P/E ratio for Warner Bros. Discovery (WBD)
P/E ratio as of April 2024 (TTM): -2.99
According to Warner Bros. Discovery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.98529. At the end of 2022 the company had a P/E ratio of -3.67.
P/E ratio history for Warner Bros. Discovery from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.67 | -124.19% |
| 2021 | 15.2 | -8.65% |
| 2020 | 16.6 | 46.74% |
| 2019 | 11.3 | -61.99% |
| 2018 | 29.8 | -178.58% |
| 2017 | -37.9 | -372.62% |
| 2016 | 13.9 | -17.08% |
| 2015 | 16.8 | -18.66% |
| 2014 | 20.6 | -41.96% |
| 2013 | 35.5 | 40.33% |
| 2012 | 25.3 | 71.18% |
| 2011 | 14.8 | -46.54% |
| 2010 | 27.7 | 13.89% |
| 2009 | 24.3 | 62.87% |
| 2008 | 14.9 | -113.94% |
| 2007 | -107 | 11.05% |
| 2006 | -96.4 | -169.81% |
| 2005 | 138 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Netflix NFLX | 55.0 | -1,943.12% | 🇺🇸 USA |
 AMC Networks
AMCX | -60.2 | 1,915.44% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.