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WTS Watts Water Technologies PE ratio, current and historical analysis

The current PE ratio for Watts Water Technologies stock as of Jun 12, 2024 is 23.71. This is calculated based on the TTM EPS of $8.09 and the stock price of $191.84 per share. The current PE ratio is about the same compared to the last 4 quarters average.

WTS PE ratio history

How has WTS's PE ratio performed in the past

The average historical PE ratio of Watts Water Technologies for the last ten years is 28.33. The current P/E ratio of 23.71 is 16% lower than the historical average. Looking back at the last ten years, WTS's PE ratio peaked in the Dec 2014 quarter at 44.68, when the price was $63.44 and the EPS was $1.42. The lowest point was in the Dec 2018 quarter, when it reached 17.3 with a price of $64.53 and an EPS of $3.73.

Average
28.33
Median
26.54
Minimum
17.3
Maximum
44.68

Watts Water Technologies PE ratio by year

Maximum annual increase: 49.36% in 2019

Maximum annual decrease: -51.72% in 2018

Year PE ratio Change
2023 26.54 36.31%
2022 19.47 -50.87%
2021 39.63 9.75%
2020 36.11 39.74%
2019 25.84 49.36%
2018 17.3 -51.72%
2017 35.83 34.65%
2016 26.61 N/A
2015 N/A N/A
2014 44.68 19.15%

WTS average PE ratio chart

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

Currently, WTS's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
25.97
5-year avg
26.32
10-year avg
28.33
15-year avg
28.72

WTS PE vs peers

What is WTS's PE ratio compared to its peers

WTS's PE ratio stands lower than its peer stocks CW and MWA, but it is higher than DOV's.

Stock name PE ratio Market cap
DOV DOVER Corp 17.32 $24.93B
WTS Watts Water Technologies Inc 23.74 $6.41B
CW Curtiss Wright Corp 27.53 $10.3B
MWA Mueller Water Products Inc 27.63 $2.75B
GHM Graham Corp 70.52 $321.99M

Frequently asked questions

What is Watts Water Technologies's PE ratio?

As of Jun 12, 2024, WTS stock has a price to earnings ratio of 23.71.

What is the 3-year average PE ratio for Watts Water Technologies (WTS)?

The 3-year average price to earnings ratio for WTS stock is 25.97.

What is the 5-year average PE ratio for Watts Water Technologies (WTS)?

The 5-year average price to earnings ratio for WTS stock is 26.32.

What is the highest PE ratio for WTS?

Over the last ten years, the quarterly PE ratio reached its highest level at 44.68 in the Dec 2014 quarter.

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

The current PE ratio of WTS is 16% lower than the 10-year historical average.

How is WTS's PE ratio calculated (Watts Water Technologies PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 12, 2024), Watts Water Technologies's share price is $191.84. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.09. Therefore, Watts Water Technologies's PE ratio for today is 23.71. PE RATIO(23.71) = STOCK PRICE($191.84) / TTM EPS($8.09)

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