Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Warner Bros. Discovery's enterprise value is CHF77,567 Mil.
Warner Bros. Discovery's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF14,239 Mil. Therefore, Warner Bros. Discovery's EV-to-EBITDA for today is 5.45.
The historical rank and industry rank for Warner Bros. Discovery's EV-to-EBITDA or its related term are showing as below:
XSWX:WBD'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.54 Med: 5.21 Max: 12.28
Current: 5.36
During the past 13 years, the highest EV-to-EBITDA of Warner Bros. Discovery was 12.28. The lowest was 2.54. And the median was 5.21.
XSWX:WBD's EV-to-EBITDA is ranked better than 61.53% of 746
companies
in the Media - Diversified industry
Industry Median: 7.245
vs XSWX:WBD: 5.36
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Warner Bros. Discovery (XSWX:WBD) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Warner Bros. Discovery's PE Ratio (TTM) for today is calculated as:
Warner Bros. Discovery's share price for today is CHF21.43.
Warner Bros. Discovery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.545.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
XSWX:WBD vs LYV, FWONA, FOXA: EV-to-EBITDA Comparison
For the Entertainment subindustry, Warner Bros. Discovery's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Warner Bros. Discovery's EV-to-EBITDA falls into.
Warner Bros. Discovery's current Enterprise Value is CHF77,567 Mil.
Warner Bros. Discovery's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF14,239 Mil.
* 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 (XSWX:WBD) has a EV-to-EBITDA of 5.45 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Warner Bros. Discovery. This is near median its historical median of 5.21. Over the past decade, Warner Bros. Discovery's EV-to-EBITDA has ranged from 2.54 to 12.28. According to the industry distribution chart, Warner Bros. Discovery ranks #287 out of 746 companies in the Media - Diversified industry, placing it in the top 38.5%.
Is Warner Bros. Discovery's EV-to-EBITDA too high?
Warner Bros. Discovery's current EV-to-EBITDA of 5.45 is near median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 12.28. The Media - Diversified industry median EV-to-EBITDA is 7.25. Warner Bros. Discovery's value of 5.45 is 24.8% below this industry median. Based on the distribution chart, Warner Bros. Discovery ranks #287 out of 746 companies in the Media - Diversified industry, which is above 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 EV-to-EBITDA compare to LYV and FWONA?
According to the Media - Diversified industry distribution chart, Warner Bros. Discovery ranks #287 out of 746 companies for EV-to-EBITDA. This puts Warner Bros. Discovery in the upper half of its industry. The industry median EV-to-EBITDA is 7.25. Warner Bros. Discovery's value of 5.45 is 24.8% below this benchmark. Historically, Warner Bros. Discovery's own EV-to-EBITDA has ranged from 2.54 to 12.28 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 7.25, Warner Bros. Discovery has consistently been below 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 EV-to-EBITDA for a Media - Diversified company?
The median EV-to-EBITDA among Media - Diversified companies is 7.25, based on 746 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Warner Bros. Discovery's current EV-to-EBITDA of 5.45 is 24.8% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Warner Bros. Discovery. For the Media - Diversified industry, the median EV-to-EBITDA is 7.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Bros. Discovery's current EV-to-EBITDA is 5.45, which is near median its own 10-year median of 5.21. 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 (XSWX:WBD) has a current EV-to-EBITDA of 5.45. The stock's GF Value™ is CHF8.08, compared to a current price of CHF21.43 — trading 165.2% above its estimated fair value. The current EV-to-EBITDA is 5.45, which is near median its 10-year median of 5.21 and 24.8% below the Media - Diversified industry median of 7.25. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Warner Bros. Discovery (XSWX:WBD), the current EV-to-EBITDA is 5.45 as of Jul. 26, 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 (XSWX:WBD) Overvalued in 2026?
Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued.
The current stock price of CHF21.43 is trading 165.2% above its estimated GF Value™ of CHF8.08.
Key valuation signals for XSWX:WBD:
EV-to-EBITDA: 5.45 (near median its 10-year median of 5.21)
GF Value™: CHF8.08 vs. price of CHF21.43 (165.2% above fair value)
Industry Position: 24.8% below the Media - Diversified median (#287 of 746)
No single metric tells the full story. See the XSWX:WBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
Get the complete analysis for XSWX:WBD
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:WBD has been successfully added to your 
