Warner Music Group Corp.

Warner Music Group Corp.verified

WMG

Price:

$31.85

Market Cap:

$16.50B

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records...[Read more]

Industry

Entertainment

IPO Date

2020-06-03

Stock Exchange

NASDAQ

Ticker

WMG

The PE Ratio as of November 2024 (TTM) for Warner Music Group Corp. (WMG) is 38.37

According to Warner Music Group Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 38.37. This represents a change of 50.94% compared to the average of 25.42 of the last 4 quarters.

Warner Music Group Corp. (WMG) Historical PE Ratio (quarterly & annually)

How has WMG PE Ratio performed in the past?

The mean historical PE Ratio of Warner Music Group Corp. over the last ten years is 85.57. The current 38.37 PE Ratio has changed 4.38% with respect to the historical average. Over the past ten years (40 quarters), WMG's PE Ratio was at its highest in in the December 2017 quarter at 945.00. The PE Ratio was at its lowest in in the September 2020 quarter at -3664.55.

Quarterly (TTM)
Annual

Average

85.57

Median

54.63

Minimum

-166.15

Maximum

604.80

Warner Music Group Corp. (WMG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Warner Music Group Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 238.46%

Maximum Annual PE Ratio = 604.80

Minimum Annual Increase = -464.00%

Minimum Annual PE Ratio = -166.15

Quarterly (TTM)
Annual
YearPE RatioChange
2024101.37169.18%
202337.6673.70%
202221.68-69.97%
202172.19-333.93%
2020-30.86-151.43%
201960.0021.83%
201849.25-53.42%
2017105.73-82.52%
2016604.80-464.00%
2015-166.15238.46%

Warner Music Group Corp. (WMG) Average PE Ratio

How has WMG PE Ratio performed in the past?

The current PE Ratio of Warner Music Group Corp. (WMG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

53.57

5-year avg

40.41

10-year avg

85.57

Warner Music Group Corp. (WMG) PE Ratio vs. Peers

How is WMG’s PE Ratio compared to its peers?

Warner Music Group Corp.’s PE Ratio is greater than News Corporation (33.69), greater than The Marcus Corporation (-69.09), greater than Formula One Group (-9.23), greater than Fox Corporation (11.24), greater than Formula One Group (-9.23), greater than The Liberty Braves Group (-55.72), greater than News Corporation (33.69), greater than The Liberty Braves Group (-55.72), less than Madison Square Garden Sports Corp. (78.84), less than World Wrestling Entertainment, Inc. (45.37), greater than Sphere Entertainment Co. (-3.86),

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