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 |
|---|---|---|
| 2021 | 33.1 | 12.11% |
| 2020 | 29.5 | 11.7% |
| 2019 | 26.4 | 8.32% |
| 2018 | 24.4 | -96.97% |
| 2017 | 805 | 3775.35% |
| 2016 | 20.8 | -11.87% |
| 2015 | 23.6 | 7.68% |
| 2014 | 21.9 | 15.35% |
| 2013 | 19.0 | 14.78% |
| 2012 | 16.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 31.2 | 19.83% | 🇺🇸 USA |
 Agilent Technologies A | 29.6 | 13.75% | 🇺🇸 USA |
 General Electric GE | -223 | -956.23% | 🇺🇸 USA |
 Mettler-Toledo
MTD | 39.4 | 51.52% | 🇺🇸 USA |
 Danaher DHR | 27.0 | 3.83% | 🇺🇸 USA |
 PerkinElmer
PKI | 27.8 | 6.92% | 🇺🇸 USA |
 Bruker BRKR | 41.2 | 58.40% | 🇺🇸 USA |
 Bio-Rad Laboratories BIO | -3.79 | -114.57% | 🇺🇸 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.