The current PE ratio for Watts Water Technologies stock as of Jul 18, 2025 is 28.73. This is calculated based on the TTM EPS of $8.74 and the stock price of $251.14 per share. The PE ratio marks an increase of 23% from its last 4 quarters average of 23.4.
The average historical PE ratio of Watts Water Technologies for the last nine years is 26.17. The current P/E ratio of 28.73 is 10% higher than the historical average. Looking back at the last nine years, WTS's PE ratio peaked in the Dec 2021 quarter at 39.63, when the price was $194.17 and the EPS was $4.9. 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.
Maximum annual increase: 65.71% in 2013
Maximum annual decrease: -64.8% in 2010
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 23.37 | -11.94% | $203.3 | $8.7 |
2023 | 26.54 | 36.31% | $208.34 | $7.85 |
2022 | 19.47 | -50.87% | $146.23 | $7.51 |
2021 | 39.63 | 9.75% | $194.17 | $4.9 |
2020 | 36.11 | 39.74% | $121.7 | $3.37 |
2019 | 25.84 | 49.36% | $99.76 | $3.86 |
2018 | 17.3 | -51.72% | $64.53 | $3.73 |
2017 | 35.83 | 34.65% | $75.95 | $2.12 |
2016 | 26.61 | N/A | $65.2 | $2.45 |
2015 | N/A | N/A | $49.67 | -$3.24 |
2014 | 44.68 | 19.15% | $63.44 | $1.42 |
2013 | 37.5 | 65.71% | $61.87 | $1.65 |
2012 | 22.63 | 17.74% | $42.99 | $1.9 |
2011 | 19.22 | -17.01% | $34.21 | $1.78 |
2010 | 23.16 | -64.8% | $36.59 | $1.58 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Mar 2025 | 23.34 | -0.13% | $203.98 | $8.74 |
Dec 2024 | 23.37 | -5.84% | $203.3 | $8.7 |
Sep 2024 | 24.82 | 11.8% | $207.51 | $8.36 |
Jun 2024 | 22.2 | -15.49% | $183.37 | $8.26 |
Mar 2024 | 26.27 | -1.02% | $212.55 | $8.09 |
Dec 2023 | 26.54 | 26.74% | $208.34 | $7.85 |
Sep 2023 | 20.94 | -4.12% | $172.32 | $8.23 |
Jun 2023 | 21.84 | 6.69% | $175.12 | $8.02 |
Mar 2023 | 20.47 | 5.14% | $160.3 | $7.83 |
Dec 2022 | 19.47 | 5.53% | $146.23 | $7.51 |
Sep 2022 | 18.45 | -6.91% | $122.48 | $6.64 |
Jun 2022 | 19.82 | -26.46% | $124.05 | $6.26 |
Mar 2022 | 26.95 | -32% | $142.59 | $5.29 |
Dec 2021 | 39.63 | 6.39% | $194.17 | $4.9 |
Sep 2021 | 37.25 | 9.72% | $170.62 | $4.58 |
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
Currently, WTS's PE ratio is higher than its 3, 5 and 10-year averages.
WTS's PE ratio stands lower than its peer stocks CW and GHM, but it is higher than DOV's and MWA's. Watts Water Technologies's current PE ratio of 28.73 is lower than the average of its peers, which is 31.92.
Stock name | PE ratio | Market cap |
---|---|---|
DOV DOVER Corp | 11.27 | $25.81B |
MWA Mueller Water Products Inc | 27.37 | $3.95B |
WTS Watts Water Technologies Inc | 28.73 | $8.38B |
CW Curtiss Wright Corp | 43.18 | $18.39B |
GHM Graham Corp | 45.85 | $562.2M |
As of Jul 18, 2025, WTS stock has a price to earnings ratio of 28.73.
The 3-year average price to earnings ratio for WTS stock is 22.52.
The 5-year average price to earnings ratio for WTS stock is 26.42.
Over the last nine years, the quarterly PE ratio reached its highest level at 39.63 in the Dec 2021 quarter.
The current PE ratio of WTS is 10% higher than the 9-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 18, 2025), Watts Water Technologies's share price is $251.14. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $8.74. Therefore, Watts Water Technologies's PE ratio for today is 28.73. PE RATIO(28.73) = STOCK PRICE($251.14) / TTM EPS($8.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.