As you can read on Wikipedia
With the advent of multi-core/hyperthreaded CPUs, systems with multiple CPUs, and "hibernating" operating systems, the TSC cannot be relied on to provide accurate results. The issue has two components: rate of tick and whether all cores (processors) have identical values in their time-keeping registers. There is no promise that the timestamp counters of multiple CPUs on a single motherboard will be synchronized. In such cases, programmers can only get reliable results by locking their code to a single CPU. Even then, the CPU speed may change due to power-saving measures taken by the OS or BIOS, or the system may be hibernated and later resumed (resetting the time stamp counter). Reliance on the time stamp counter also reduces portability, as other processors may not have a similar feature. Recent Intel processors include a constant rate TSC (identified by the constant_tsc flag in Linux's /proc/cpuinfo). With these processors the TSC reads at the processor's maximum rate regardless of the actual CPU running rate. While this makes time keeping more consistent, it can skew benchmarks, where a certain amount of spin-up time is spent at a lower clock rate before the OS switches the processor to the higher rate. This has the effect of making things seem like they require more processor cycles than they normally would.