The current PE ratio for Watsco stock as of Jul 25, 2024 is 37.63. This is calculated based on the TTM EPS of $13.04 and the stock price of $490.64 per share. The PE ratio has grown by 31% from its last 4 quarters average of 28.7.
The average historical PE ratio of Watsco for the last ten years is 26.62. The current P/E ratio of 37.63 is 41% higher than the historical average. Looking back at the last ten years, WSO's PE ratio peaked in the Sep 2020 quarter at 34.66, when the price was $232.89 and the EPS was $6.72. The lowest point was in the Dec 2022 quarter, when it reached 16.13 with a price of $249.4 and an EPS of $15.46.
Maximum annual increase: 93.61% in 2023
Maximum annual decrease: -44.17% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 31.23 | 93.61% |
| 2022 | 16.13 | -44.17% |
| 2021 | 28.89 | -10.36% |
| 2020 | 32.23 | 16.48% |
| 2019 | 27.67 | 29.24% |
| 2018 | 21.41 | -26.85% |
| 2017 | 29.27 | 1.95% |
| 2016 | 28.71 | 20.33% |
| 2015 | 23.86 | -3.44% |
| 2014 | 24.71 | -5.07% |
The current PE ratio of WSO is higher than its 3, 5 and 10-year averages.
In comparison to its peer stocks GWW and LII, WSO's PE ratio is higher. Watsco's PE ratio is trading above the peer average of 21.36.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HDSN Hudson Technologies Inc | 8.95 | $411.19M |
| WCC Wesco International Inc | 13.9 | $8.67B |
| GWW Ww Grainger Inc | 26.67 | $47.61B |
| POOL Pool Corp | 28.84 | $14.26B |
| LII Lennox International Inc | 31.59 | $20.41B |
| WSO Watsco Inc | 39.15 | $20.58B |
| BECN Beacon Roofing Supply Inc | N/A | $6.43B |
WSO's price to earnings ratio is 37.63 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for WSO stock is 24.37.
Over the last 5 years, the average price to earnings ratio for WSO stock is 26.75.
The current PE of 37.63 represents the highest historical value in the last ten years.
The current PE ratio of WSO is 41% higher than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Watsco's share price is $490.64. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13.04. Therefore, Watsco's PE ratio for today is 37.63. PE RATIO(37.63) = STOCK PRICE($490.64) / TTM EPS($13.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.