Watts Water Technologies
WTS
#2302
Rank
S$8.63 B
Marketcap
$258.91
Share price
1.35%
Change (1 day)
0.52%
Change (1 year)

P/E ratio for Watts Water Technologies (WTS)

P/E ratio as of November 2024 (TTM): 23.9

According to Watts Water Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9113. At the end of 2022 the company had a P/E ratio of 19.5.

P/E ratio history for Watts Water Technologies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.5-50.76%
202139.59.51%
202036.139.73%
201925.845.78%
201817.7-50.52%
201735.834.07%
201626.7-275.38%
2015-15.2-134.1%
201444.718.42%
201337.766.73%
201222.617.73%
201119.2-17.53%
201023.3-65.33%
200967.2244.57%
200819.530.92%
200714.9-19.54%
200618.52.71%
200518.0-19.47%
200422.44.93%
200321.364.02%
200213.0-13.28%
200115.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
40.6 69.71%๐Ÿ‡บ๐Ÿ‡ธ USA
44.9 87.90%๐Ÿ‡บ๐Ÿ‡ธ USA
39.2 63.76%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9 8.15%๐Ÿ‡บ๐Ÿ‡ธ USA
135 465.18%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.