• Warner Music Group average price/book ratio for 2024 was 24.81, a 41.6% decline from 2023.
• Warner Music Group average price/book ratio for 2023 was 42.48, a 43.46% decline from 2022.
• Warner Music Group average price/book ratio for 2022 was 75.13, a 68.78% decline from 2021.

Price/book ratio can be defined as