Stock Analysis on Net

Warner Bros. Discovery Inc. (NASDAQ:WBD)

This company has been moved to the archive! The financial data has not been updated since November 4, 2022.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Warner Bros. Discovery Inc., historical price multiples (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Price to earnings (P/E) 36.40 13.95 10.45 10.19 19.53 22.10 7.22 7.72 5.12 6.21 8.75 9.25 15.58 25.65
Price to operating profit (P/OP) 24.44 6.98 6.50 6.42 8.99 10.71 3.76 3.80 3.51 4.27 5.41 5.74 6.13 7.88 44.73 29.78 28.92 13.03
Price to sales (P/S) 0.97 1.83 3.83 1.15 1.09 1.25 1.78 2.53 0.96 0.99 0.95 1.15 1.47 1.44 1.40 1.44 1.80 1.55 1.64 1.35
Price to book value (P/BV) 0.52 0.69 4.02 1.21 1.12 1.22 1.77 2.57 1.02 1.08 1.12 1.30 1.71 1.65 1.76 1.82 2.13 1.69 1.58 2.01 1.14 1.63 1.92

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Warner Bros. Discovery Inc. P/S ratio decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Warner Bros. Discovery Inc. P/BV ratio decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Price to Earnings (P/E)

Warner Bros. Discovery Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 2,428,396,015 2,427,592,861 2,426,844,405 506,245,821 505,865,890 505,745,608 505,312,656 487,334,195 491,003,517 506,888,843 506,693,601 520,922,321 525,316,382 537,620,883 524,914,811 523,978,060 523,500,227 522,424,063 522,142,701 381,907,924 379,055,222 378,967,429 384,572,732
Selected Financial Data (US$)
Net income (loss) available to Warner Bros. Discovery, Inc. (in millions) (2,308) (3,418) 456 38 156 672 140 271 300 271 377 476 262 947 384 269 117 216 (8) (1,144) 218 374 215
Earnings per share (EPS)2 -2.15 -1.14 0.54 1.99 2.45 2.73 1.94 2.50 2.90 2.73 4.07 3.97 3.54 3.19 1.88 1.13 -1.56 -1.37 -1.07 -0.88 0.00 0.00 0.00
Share price1, 3 10.43 14.59 19.83 27.73 25.60 27.87 37.95 55.29 20.93 21.12 20.85 24.67 31.03 29.54 29.26 29.08 32.98 25.65 23.82 24.32 17.31 23.73 26.66
Valuation Ratio
P/E ratio4 36.40 13.95 10.45 10.19 19.53 22.10 7.22 7.72 5.12 6.21 8.75 9.25 15.58 25.65
Benchmarks
P/E Ratio, Competitors5
Alphabet Inc. 18.32 20.58 20.32 25.74 27.53 28.90 31.05 34.65 30.70 31.99 26.52 28.96
Comcast Corp. 25.58 12.39 13.00 16.01 16.37 21.39 22.12 22.37 19.10 17.33 14.74 15.39
Meta Platforms Inc. 9.01 12.84 14.91 16.44 21.80 25.93 27.69 25.89 29.65 30.73 27.83 32.31
Netflix Inc. 23.66 19.54 19.36 33.56 57.28 51.57 60.01 86.39 76.39 82.63 85.48 80.66
Walt Disney Co. 65.23 72.29 86.97 137.89 289.34 33.92 25.19 23.96 20.74 18.03 15.32 13.36

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2022 Calculation
EPS = (Net income (loss) available to Warner Bros. Discovery, Inc.Q3 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q2 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q1 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q4 2021) ÷ No. shares of common stock outstanding
= (-2,308,000,000 + -3,418,000,000 + 456,000,000 + 38,000,000) ÷ 2,428,396,015 = -2.15

3 Closing price as at the filing date of Warner Bros. Discovery Inc. Quarterly or Annual Report.

4 Q3 2022 Calculation
P/E ratio = Share price ÷ EPS
= 10.43 ÷ -2.15 =

5 Click competitor name to see calculations.


Price to Operating Profit (P/OP)

Warner Bros. Discovery Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 2,428,396,015 2,427,592,861 2,426,844,405 506,245,821 505,865,890 505,745,608 505,312,656 487,334,195 491,003,517 506,888,843 506,693,601 520,922,321 525,316,382 537,620,883 524,914,811 523,978,060 523,500,227 522,424,063 522,142,701 381,907,924 379,055,222 378,967,429 384,572,732
Selected Financial Data (US$)
Operating income (loss) (in millions) (2,190) (3,639) 353 508 329 779 396 488 531 717 779 705 619 911 774 711 369 650 204 (837) 433 630 487
Operating profit per share2 -2.05 -1.01 0.81 3.97 3.94 4.34 4.22 5.16 5.56 5.56 5.95 5.78 5.74 5.14 4.77 3.69 0.74 0.86 0.82 1.87 0.00 0.00 0.00
Share price1, 3 10.43 14.59 19.83 27.73 25.60 27.87 37.95 55.29 20.93 21.12 20.85 24.67 31.03 29.54 29.26 29.08 32.98 25.65 23.82 24.32 17.31 23.73 26.66
Valuation Ratio
P/OP ratio4 24.44 6.98 6.50 6.42 8.99 10.71 3.76 3.80 3.51 4.27 5.41 5.74 6.13 7.88 44.73 29.78 28.92 13.03
Benchmarks
P/OP Ratio, Competitors5
Alphabet Inc. 15.62 17.97 18.39 24.86 26.82 29.02 32.10 33.85 31.47 30.75 25.72 29.05
Comcast Corp. 9.64 7.83 8.75 10.89 11.91 14.39 14.66 13.47 10.47 9.93 8.26 9.51
Meta Platforms Inc. 7.39 10.83 12.68 13.84 18.71 22.67 24.49 23.10 26.06 25.90 21.96 24.90
Netflix Inc. 20.88 16.77 15.62 27.71 44.39 37.28 40.38 52.02 52.42 59.01 61.48 57.82
Walt Disney Co. 31.54 35.31 53.03 91.54 197.21 242.78 21.67 26.30 24.82 21.70 18.48 11.63 11.37

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2022 Calculation
Operating profit per share = (Operating income (loss)Q3 2022 + Operating income (loss)Q2 2022 + Operating income (loss)Q1 2022 + Operating income (loss)Q4 2021) ÷ No. shares of common stock outstanding
= (-2,190,000,000 + -3,639,000,000 + 353,000,000 + 508,000,000) ÷ 2,428,396,015 = -2.05

3 Closing price as at the filing date of Warner Bros. Discovery Inc. Quarterly or Annual Report.

4 Q3 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 10.43 ÷ -2.05 =

5 Click competitor name to see calculations.


Price to Sales (P/S)

Warner Bros. Discovery Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 2,428,396,015 2,427,592,861 2,426,844,405 506,245,821 505,865,890 505,745,608 505,312,656 487,334,195 491,003,517 506,888,843 506,693,601 520,922,321 525,316,382 537,620,883 524,914,811 523,978,060 523,500,227 522,424,063 522,142,701 381,907,924 379,055,222 378,967,429 384,572,732
Selected Financial Data (US$)
Revenues (in millions) 9,823 9,827 3,159 3,187 3,150 3,062 2,792 2,886 2,561 2,541 2,683 2,874 2,678 2,885 2,707 2,809 2,592 2,845 2,307 1,864 1,651 1,745 1,613
Sales per share2 10.71 7.96 5.17 24.08 23.50 22.35 21.33 21.90 21.71 21.26 21.95 21.39 21.09 20.45 20.87 20.14 18.35 16.59 14.49 18.00 0.00 0.00 0.00
Share price1, 3 10.43 14.59 19.83 27.73 25.60 27.87 37.95 55.29 20.93 21.12 20.85 24.67 31.03 29.54 29.26 29.08 32.98 25.65 23.82 24.32 17.31 23.73 26.66
Valuation Ratio
P/S ratio4 0.97 1.83 3.83 1.15 1.09 1.25 1.78 2.53 0.96 0.99 0.95 1.15 1.47 1.44 1.40 1.44 1.80 1.55 1.64 1.35
Benchmarks
P/S Ratio, Competitors5
Alphabet Inc. 4.35 5.33 5.60 7.60 8.13 8.26 8.11 7.65 6.39 6.08 5.49 6.14
Comcast Corp. 1.14 1.43 1.55 1.95 2.08 2.45 2.49 2.28 1.89 1.89 1.58 1.84
Meta Platforms Inc. 2.20 3.62 4.65 5.49 7.82 9.64 9.90 8.78 9.49 9.62 7.95 8.45
Netflix Inc. 3.79 3.21 3.19 5.78 10.10 8.21 8.55 9.54 9.00 9.79 8.91 7.47
Walt Disney Co. 2.53 2.50 3.67 4.08 5.12 5.55 5.70 4.13 3.04 2.33 3.48 3.81 3.95 4.07 2.83 2.83

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2022 Calculation
Sales per share = (RevenuesQ3 2022 + RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021) ÷ No. shares of common stock outstanding
= (9,823,000,000 + 9,827,000,000 + 3,159,000,000 + 3,187,000,000) ÷ 2,428,396,015 = 10.71

3 Closing price as at the filing date of Warner Bros. Discovery Inc. Quarterly or Annual Report.

4 Q3 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 10.43 ÷ 10.71 = 0.97

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Warner Bros. Discovery Inc. P/S ratio decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Price to Book Value (P/BV)

Warner Bros. Discovery Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 2,428,396,015 2,427,592,861 2,426,844,405 506,245,821 505,865,890 505,745,608 505,312,656 487,334,195 491,003,517 506,888,843 506,693,601 520,922,321 525,316,382 537,620,883 524,914,811 523,978,060 523,500,227 522,424,063 522,142,701 381,907,924 379,055,222 378,967,429 384,572,732
Selected Financial Data (US$)
Total Warner Bros. Discovery, Inc. stockholders’ equity (in millions) 48,517 51,383 11,969 11,599 11,611 11,538 10,815 10,464 10,087 9,867 9,470 9,891 9,518 9,621 8,708 8,386 8,116 7,936 7,889 4,610 5,740 5,526 5,335
Book value per share (BVPS)2 19.98 21.17 4.93 22.91 22.95 22.81 21.40 21.47 20.54 19.47 18.69 18.99 18.12 17.90 16.59 16.00 15.50 15.19 15.11 12.07 15.14 14.58 13.87
Share price1, 3 10.43 14.59 19.83 27.73 25.60 27.87 37.95 55.29 20.93 21.12 20.85 24.67 31.03 29.54 29.26 29.08 32.98 25.65 23.82 24.32 17.31 23.73 26.66
Valuation Ratio
P/BV ratio4 0.52 0.69 4.02 1.21 1.12 1.22 1.77 2.57 1.02 1.08 1.12 1.30 1.71 1.65 1.76 1.82 2.13 1.69 1.58 2.01 1.14 1.63 1.92
Benchmarks
P/BV Ratio, Competitors5
Alphabet Inc. 4.84 5.80 5.96 7.78 7.95 7.66 6.93 6.27 5.15 4.87 4.50 4.94 4.47 4.51 4.50
Comcast Corp. 1.72 1.90 1.97 2.36 2.48 2.81 2.80 2.61 2.29 2.39 2.11 2.43 2.61 2.64 2.60
Meta Platforms Inc. 2.09 3.43 4.52 5.18 6.59 7.31 6.99 5.88 6.37 6.54 5.54 5.91 5.81 6.45 6.38
Netflix Inc. 5.81 5.22 5.53 10.83 18.89 16.34 17.51 21.56 20.75 23.74 22.69 19.86 17.58 22.60 27.62
Walt Disney Co. 2.22 2.11 2.98 3.11 3.76 3.79 4.12 3.23 2.47 2.02 2.91 2.98 2.82 2.70 3.34 3.45 3.76 3.36 3.69

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2022 Calculation
BVPS = Total Warner Bros. Discovery, Inc. stockholders’ equity ÷ No. shares of common stock outstanding
= 48,517,000,000 ÷ 2,428,396,015 = 19.98

3 Closing price as at the filing date of Warner Bros. Discovery Inc. Quarterly or Annual Report.

4 Q3 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 10.43 ÷ 19.98 = 0.52

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Warner Bros. Discovery Inc. P/BV ratio decreased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.