As of Nov 22, 2024, the Warner Music Group stock's PE ratio is 38.37. This results from the current EPS of $0.83 and stock price of $31.85. The P/E ratio has an increase of 9% from the past four quarters average of 35.2.
The PE ratio of Warner Music Group has averaged 42.46 over the last four years. The current PE ratio of 38.37 is 10% below the historical average. Over the past four 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 |
---|---|---|
2024 | 37.71 | -1.51% |
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 |
WMG's current P/E ratio is above the 3-year historical average.
The price to earnings ratio for WMG stock is 38.37 as of Nov 22, 2024.
The 3-year average PE ratio for WMG stock is 37.62.
The highest quarterly PE ratio in the last four years has been 73.69 and it was in the Sep 2021 quarter.
WMG's price to earnings ratio is currently 10% below its 4-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 (Nov 22, 2024), Warner Music Group's stock price is $31.85. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.83. Therefore, Warner Music Group's P/E ratio for today is 38.37. PE RATIO(38.37) = STOCK PRICE($31.85) / TTM EPS($0.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.