Waters Corporation
WAT
#1012
Rank
$17.56 B
Marketcap
$296.10
Share price
0.64%
Change (1 day)
-4.00%
Change (1 year)

P/E ratio for Waters Corporation (WAT)

P/E ratio as of April 2024 (TTM): 25.8

According to Waters Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.8323. At the end of 2022 the company had a P/E ratio of 29.0.

P/E ratio history for Waters Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.0-12.34%
202133.112.11%
202029.511.7%
201926.48.32%
201824.4-96.97%
20178053775.35%
201620.8-11.87%
201523.67.68%
201421.915.35%
201319.014.78%
201216.56.49%
201115.5-17.3%
201018.82.09%
200918.462.54%
200811.3-61.8%
200729.630.02%
200622.86.65%
200521.4-15.11%
200425.25.45%
200323.924.87%
200219.1-56.61%
200144.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.3 36.66%๐Ÿ‡บ๐Ÿ‡ธ USA
34.6 33.86%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9-30.75%๐Ÿ‡บ๐Ÿ‡ธ USA
29.7 15.13%๐Ÿ‡บ๐Ÿ‡ธ USA
29.5 14.09%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-42.06%๐Ÿ‡บ๐Ÿ‡ธ USA
36.2 40.15%๐Ÿ‡บ๐Ÿ‡ธ USA
-49.1-290.19%๐Ÿ‡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.