The PE ratio for Waters stock stands at 28.64 as of Apr 26, 2024. This is calculated based on the TTM EPS of $10.87 and the stock price of $311.3 per share. An increase of 9% has been observed in the PE ratio compared to its average of 26.3 of the past four quarters.
Over the last ten years, the average PE ratio of Waters has been 70.54. The current 28.64 price-to-earnings ratio is 59% less than the historical average. Analyzing the last ten years, WAT's PE ratio reached its highest point in the Dec 2017 quarter at 772.76, with a price of $193.19 and an EPS of $0.25. The Sep 2014 quarter saw the lowest point at 20.03, with a price of $100.14 and an EPS of $5.
Maximum annual increase: 3,615.19% in 2017
Maximum annual decrease: -96.83% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 30.29 | 4.34% |
| 2022 | 29.03 | -12.35% |
| 2021 | 33.12 | 12.46% |
| 2020 | 29.45 | 10.42% |
| 2019 | 26.67 | 8.99% |
| 2018 | 24.47 | -96.83% |
| 2017 | 772.76 | 3,615.19% |
| 2016 | 20.8 | -11.9% |
| 2015 | 23.61 | 7.22% |
| 2014 | 22.02 | 16.02% |
The current PE ratio of WAT is above its 3 and 5-year averages, but it is under its 10-year average.
WAT's PE ratio is less than its peer stocks TMO and DHR, but it is above BRKR's. Waters is currently trading at a lower PE ratio (28.64) than its peers average of 37.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BRKR Bruker Corp | 27.73 | $11.15B |
| WAT Waters Corp | 28.64 | $18.43B |
| A Agilent Technologies Inc | 32.64 | $40.37B |
| MTD Mettler Toledo International Inc | 34.3 | $26.59B |
| TMO Thermo Fisher Scientific Inc | 36.96 | $218.72B |
| DHR Danaher Corp | 41.37 | $182.64B |
| GE General Electric Co | 52.54 | $177.71B |
| BIO Bio-Rad Laboratories Inc | N/A | $7.87B |
| HBIO Harvard Bioscience Inc | N/A | $157.11M |
The price to earnings ratio for WAT stock is 28.64 as of Apr 26, 2024.
The average PE ratio for WAT stock over the past 3 years is 28.36.
The average PE ratio for WAT stock over the past 5 years is 27.37.
Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 772.76.
The current PE ratio of WAT is 59% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 26, 2024), Waters's share price is $311.3. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $10.87. Therefore, Waters's price to earnings ratio for today is 28.64. PE RATIO(28.64) = STOCK PRICE($311.3) / TTM EPS($10.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.