Warner Music (WMG) Price to Book (2020 - 2026)
Warner Music's (WMG) Price to Book stood at 14.86 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 15.0% from 17.49 a year earlier and down 6.4% from the prior quarter.
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Analysis
Warner Music (WMG) Price to Book (2020 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Warner Music's Price to Book came in at 23.42, down 2.4% from FY2024.
- Annual Price to Book has declined for four straight fiscal years.
- Across earlier fiscal years, Price to Book came in at 24.00 in FY2024 (-36.3%), 37.68 in FY2023 (-47.0%), 71.11 in FY2022 (-85.1%) and 477.08 in FY2021.
- The fiscal Q3 2026 figure is the lowest quarterly Price to Book in data going back to fiscal Q1 2021.
- On a year-over-year basis, Price to Book has declined for 19 consecutive quarters, with an average decline of 21.9% over the last eight quarters.
- The year-over-year decline in Price to Book has ranged between 2.4% (fiscal Q4 2025) and 85.1% (fiscal Q4 2022) over the last five years.
- Per Business Quant, the preceding three fiscal quarters came in at 15.88 (Q2 2026), 19.43 (Q1 2026) and 23.42 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 175.02 Bn | 159.59 Bn | 11.57 Bn |
| 2 | Warner Music | 14.15 Bn | 11.64 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.34 Bn | 2.30 Bn | - |
| 4 | Angel Studios | 781.16 Mn | 586.65 Mn | 59.96 Mn |
| 5 | Reservoir Media | 636.23 Mn | 548.54 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - |
| 8 | Nexus Advanced Technologies | 1.86 Mn | -16.75 Mn | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - |
| 10 | Sony | 144.46 Bn | 94.85 Bn | 6.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.86 |
| Mar 31, 2026 | 15.88 |
| Dec 31, 2025 | 19.43 |
| Sep 30, 2025 | 23.42 |
| Jun 30, 2025 | 17.49 |
| Mar 31, 2025 | 20.65 |
| Dec 31, 2024 | 23.11 |
| Sep 30, 2024 | 24.00 |
| Jun 30, 2024 | 25.00 |
| Mar 31, 2024 | 29.23 |
| Dec 31, 2023 | 30.01 |
| Sep 30, 2023 | 37.68 |
| Jun 30, 2023 | 45.02 |
| Mar 31, 2023 | 64.73 |
| Dec 31, 2022 | 63.96 |
| Sep 30, 2022 | 71.11 |
| Jun 30, 2022 | 72.92 |
| Mar 31, 2022 | 112.63 |
| Dec 31, 2021 | 131.66 |
| Sep 30, 2021 | 477.08 |
API Access
Warner Music Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();