We believe that the market underestimates the longer-term revenue contribution from video accounts and the potential for margin expansion as Tencent cements a more efficient cost structure.

View Tencent Holdings Limited (TCEHY) current and estimated P/E ratio data provided by Seeking Alpha.

Ma touted the improvement in "organisational structure and spirit" of Tencent's Interactive Entertainment Group, which operates the video gaming business. In the latest round of restructuring ...