The PE ratio for Waters stock stands at 25.36 as of Nov 29, 2023. This is calculated based on the TTM EPS of $11.03 and the stock price of $279.74 per share. A decrease of 2.6% has been observed in the PE ratio compared to its average of 26.0 of the past four quarters.
Over the last ten years, the average PE ratio of Waters has been 69.07. The current 25.36 price-to-earnings ratio is 63% 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 2013 quarter saw the lowest point at 18.98, with a price of $100 and an EPS of $5.27.
Maximum annual increase: 3,615.19% in 2017
Maximum annual decrease: -96.83% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 18.98 | 14.41% |
The current PE ratio of WAT is under its 3, 5 and 10-year averages.
WAT's PE ratio is less than its peer stocks TMO and DHR, but it is above GE's. Waters is currently trading at a lower PE ratio (25.36) than its peers average of 27.37.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GE General Electric Co | 13.36 | $129.37B |
| WAT Waters Corp | 25.36 | $16.54B |
| MTD Mettler Toledo International Inc | 27.69 | $23.69B |
| DHR Danaher Corp | 27.71 | $164.43B |
| BRKR Bruker Corp | 30.02 | $9.02B |
| TMO Thermo Fisher Scientific Inc | 32.13 | $190.45B |
| A Agilent Technologies Inc | 33.31 | $37.33B |
| BIO Bio-Rad Laboratories Inc | N/A | $8.87B |
| HBIO Harvard Bioscience Inc | N/A | $185.27M |
The price to earnings ratio for WAT stock is 25.36 as of Nov 29, 2023.
The average PE ratio for WAT stock over the past 3 years is 28.32.
The average PE ratio for WAT stock over the past 5 years is 27.32.
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 63% 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 (Nov 29, 2023), Waters's share price is $279.74. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $11.03. Therefore, Waters's price to earnings ratio for today is 25.36. PE RATIO(25.36) = STOCK PRICE($279.74) / TTM EPS($11.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.