P/E ratio for Warner Bros. Discovery (WBD)
P/E ratio as of June 2023 (TTM): -6.40
According to Warner Bros. Discovery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.39773. At the end of 2021 the company had a P/E ratio of 15.2.
P/E ratio history for Warner Bros. Discovery from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Netflix NFLX | 42.8 | -768.88% | 🇺🇸 USA |
 AMC Networks
AMCX | 56.3 | -979.93% | 🇺🇸 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.