The current PE ratio for Watts Water Technologies stock as of Apr 26, 2024 is 25.67. This is calculated based on the TTM EPS of $7.85 and the stock price of $201.5 per share. The PE ratio marks an increase of 14% from its last 4 quarters average of 22.4.
The average historical PE ratio of Watts Water Technologies for the last ten years is 28.39. The current P/E ratio of 25.67 is 10% 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.
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% |
Currently, WTS's PE ratio is lower than its 3, 5 and 10-year averages.
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 | 17.21 | $24.76B |
| WTS Watts Water Technologies Inc | 25.67 | $6.71B |
| CW Curtiss Wright Corp | 27.43 | $9.71B |
| MWA Mueller Water Products Inc | 31.96 | $2.5B |
| GHM Graham Corp | 109.08 | $307.09M |
As of Apr 26, 2024, WTS stock has a price to earnings ratio of 25.67.
The 3-year average price to earnings ratio for WTS stock is 25.94.
The 5-year average price to earnings ratio for WTS stock is 26.32.
Over the last ten years, the quarterly PE ratio reached its highest level at 44.68 in the Dec 2014 quarter.
The current PE ratio of WTS is 10% lower 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 (Apr 26, 2024), Watts Water Technologies's share price is $201.5. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.85. Therefore, Watts Water Technologies's PE ratio for today is 25.67. PE RATIO(25.67) = STOCK PRICE($201.5) / TTM EPS($7.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.