Warner Bros. Discovery, Inc. (WBD) P/E Ratio History
Historical price-to-earnings valuation from 2005 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of February 27, 2026, Warner Bros. Discovery, Inc. (WBD) trades at a price-to-earnings ratio of -6.3x, with a stock price of $28.90 and trailing twelve-month earnings per share of $0.20.
The current P/E is 131% below its 5-year average of 20.4x. Over the past five years, WBD's P/E has ranged from a low of 6.7x to a high of 102.8x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Communication Services sector median P/E of 14.8x, WBD trades at a 142% discount to its sector peers. The sector includes 112 companies with P/E ratios ranging from 0.5x to 194.9x.
Relative to the broader market, WBD trades at a notable discount to the S&P 500 median P/E of 25.9x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our WBD DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Film and TV Production and Networks peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
DISThe Walt Disney Company | $188B | 15.3 | -Best | +152% |
NWSNews Corporation | $5B | 32.4 | -Best | +72% |
NWSANews Corporation | $4B | 11.4Lowest | -Best | +350%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $19.53 | $0.19 | 102.8x | +188% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $11.46 | $0.30 | 37.6x | +5% |
| FY2022 Q1 | $24.92 | $2.02 | 12.3x | -65% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $23.54 | $1.54 | 15.3x | -57% |
| FY2021 Q3 | $25.38 | $1.88 | 13.5x | -62% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $30.68 | $2.08 | 14.8x | -59% |
| FY2021 Q1 | Wed Mar 31 2021 00:00:00 GM | $43.46 | $1.47 | 29.6x | -17% |
| FY2020 Q4 | $30.09 | $1.81 | 16.6x | -53% | |
| FY2020 Q3 | Wed Sep 30 2020 00:00:00 GM | $21.77 | $2.06 | 10.6x | -70% |
| FY2020 Q2 | $21.10 | $1.97 | 10.7x | -70% | |
| FY2020 Q1 | $19.44 | $2.90 | 6.7x | -81% | |
| FY2019 Q4 | $32.74 | $2.88 | 11.4x | -68% |
Average P/E for displayed period: 35.7x
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Start ComparisonFrequently Asked Questions
Is WBD stock overvalued or undervalued?
WBD trades at -6.3x P/E, below its 5-year average of 20.4x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does WBD's valuation compare to peers?
Warner Bros. Discovery, Inc. P/E of -6.3x compares to sector median of 14.8x. The discount suggests lower growth expectations or higher risk.
What is WBD's PEG ratio?
WBD PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2005-2025.