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Warner Music Group (BSP:W1MG34) Shiller PE Ratio : 103.95 (As of May. 25, 2024)


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What is Warner Music Group Shiller PE Ratio?

As of today (2024-05-25), Warner Music Group's current share price is R$39.50. Warner Music Group's E10 for the quarter that ended in Mar. 2024 was R$0.38. Warner Music Group's Shiller PE Ratio for today is 103.95.

The historical rank and industry rank for Warner Music Group's Shiller PE Ratio or its related term are showing as below:

BSP:W1MG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 100.34   Med: 177.43   Max: 890.5
Current: 100.34

During the past years, Warner Music Group's highest Shiller PE Ratio was 890.50. The lowest was 100.34. And the median was 177.43.

BSP:W1MG34's Shiller PE Ratio is ranked worse than
94.31% of 422 companies
in the Media - Diversified industry
Industry Median: 16.115 vs BSP:W1MG34: 100.34

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Warner Music Group's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.224. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warner Music Group Shiller PE Ratio Historical Data

The historical data trend for Warner Music Group's Shiller PE 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 Music Group Shiller PE Ratio Chart

Warner Music Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 530.68 139.00

Warner Music Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 239.45 144.68 139.00 135.12 108.78

Competitive Comparison of Warner Music Group's Shiller PE Ratio

For the Entertainment subindustry, Warner Music Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Music Group's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Music Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Warner Music Group's Shiller PE Ratio falls into.



Warner Music Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Warner Music Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.50/0.38
=103.95

* 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 Music Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Warner Music Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.224/131.7762*131.7762
=0.224

Current CPI (Mar. 2024) = 131.7762.

Warner Music Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.206 100.560 -0.270
201409 -0.030 100.428 -0.039
201412 -0.055 99.070 -0.073
201503 0.028 99.621 0.037
201506 -0.068 100.684 -0.089
201509 -0.045 100.392 -0.059
201512 0.052 99.792 0.069
201603 0.020 100.470 0.026
201606 -0.015 101.688 -0.019
201609 -0.006 101.861 -0.008
201612 0.037 101.863 0.048
201703 0.030 102.862 0.038
201706 0.231 103.349 0.295
201709 -0.061 104.136 -0.077
201712 0.007 104.011 0.009
201803 -0.005 105.290 -0.006
201806 0.601 106.317 0.745
201809 -0.029 106.507 -0.036
201812 0.166 105.998 0.206
201903 0.125 107.251 0.154
201906 0.029 108.070 0.035
201909 0.185 108.329 0.225
201912 0.245 108.420 0.298
202003 -0.180 108.902 -0.218
202006 -1.336 108.767 -1.619
202009 -0.003 109.815 -0.004
202012 0.232 109.897 0.278
202103 0.324 111.754 0.382
202106 0.151 114.631 0.174
202109 0.066 115.734 0.075
202112 0.509 117.630 0.570
202203 0.224 121.301 0.243
202206 0.303 125.017 0.319
202209 0.367 125.227 0.386
202212 0.302 125.222 0.318
202303 0.078 127.348 0.081
202306 0.279 128.729 0.286
202309 0.358 129.860 0.363
202312 0.367 129.419 0.374
202403 0.224 131.776 0.224

Add all the adjusted EPS together and divide 10 will get our E10.

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 Music Group  (BSP:W1MG34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Warner Music Group Shiller PE Ratio Related Terms

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Warner Music Group (BSP:W1MG34) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.

Warner Music Group (BSP:W1MG34) Headlines

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