WAT Waters PE ratio, current and historical analysis

The PE ratio for Waters stock stands at 27.39 as of Jul 25, 2025. This is calculated based on the TTM EPS of $11.06 and the stock price of $302.95 per share. A decrease of 16% has been observed in the PE ratio compared to its average of 32.5 of the past four quarters.

WAT PE ratio history

How has WAT's PE ratio performed in the past

Over the last ten years, the average PE ratio of Waters has been 71.92. The current 27.39 price-to-earnings ratio is 62% 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 Dec 2016 quarter saw the lowest point at 20.8, with a price of $134.39 and an EPS of $6.46.

Today
27.39
Average
71.92
Median
27.34
Minimum
20.8
Maximum
772.76

Waters PE ratio by year

Maximum annual increase: 3,615.19% in 2017

Maximum annual decrease: -96.83% in 2018

Year PE ratio PE change Price EPS
2024 34.51 13.93% $370.98 $10.75
2023 30.29 4.34% $329.23 $10.87
2022 29.03 -12.35% $342.58 $11.8
2021 33.12 12.46% $372.6 $11.25
2020 29.45 10.42% $247.42 $8.4
2019 26.67 8.99% $233.65 $8.76
2018 24.47 -96.83% $188.65 $7.71
2017 772.76 3,615.19% $193.19 $0.25
2016 20.8 -11.9% $134.39 $6.46
2015 23.61 7.22% $134.58 $5.7
2014 22.02 16.02% $112.72 $5.12
2013 18.98 14.41% $100 $5.27
2012 16.59 6.89% $87.12 $5.25
2011 15.52 -17.53% $74.05 $4.77
2010 18.82 2.34% $77.71 $4.13

Waters PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Mar 2025 32.75 -5.1% $362.16 $11.06
Dec 2024 34.51 1.5% $370.98 $10.75
Sep 2024 34 18.01% $357.33 $10.51
Jun 2024 28.81 -14.2% $290.12 $10.07
Mar 2024 33.58 10.86% $344.23 $10.25
Dec 2023 30.29 22.29% $329.23 $10.87
Sep 2023 24.77 5.85% $274.21 $11.07
Jul 2023 23.4 -12.72% $266.54 $11.39
Apr 2023 26.81 -7.65% $309.63 $11.55
Dec 2022 29.03 23.95% $342.58 $11.8
Oct 2022 23.42 -19.77% $269.53 $11.51
Jul 2022 29.19 8.88% $336.89 $11.54
Apr 2022 26.81 -19.05% $308.58 $11.51
Dec 2021 33.12 4.58% $372.6 $11.25
Oct 2021 31.67 -5.12% $355.7 $11.23

WAT Price vs fair value

How does WAT's price compare to its estimated fair value based on its growth

WAT average PE ratio chart

What is the average PE ratio of WAT for the past years

The current PE ratio of WAT is under its 3, 5 and 10-year averages.

3-year avg
29.22
5-year avg
29.35
10-year avg
71.92
15-year avg
54.09

WAT PE vs peers

What is WAT's PE ratio compared to its peers

WAT's PE ratio is below its peer stocks GE and TMO. Waters is currently trading at a lower PE ratio (27.39) than its peers average of 41.77.

Stock name PE ratio Market cap
WAT Waters Corp 27.39 $18.03B
TMO Thermo Fisher Scientific Inc 27.99 $180.56B
A Agilent Technologies Inc 29.53 $34.14B
MTD Mettler Toledo International Inc 31.42 $26.27B
GE General Electric Co 37.56 $288B
DHR Danaher Corp 43.44 $147.13B
BRKR Bruker Corp 80.65 $6.36B
BIO Bio-Rad Laboratories Inc N/A $7.19B
HBIO Harvard Bioscience Inc N/A $24.97M

Frequently asked questions

What is Waters's PE ratio?

The price to earnings ratio for WAT stock is 27.39 as of Jul 25, 2025.

What is the 3-year average PE ratio for Waters (WAT)?

The average PE ratio for WAT stock over the past 3 years is 29.22.

What is the 5-year average PE ratio for Waters (WAT)?

The average PE ratio for WAT stock over the past 5 years is 29.35.

What is the highest PE ratio for WAT?

Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 772.76.

How does the current PE ratio for WAT compare to its historical average?

The current PE ratio of WAT is 62% lower than the 10-year historical average.

How is WAT's PE ratio calculated (Waters PE ratio formula)?

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 (Jul 25, 2025), Waters's share price is $302.95. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $11.06. Therefore, Waters's price to earnings ratio for today is 27.39. PE RATIO(27.39) = STOCK PRICE($302.95) / TTM EPS($11.06)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.