Warner Music Group Corp.
WMG
Rank in Stocks
#1366
Warner Music Group Corp. (WMG), established in 1929 and based in New York City,... Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.
Share Price
$31.18
Last synced: 2026-10-19
Market Cap
$16.31B
Change (1 day)
-0.72%
Change (1 year)
-6.38%
Country
US
Trade Warner Music Group Corp. (WMG)
Category
Communication Services
P/B ratio for Warner Music Group Corp. (WMG)
P/B ratio as of October 2026 TTM: 17.66
According to Warner Music Group Corp. latest financial reports and stock price the company's current price-to-book ratio (TTM) is 17.66. At the end of 2024 the company had a P/B ratio of 31.27.
P/B ratio history for Warner Music Group Corp. from 2000 to 2026
P/B ratio at the end of each year
| Year | P/B Ratio | Change |
|---|---|---|
| 2026 (TTM) | 17.66 | -35.36% |
| 2025 | 27.32 | -12.62% |
| 2024 | 31.27 | -40.72% |
| 2023 | 52.75 | -33.54% |
| 2022 | 79.37 | -88.79% |
| 2021 | 707.93 | -404.26% |
| 2020 | -232.67 | 337.74% |
| 2019 | -53.15 | 17.41% |
| 2018 | -45.27 | -187.72% |
| 2017 | 51.60 | -33.45% |
| 2016 | 77.54 | 13.33% |
| 2015 | 68.42 | 67.87% |
| 2014 | 40.75 | 95.69% |
| 2013 | 20.83 | 27.69% |
| 2012 | 16.31 | 76.42% |
| 2011 | 9.25 | -154.34% |
| 2010 | -17.02 | -45.93% |
| 2009 | -31.47 | -39.41% |
| 2008 | -51.94 | -57.54% |
| 2007 | -122.32 | -264.95% |
| 2006 | 74.16 | 92.05% |
| 2005 | 38.61 | -28.49% |
| 2004 | 54.00 | 466.79% |
| 2003 | 9.53 | 89.10% |
| 2002 | 5.04 | 74.21% |
| 2000 | 2.89 | 0.00% |
P/B ratio for similar companies or competitors
| Company | P/B Ratio | P/B Ratio Difference | Country |
|---|---|---|---|
| 9.8049 | -44.48% |
US
|
|
| 1.7218 | -90.25% |
US
|
|
| 2.3666 | -86.60% |
US
|
|
| 477.4994 | 2,603.85% |
US
|
|
| 7.6906 | -56.45% |
NL
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