GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » World Wrestling Entertainment Inc (NYSE:WWE) » Definitions » PB Ratio

World Wrestling Entertainment (World Wrestling Entertainment) PB Ratio : 9.18 (As of May. 06, 2024)


View and export this data going back to 1999. Start your Free Trial

What is World Wrestling Entertainment PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-06), World Wrestling Entertainment's share price is $100.65. World Wrestling Entertainment's Book Value per Share for the quarter that ended in Jun. 2023 was $10.97. Hence, World Wrestling Entertainment's PB Ratio of today is 9.18.

Good Sign:

World Wrestling Entertainment Inc stock PB Ratio (=9.18) is close to 2-year low of 8.94

The historical rank and industry rank for World Wrestling Entertainment's PB Ratio or its related term are showing as below:

WWE' s PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 9.17   Max: 25.52
Current: 9.18

During the past 13 years, World Wrestling Entertainment's highest PB Ratio was 25.52. The lowest was 1.91. And the median was 9.17.

WWE's PB Ratio is not ranked
in the Media - Diversified industry.
Industry Median: 1.46 vs WWE: 9.18

During the past 12 months, World Wrestling Entertainment's average Book Value Per Share Growth Rate was 84.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of World Wrestling Entertainment was 128.10% per year. The lowest was -11.70% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio


World Wrestling Entertainment PB Ratio Historical Data

The historical data trend for World Wrestling Entertainment's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

World Wrestling Entertainment PB Ratio Chart

World Wrestling Entertainment Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.44 18.22 9.73 9.85 9.86

World Wrestling Entertainment Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.51 11.08 9.86 11.58 9.89

Competitive Comparison of World Wrestling Entertainment's PB Ratio

For the Entertainment subindustry, World Wrestling Entertainment's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


World Wrestling Entertainment's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, World Wrestling Entertainment's PB Ratio distribution charts can be found below:

* The bar in red indicates where World Wrestling Entertainment's PB Ratio falls into.



World Wrestling Entertainment PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

World Wrestling Entertainment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=100.65/10.968
=9.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


World Wrestling Entertainment  (NYSE:WWE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


World Wrestling Entertainment PB Ratio Related Terms

Thank you for viewing the detailed overview of World Wrestling Entertainment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


World Wrestling Entertainment (World Wrestling Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1241 East Main Street, Stamford, CT, USA, 06902
World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. Its segments include Media, Live Events, and Consumer Products. The majority of its revenue comes from the Media segment, which includes the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The geographical segments are North America, which accounts for the majority of revenue; Europe/Middle East/Africa; Asia Pacific; and Latin America.
Executives
Karen M Mullane officer: Controller & Chief Accting Off C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11201
Rajan Mehta officer: EVP, Chief Product & Tech Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Suzette Ramirez-carr officer: EVP, Chief Human Resources Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Steven R Koonin director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Mckenna Michelle director 20 DAVIS DRIVE, BELMONT CA 94002
Nick Khan director, officer: Chief Executive Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Maurice F Edelson officer: EVP, Chief Legal Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Dillon Joellen Lyons director BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HARTFORDSHIRE X0 AL 109UL
Riddick Frank A Iii officer: President & CFO C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Ignace Lahoud director 1241 EAST MAIN STREET, STAMFORD CT 06902
Kevin Dunn officer: Exec Prod. & Chief Glob. Telev 1241 EST MAIN STREET, STAMFORD CT 06902
Elisebeth Collins officer: SVP General Counsel & Corp Sec 1241 EAST MAIN STREET, STAMFORD CT 06902
Bradley Blum officer: EVP, Operations & COS 1241 EAST MAIN STREET, STAMFORD CT 06902
Samira Shah officer: EVP, General Counsel & Corp Se 1241 EAST MAIN STREET, STAMFORD CT 06902

World Wrestling Entertainment (World Wrestling Entertainment) Headlines