The current PE ratio for Watsco stock as of May 1, 2024 is 32.85. This is calculated based on the TTM EPS of $13.72 and the stock price of $450.71 per share. The PE ratio has grown by 28% from its last 4 quarters average of 25.6.
The average historical PE ratio of Watsco for the last ten years is 26.45. The current P/E ratio of 32.85 is 24% 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 19.82.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HDSN Hudson Technologies Inc | 8.52 | $446.01M |
| WCC Wesco International Inc | 11.14 | $7.87B |
| GWW Ww Grainger Inc | 25.3 | $45.16B |
| LII Lennox International Inc | 26.25 | $16.21B |
| POOL Pool Corp | 27.87 | $13.78B |
| WSO Watsco Inc | 32.85 | $19.95B |
| BECN Beacon Roofing Supply Inc | N/A | $6.15B |
WSO's price to earnings ratio is 32.85 as of May 1, 2024.
Over the last 3 years, the average price to earnings ratio for WSO stock is 24.22.
Over the last 5 years, the average price to earnings ratio for WSO stock is 26.34.
Over the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 34.66.
The current PE ratio of WSO is 24% 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 (May 1, 2024), Watsco's share price is $450.71. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $13.72. Therefore, Watsco's PE ratio for today is 32.85. PE RATIO(32.85) = STOCK PRICE($450.71) / TTM EPS($13.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.