Waters Corporation
WAT
#912
Rank
$17.68 B
Marketcap
$299.96
Share price
0.60%
Change (1 day)
-7.74%
Change (1 year)

P/E ratio for Waters Corporation (WAT)

P/E ratio as of March 2023 (TTM): 26.0

According to Waters Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.9974. At the end of 2021 the company had a P/E ratio of 33.1.

P/E ratio history for Waters Corporation from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
201216.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.2 19.83%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6 13.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-223-956.23%๐Ÿ‡บ๐Ÿ‡ธ USA
39.4 51.52%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 3.83%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8 6.92%๐Ÿ‡บ๐Ÿ‡ธ USA
41.2 58.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.79-114.57%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.