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Warner Bros. Discovery (WBO:WBDI) Cyclically Adjusted PS Ratio : 0.52 (As of May. 15, 2024)


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What is Warner Bros. Discovery Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Warner Bros. Discovery's current share price is €7.945. Warner Bros. Discovery's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €15.32. Warner Bros. Discovery's Cyclically Adjusted PS Ratio for today is 0.52.

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

WBO:WBDI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 3.2   Max: 11.45
Current: 0.52

During the past years, Warner Bros. Discovery's highest Cyclically Adjusted PS Ratio was 11.45. The lowest was 0.48. And the median was 3.20.

WBO:WBDI's Cyclically Adjusted PS Ratio is ranked better than
66.95% of 705 companies
in the Media - Diversified industry
Industry Median: 0.9 vs WBO:WBDI: 0.52

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. 2024 was €3.750. 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 €15.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warner Bros. Discovery Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Warner Bros. Discovery Cyclically Adjusted PS Ratio Chart

Warner Bros. Discovery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 2.69 1.78 0.62 0.69

Warner Bros. Discovery Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.96 0.78 0.66 0.69 0.53

Competitive Comparison of Warner Bros. Discovery's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=7.945/15.32
=0.52

* 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. 2024 is calculated as:

For example, Warner Bros. Discovery's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.75/129.4194*129.4194
=3.750

Current CPI (Mar. 2024) = 129.4194.

Warner Bros. Discovery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.712 100.560 2.203
201409 1.784 100.428 2.299
201412 2.032 99.070 2.654
201503 2.129 99.621 2.766
201506 2.250 100.684 2.892
201509 2.124 100.392 2.738
201512 2.325 99.792 3.015
201603 2.225 100.470 2.866
201606 2.468 101.688 3.141
201609 2.303 101.861 2.926
201612 2.664 101.863 3.385
201703 2.565 102.862 3.227
201706 2.687 103.349 3.365
201709 2.426 104.136 3.015
201712 2.808 104.011 3.494
201803 3.072 105.290 3.776
201806 3.420 106.317 4.163
201809 3.115 106.507 3.785
201812 3.453 105.998 4.216
201903 3.355 107.251 4.048
201906 3.566 108.070 4.270
201909 3.410 108.329 4.074
201912 3.685 108.420 4.399
202003 3.545 108.902 4.213
202006 3.348 108.767 3.984
202009 3.236 109.815 3.814
202012 2.739 109.897 3.226
202103 3.516 111.754 4.072
202106 3.828 114.631 4.322
202109 4.038 115.734 4.515
202112 4.267 117.630 4.695
202203 4.313 121.301 4.602
202206 4.067 125.017 4.210
202209 4.086 125.227 4.223
202212 4.268 125.222 4.411
202303 4.109 127.348 4.176
202306 3.923 128.729 3.944
202309 3.835 129.860 3.822
202312 3.871 129.419 3.871
202403 3.750 129.419 3.750

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.


Warner Bros. Discovery  (WBO:WBDI) 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

Thank you for viewing the detailed overview of Warner Bros. Discovery's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Warner Bros. Discovery (WBO:WBDI) Business Description

Traded in Other Exchanges
Address
230 Park Avenue South, New York, NY, USA, 10003
Warner Bros. Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. The new company owns some of the biggest global networks including HBO, Discovery, CNN, and TLC and well-known franchises like Superman, Rick and Morty, and Game of Thrones. The firm's content production studios include Warner Bros., HBO, Discovery Studios, DC Films, and Cartoon Network Studios. The company operates two major streaming services, Max and Discovery+.

Warner Bros. Discovery (WBO:WBDI) Headlines

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