As of May 6, 2024, the Warner Music Group stock's PE ratio is 40.28. This results from the current EPS of $0.88 and stock price of $35.45. The P/E ratio has an increase of 6% from the past four quarters average of 38.0.
The PE ratio of Warner Music Group has averaged 44.93 over the last three years. The current PE ratio of 40.28 is 10% below the historical average. Over the past three years, WMG's PE ratio was at its highest in the Sep 2021 quarter at 73.69, when the stock price was $42.74 and the EPS was $0.58. The lowest value was in the Sep 2022 quarter, when it reached 21.9 with a price of $23.21 and an EPS of $1.06.
Maximum annual increase: 74.84% in 2023
Maximum annual decrease: -70.28% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 38.29 | 74.84% |
| 2022 | 21.9 | -70.28% |
| 2021 | 73.69 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
WMG's current P/E ratio is below the 3-year average.
The price to earnings ratio for WMG stock is 40.28 as of May 6, 2024.
The 3-year average PE ratio for WMG stock is 44.93.
The highest quarterly PE ratio in the last three years has been 73.69 and it was in the Sep 2021 quarter.
WMG's price to earnings ratio is currently 10% below its 3-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 6, 2024), Warner Music Group's stock price is $35.45. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.88. Therefore, Warner Music Group's P/E ratio for today is 40.28. PE RATIO(40.28) = STOCK PRICE($35.45) / TTM EPS($0.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.