Warner Music Group Corp. (WMG) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2026
Loading P/E history...
WMG Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Warner Music Group Corp. (WMG) trades at a price-to-earnings ratio of 40.7x, with a stock price of $28.50 and trailing twelve-month earnings per share of $0.59.
The current P/E is roughly in line with its 5-year average of 42.4x. Over the past five years, WMG's P/E has ranged from a low of 21.9x to a high of 73.1x, placing the current valuation at the 63th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.0x, WMG trades at a 172% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 171.4x.
Relative to the broader market, WMG commands a significant premium over the S&P 500 median P/E of 25.1x. 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 WMG 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.
WMG P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $120B | 16.7Lowest | 1.09Best | +20% | |
| $4B | 56.7 | - | -55% | |
| $86B | 34.0 | - | +91%Best | |
| $4.2T | 38.1 | 2.13 | +23% | |
| $2.9T | 38.1 | 1.36 | +30% | |
| $4.7T | 35.9 | 1.20 | +34% | |
| $1.5T | 25.8 | 1.40 | -2% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
WMG Historical P/E Data (2021–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Wed Dec 31 2025 00:00:00 GM | $30.67 | $0.59 | 52.1x | +23% |
| FY2025 Q4 | $34.06 | $0.70 | 48.8x | +15% | |
| FY2025 Q3 | Mon Jun 30 2025 00:00:00 GM | $27.24 | $0.57 | 48.1x | +13% |
| FY2025 Q2 | Mon Mar 31 2025 00:00:00 GM | $31.35 | $0.86 | 36.6x | -14% |
| FY2025 Q1 | $31.00 | $0.97 | 32.0x | -24% | |
| FY2024 Q4 | Mon Sep 30 2024 00:00:00 GM | $31.30 | $0.82 | 38.3x | -10% |
| FY2024 Q3 | Sun Jun 30 2024 00:00:00 GM | $30.65 | $1.04 | 29.5x | -31% |
| FY2024 Q2 | Sun Mar 31 2024 00:00:00 GM | $33.02 | $1.02 | 32.4x | -24% |
| FY2024 Q1 | Sun Dec 31 2023 00:00:00 GM | $35.79 | $0.91 | 39.5x | -7% |
| FY2023 Q4 | Sat Sep 30 2023 00:00:00 GM | $31.40 | $0.85 | 37.1x | -13% |
| FY2023 Q3 | Fri Jun 30 2023 00:00:00 GM | $26.09 | $0.83 | 31.6x | -26% |
| FY2023 Q2 | Fri Mar 31 2023 00:00:00 GM | $33.37 | $0.83 | 40.4x | -5% |
Average P/E for displayed period: 42.4x
Full WMG Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WMG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WMG Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare WMG vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonWMG — Frequently Asked Questions
Quick answers to the most common questions about buying WMG stock.
Is WMG stock overvalued or undervalued?
WMG trades at 40.7x P/E, near its 5-year average of 42.4x. The 63th percentile ranking places valuation within normal historical bounds.
How does WMG's valuation compare to peers?
Warner Music Group Corp. P/E of 40.7x compares to sector median of 15.0x. The premium reflects expected growth above peers.
What is WMG's PEG ratio?
WMG PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2026.