So, a share price of 1,415p would equate to a price-to-earnings (P/E) ratio of about 18.6. That’s above the FTSE 100 average (about 13.8). But it seems reasonable to me given the complex ...

The new share price could value ByteDance at around $315 billion, according to another source, showing the recovery of one of the most valuable private companies from a valuation drop in 2023.