencent Holdings Limited EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-115.25x
2026-06-105.25x
2026-06-095.12x
2026-06-085.03x
2026-06-055.06x
2026-06-045.16x
2026-06-035.16x
2026-06-025.35x
2026-06-014.92x
2026-05-294.86x
2026-05-284.86x
2026-05-274.94x
2026-05-264.99x
2026-05-224.98x
2026-05-215.05x
2026-05-205.20x
2026-05-195.20x
2026-05-185.10x
2026-05-155.20x
2026-05-145.22x
2026-05-135.41x
2026-05-125.17x
2026-05-115.27x
2026-05-085.30x
2026-05-075.37x
2026-05-065.39x
2026-05-055.35x
2026-05-045.35x
2026-05-015.42x
2026-04-305.40x
2026-04-295.34x
2026-04-285.36x
2026-04-275.40x
2026-04-245.54x
2026-04-235.50x
2026-04-225.69x
2026-04-215.75x
2026-04-205.89x
2026-04-175.88x
2026-04-165.82x
2026-04-155.68x
2026-04-145.63x
2026-04-135.62x
2026-04-105.65x
2026-04-095.73x
2026-04-085.72x
2026-04-075.53x
2026-04-065.52x
2026-04-025.51x
2026-04-015.61x
2026-03-315.59x
2026-03-305.40x
2026-03-275.86x
2026-03-265.90x
2026-03-256.05x
2026-03-246.11x
2026-03-236.07x
2026-03-205.97x
2026-03-196.09x
2026-03-186.19x
2026-03-176.48x
2026-03-166.71x
2026-03-136.54x
2026-03-126.47x
2026-03-116.65x
2026-03-106.90x
2026-03-096.28x
2026-03-066.14x
2026-03-056.03x
2026-03-046.12x
2026-03-036.05x
2026-03-026.15x
2026-02-276.17x
2026-02-266.16x
2026-02-256.27x
2026-02-246.28x
2026-02-236.37x
2026-02-206.37x
2026-02-196.38x
2026-02-186.40x
2026-02-176.36x
2026-02-136.40x
2026-02-126.31x
2026-02-116.50x
2026-02-106.61x
2026-02-096.71x
2026-02-066.68x
2026-02-056.54x
2026-02-046.61x
2026-02-036.88x
2026-02-027.10x
2026-01-307.11x
2026-01-297.37x
2026-01-287.31x
2026-01-277.26x
2026-01-267.17x
2026-01-237.14x
2026-01-227.11x
2026-01-217.16x
2026-01-207.08x
2026-01-167.31x
2026-01-157.45x
2026-01-147.53x
2026-01-137.44x
2026-01-127.64x
2026-01-097.34x
2026-01-087.34x
2026-01-077.40x
2026-01-067.52x
2026-01-057.53x
2026-01-027.48x
2025-12-317.13x
2025-12-307.17x
2025-12-297.37x
2025-12-267.47x
2025-12-247.41x
2025-12-237.43x
2025-12-227.55x
2025-12-197.54x
2025-12-187.43x
2025-12-177.33x
2025-12-167.37x
2025-12-157.39x
2025-12-127.45x
2025-12-117.43x
2025-12-107.40x
2025-12-097.40x
2025-12-087.44x
2025-12-057.48x
2025-12-047.47x
2025-12-037.51x
2025-12-027.57x
2025-12-017.63x
2025-11-287.56x
2025-11-267.55x
2025-11-257.65x
2025-11-247.72x
2025-11-217.56x
2025-11-207.45x
2025-11-197.60x
2025-11-187.66x
2025-11-177.73x
2025-11-147.82x
2025-11-137.95x
2025-11-128.01x
2025-11-117.99x
2025-11-107.97x
2025-11-077.78x
2025-11-067.86x
2025-11-057.77x
2025-11-047.67x
2025-11-037.70x
2025-10-317.77x
2025-10-307.96x
2025-10-298.04x
2025-10-288.00x
2025-10-278.07x
2025-10-247.84x
2025-10-237.81x
2025-10-227.64x
2025-10-217.72x
2025-10-207.80x
2025-10-177.67x
2025-10-167.62x
2025-10-157.67x
2025-10-147.67x
2025-10-137.79x
2025-10-107.64x
2025-10-098.14x
2025-10-088.27x
2025-10-078.21x
2025-10-068.32x
2025-10-038.24x
2025-10-028.25x
2025-10-018.17x
2025-09-308.12x
2025-09-298.10x
2025-09-268.20x
2025-09-258.19x
2025-09-248.13x
2025-09-238.02x
2025-09-228.14x
2025-09-198.10x
2025-09-188.13x
2025-09-178.35x
2025-09-168.24x
2025-09-158.15x
2025-09-128.10x
2025-09-118.07x
2025-09-107.94x
2025-09-097.99x
2025-09-087.82x
2025-09-057.66x
2025-09-047.52x
2025-09-037.60x
2025-09-027.62x
2025-08-297.65x
2025-08-287.59x
2025-08-277.51x
2025-08-267.72x
2025-08-257.70x
2025-08-227.68x
2025-08-217.54x
2025-08-207.47x
2025-08-197.45x
2025-08-187.41x
2025-08-157.46x
2025-08-147.39x
2025-08-137.60x
2025-08-127.10x
2025-08-117.04x
2025-08-087.09x
2025-08-077.12x
2025-08-067.24x
2025-08-057.08x
2025-08-046.95x
2025-08-016.74x
2025-07-316.94x
2025-07-306.88x
2025-07-296.95x
2025-07-286.94x
2025-07-256.95x
2025-07-246.97x
2025-07-236.97x
2025-07-226.72x
2025-07-216.62x
2025-07-186.56x
2025-07-176.58x
2025-07-166.58x
2025-07-156.56x
2025-07-146.34x
2025-07-116.28x
2025-07-106.29x
2025-07-096.32x
2025-07-086.37x
2025-07-076.35x
2025-07-036.33x
2025-07-026.35x
2025-07-016.42x
2025-06-306.42x
2025-06-276.67x
2025-06-266.69x
2025-06-256.67x
2025-06-246.74x
2025-06-236.62x
2025-06-206.57x
2025-06-186.63x
2025-06-176.68x
2025-06-166.66x
2025-06-136.65x
2025-06-126.73x
2025-06-116.73x
2025-06-106.74x
2025-06-096.78x
2025-06-066.77x
2025-06-056.74x
2025-06-046.74x
2025-06-036.60x
2025-06-026.59x
2025-05-306.45x

Showing the most recent 260 of 3,696 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