Warner Music Group Corp.
WMG
Price:
$31.14
Market Cap:
$16.13B
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 October 2024 (TTM) for Warner Music Group Corp. (WMG) is 29.94
According to Warner Music Group Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 29.94. This represents a change of -6.80% compared to the average of 32.12 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 70.52. The current 29.94 PE Ratio has changed 4.15% 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.
Average
70.52
Median
43.46
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
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 37.66 | 73.70% |
| 2022 | 21.68 | -69.97% |
| 2021 | 72.19 | -333.93% |
| 2020 | -30.86 | -151.43% |
| 2019 | 60.00 | 21.83% |
| 2018 | 49.25 | -53.42% |
| 2017 | 105.73 | -82.52% |
| 2016 | 604.80 | -464.00% |
| 2015 | -166.15 | 238.46% |
| 2014 | -49.09 | -35.71% |
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
43.84
5-year avg
32.14
10-year avg
70.52
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 less than News Corporation (56.01), greater than The Marcus Corporation (-23.92), less than Formula One Group (64.97), greater than Fox Corporation (13.04), less than Formula One Group (64.97), greater than The Liberty Braves Group (-40.41), less than News Corporation (56.01), greater than The Liberty Braves Group (-40.41), less than Madison Square Garden Sports Corp. (88.82), less than World Wrestling Entertainment, Inc. (88.35), greater than Sphere Entertainment Co. (-8.02),
| Company | PE Ratio | Market cap |
|---|---|---|
| 56.01 | $15.15B | |
| -23.92 | $498.57M | |
| 64.97 | $22.69B | |
| 13.04 | $18.39B | |
| 64.97 | $22.71B | |
| -40.41 | $2.43B | |
| 56.01 | $15.16B | |
| -40.41 | $2.44B | |
| 88.82 | $5.20B | |
| 88.35 | $8.37B | |
| -8.02 | $1.60B |
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