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Waters (BSP:WATC34) Shiller PE Ratio : 38.25 (As of May. 25, 2024)


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What is Waters Shiller PE Ratio?

As of today (2024-05-25), Waters's current share price is R$394.00. Waters's E10 for the quarter that ended in Mar. 2024 was R$10.30. Waters's Shiller PE Ratio for today is 38.25.

The historical rank and industry rank for Waters's Shiller PE Ratio or its related term are showing as below:

BSP:WATC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.93   Med: 35.84   Max: 63.57
Current: 37.39

During the past years, Waters's highest Shiller PE Ratio was 63.57. The lowest was 24.93. And the median was 35.84.

BSP:WATC34's Shiller PE Ratio is ranked worse than
63.75% of 80 companies
in the Medical Diagnostics & Research industry
Industry Median: 28.545 vs BSP:WATC34: 37.39

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Waters's adjusted earnings per share data for the three months ended in Mar. 2024 was R$2.141. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$10.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waters Shiller PE Ratio Historical Data

The historical data trend for Waters's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waters Shiller PE Ratio Chart

Waters Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.99 40.34 52.28 42.29 37.51

Waters Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.32 31.34 31.67 37.51 38.25

Competitive Comparison of Waters's Shiller PE Ratio

For the Diagnostics & Research subindustry, Waters's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waters's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Waters's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Waters's Shiller PE Ratio falls into.



Waters Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Waters's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=394.00/10.3
=38.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waters's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Waters's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.141/131.7762*131.7762
=2.141

Current CPI (Mar. 2024) = 131.7762.

Waters Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.632 100.560 0.828
201409 0.783 100.428 1.027
201412 1.189 99.070 1.582
201503 0.903 99.621 1.194
201506 0.988 100.684 1.293
201509 1.366 100.392 1.793
201512 1.775 99.792 2.344
201603 1.063 100.470 1.394
201606 1.344 101.688 1.742
201609 1.244 101.861 1.609
201612 1.803 101.863 2.332
201703 1.024 102.862 1.312
201706 1.343 103.349 1.712
201709 1.323 104.136 1.674
201712 -3.657 104.011 -4.633
201803 1.148 105.290 1.437
201806 1.867 106.317 2.314
201809 1.880 106.507 2.326
201812 2.388 105.998 2.969
201903 1.450 107.251 1.782
201906 2.005 108.070 2.445
201909 2.132 108.329 2.593
201912 3.202 108.420 3.892
202003 1.051 108.902 1.272
202006 2.568 108.767 3.111
202009 2.740 109.815 3.288
202012 4.489 109.897 5.383
202103 3.339 111.754 3.937
202106 3.382 114.631 3.888
202109 3.431 115.734 3.907
202112 4.976 117.630 5.574
202203 3.260 121.301 3.542
202206 3.432 125.017 3.618
202209 3.408 125.227 3.586
202212 4.996 125.222 5.258
202303 3.099 127.348 3.207
202306 3.094 128.729 3.167
202309 2.803 129.860 2.844
202312 4.471 129.419 4.552
202403 2.141 131.776 2.141

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Waters  (BSP:WATC34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Waters Shiller PE Ratio Related Terms

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Waters (BSP:WATC34) Business Description

Traded in Other Exchanges
Address
34 Maple Street, Milford, MA, USA, 01757
Water sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. As a percentage of sales in 2022, Waters generated 59% from pharmaceutical customers, 31% from industrial clients, and 10% from academic/government institutions.

Waters (BSP:WATC34) Headlines

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