Warner Bros. Discovery (CHIX:J5AD) Cyclically Adjusted PS Ratio: 1.50 (As of Jul. 24, 2026) — 26% Below Median

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CHIX:J5AD Warner Bros. Discovery Inc CHIX:J5AD
60 GF Score
Price €17.85
GF Value €6.69
! 6 Warning Signs
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What is Warner Bros. Discovery Cyclically Adjusted PS Ratio?

Warner Bros. Discovery CHIX:J5AD 60 Cyclically Adjusted PS Ratio is 1.50 as of Jul. 24, 2026, which is 26% below its 10-year median of 2.03. GuruFocus rates CHIX:J5AD with a GF Score™ of 60/100 and a GF Value™ of €6.69. The stock has 6 warning signs investors should review. Among 732 Media - Diversified companies, Warner Bros. Discovery ranks worse than 66.67% on this metric.

As of today (2026-07-24), Warner Bros. Discovery's current share price is €17.85. Warner Bros. Discovery's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.87. Warner Bros. Discovery's Cyclically Adjusted PS Ratio for today is 1.50.

The historical rank and industry rank for Warner Bros. Discovery's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:J5Ad' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 2.03   Max: 6.89
Current: 1.42

During the past years, Warner Bros. Discovery's highest Cyclically Adjusted PS Ratio was 6.89. The lowest was 0.41. And the median was 2.03.

CHIX:J5Ad's Cyclically Adjusted PS Ratio is ranked worse than
66.67% of 732 companies
in the Media - Diversified industry
Industry Median: 0.79 vs CHIX:J5Ad: 1.42

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Warner Bros. Discovery's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.087. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €11.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warner Bros. Discovery  (CHIX:J5Ad) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Warner Bros. Discovery Cyclically Adjusted PS Ratio Related Terms


Warner Bros. Discovery Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Warner Bros. Discovery's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Warner Bros. Discovery Cyclically Adjusted PS Ratio Chart

Warner Bros. Discovery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 0.62 0.69 0.61 1.61

Warner Bros. Discovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.65 1.09 1.61 1.50

CHIX:J5AD vs LYV, FWONA, FOXA: Cyclically Adjusted PS Ratio Comparison

For the Entertainment subindustry, Warner Bros. Discovery's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warner Bros. Discovery Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Warner Bros. Discovery's Cyclically Adjusted PS Ratio falls into.


CHIX:J5AD
60GF Score
Warner Bros. Discovery Inc CHIX:J5AD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Bros. Discovery Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Warner Bros. Discovery's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.85/11.87
=1.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Warner Bros. Discovery's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Warner Bros. Discovery's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.087/330.2130*330.2130
=3.087

Current CPI (Mar. 2026) = 330.2130.

Warner Bros. Discovery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.468 241.018 3.381
201609 2.303 241.428 3.150
201612 2.664 241.432 3.644
201703 2.565 243.801 3.474
201706 2.687 244.955 3.622
201709 2.426 246.819 3.246
201712 2.808 246.524 3.761
201803 3.072 249.554 4.065
201806 3.420 251.989 4.482
201809 3.115 252.439 4.075
201812 3.453 251.233 4.539
201903 3.355 254.202 4.358
201906 3.566 256.143 4.597
201909 3.410 256.759 4.386
201912 3.685 256.974 4.735
202003 3.545 258.115 4.535
202006 3.348 257.797 4.288
202009 3.236 260.280 4.105
202012 2.739 260.474 3.472
202103 3.516 264.877 4.383
202106 3.828 271.696 4.652
202109 4.038 274.310 4.861
202112 4.267 278.802 5.054
202203 4.313 287.504 4.954
202206 4.067 296.311 4.532
202209 4.086 296.808 4.546
202212 4.268 296.797 4.749
202303 4.109 301.836 4.495
202306 3.923 305.109 4.246
202309 3.835 307.789 4.114
202312 3.871 306.746 4.167
202403 3.750 312.332 3.965
202406 3.682 314.175 3.870
202409 3.510 315.301 3.676
202412 3.904 315.605 4.085
202503 3.374 319.799 3.484
202506 3.404 322.561 3.485
202509 3.109 324.800 3.161
202512 3.119 324.054 3.178
202603 3.087 330.213 3.087

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 1.50 mean?
Warner Bros. Discovery (CHIX:J5AD) has a Cyclically Adjusted PS Ratio of 1.50 as of Jul. 24, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Warner Bros. Discovery and its competitors. This is 26% below median its historical median of 2.03. Over the past decade, Warner Bros. Discovery's Cyclically Adjusted PS Ratio has ranged from 0.41 to 6.89. According to the industry distribution chart, Warner Bros. Discovery ranks #488 out of 732 companies in the Media - Diversified industry, placing it in the top 66.7%.
Is Warner Bros. Discovery's Cyclically Adjusted PS Ratio too high?
Warner Bros. Discovery's current Cyclically Adjusted PS Ratio of 1.50 is 26% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 6.89. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.79. Warner Bros. Discovery's value of 1.50 is 89.9% above this industry median. Based on the distribution chart, Warner Bros. Discovery ranks #488 out of 732 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Warner Bros. Discovery has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Warner Bros. Discovery's Cyclically Adjusted PS Ratio compare to LYV and FWONA?
According to the Media - Diversified industry distribution chart, Warner Bros. Discovery ranks #488 out of 732 companies for Cyclically Adjusted PS Ratio. This places Warner Bros. Discovery in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Warner Bros. Discovery's value of 1.50 is 89.9% above this benchmark. Historically, Warner Bros. Discovery's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 6.89 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 0.79, Warner Bros. Discovery has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.79, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Warner Bros. Discovery's current Cyclically Adjusted PS Ratio of 1.50 is 89.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Warner Bros. Discovery and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Bros. Discovery's current Cyclically Adjusted PS Ratio is 1.50, which is 26% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Bros. Discovery stock overvalued right now?
Warner Bros. Discovery (CHIX:J5AD) has a current Cyclically Adjusted PS Ratio of 1.50. The stock's GF Value™ is €6.69, compared to a current price of €17.85 — trading 166.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.50, which is 26% below median its 10-year median of 2.03 and 89.9% above the Media - Diversified industry median of 0.79. Warner Bros. Discovery's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Warner Bros. Discovery (CHIX:J5AD), the current Cyclically Adjusted PS Ratio is 1.50 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Warner Bros. Discovery (CHIX:J5AD) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued. The current stock price of €17.85 is trading 166.8% above its estimated GF Value™ of €6.69.

Key valuation signals for CHIX:J5AD:

  • Cyclically Adjusted PS Ratio: 1.50 (26% below median its 10-year median of 2.03)
  • GF Value™: €6.69 vs. price of €17.85 (166.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 89.9% above the Media - Diversified median (#488 of 732)

No single metric tells the full story. See the CHIX:J5AD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warner Bros. Discovery Business Description

Address 230 Park Avenue South, New York, NY, USA, 10003
Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.
60GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.85
Price
€6.69
GF Value