WMG
Warner Music Group Corp - Class A
PE ratio, current and historical analysis
- Stocks
- Communication Services
- NASDAQ: WMG
- PE Ratio
As of Aug 21, 2026, the Warner Music Group Corp - Class A stock's PE ratio is 21.36. This results from the current EPS of $1.27 and stock price of $27.13. The P/E ratio has a decrease of 45% from the past four quarters average of 38.6.
WMG PE ratio history
The PE ratio of Warner Music Group Corp - Class A has averaged 41.16 over the last six years. The current PE ratio of 21.36 is 48% below the historical average. Over the past six 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 Jun 2026 quarter, when it reached 21.31 with a price of $27.07 and an EPS of $1.27.
Warner Music Group Corp - Class A PE ratio by year
Maximum annual increase: 74.84% in 2023
Maximum annual decrease: -70.28% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 49.36 | 30.89% | $34.06 | $0.69 |
| 2024 | 37.71 | -1.51% | $31.3 | $0.83 |
| 2023 | 38.29 | 74.84% | $31.4 | $0.82 |
| 2022 | 21.9 | -70.28% | $23.21 | $1.06 |
| 2021 | 73.69 | N/A | $42.74 | $0.58 |
| 2020 | N/A | N/A | $28.74 | -$0.95 |
| 2019 | N/A | N/A | N/A | $0.51 |
| 2018 | N/A | N/A | N/A | $0.61 |
| 2017 | N/A | N/A | N/A | $0.29 |
| 2016 | N/A | N/A | N/A | N/A |
| 2015 | N/A | N/A | N/A | N/A |
| 2014 | N/A | N/A | N/A | N/A |
| 2013 | N/A | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A | N/A |
Warner Music Group Corp - Class A PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 21.31 | -29.08% | $27.07 | $1.27 |
| Mar 2026 | 30.05 | -44.16% | $25.54 | $0.85 |
| Dec 2025 | 53.81 | 9.02% | $30.67 | $0.57 |
| Sep 2025 | 49.36 | 3.29% | $34.06 | $0.69 |
| Jun 2025 | 47.79 | 32.64% | $27.24 | $0.57 |
| Mar 2025 | 36.03 | 13.91% | $31.35 | $0.87 |
| Dec 2024 | 31.63 | -16.12% | $31 | $0.98 |
| Sep 2024 | 37.71 | 27.96% | $31.3 | $0.83 |
| Jun 2024 | 29.47 | -10.75% | $30.65 | $1.04 |
| Mar 2024 | 33.02 | -18.81% | $33.02 | $1 |
| Dec 2023 | 40.67 | 6.22% | $35.79 | $0.88 |
| Sep 2023 | 38.29 | 18.88% | $31.4 | $0.82 |
| Jun 2023 | 32.21 | -20.86% | $26.09 | $0.81 |
| Mar 2023 | 40.7 | 9.23% | $33.37 | $0.82 |
| Dec 2022 | 37.26 | 70.14% | $35.02 | $0.94 |
WMG Price vs fair value
WMG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
WMG's current P/E ratio is below the 3 and 5-year averages.
PE comparison
Warner Music Group Corp - Class A's P/E of 21.36 is below the Communication Services sector and the industry average. Compared to its Communication Services sector average of 24.94, Warner Music Group Corp - Class A's P/E is 14% lower.
Frequently asked questions
What is Warner Music Group Corp - Class A's PE ratio?
The price to earnings ratio for WMG stock is 21.36 as of Aug 21, 2026.
What is the 3-year average PE ratio for Warner Music Group Corp - Class A (WMG)?
The 3-year average PE ratio for WMG stock is 37.43.
What is the 5-year average PE ratio for Warner Music Group Corp - Class A (WMG)?
The 5-year average PE ratio for WMG stock is 39.76.
What is the highest PE ratio for WMG?
The highest quarterly PE ratio in the last six years has been 73.69 and it was in the Sep 2021 quarter.
How does the current PE ratio for WMG compare to its historical average?
WMG's price to earnings ratio is currently 48% below its 6-year historical average.
How is WMG's PE ratio calculated (Warner Music Group Corp - Class A PE ratio formula)?
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 (Aug 21, 2026), Warner Music Group Corp - Class A's stock price is $27.13. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.27. Therefore, Warner Music Group Corp - Class A's P/E ratio for today is 21.36. PE RATIO(21.36) = STOCK PRICE($27.13) / TTM EPS($1.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.