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Watts Water Technologies (FRA:W3W) Shiller PE Ratio : 55.49 (As of Apr. 29, 2024)


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What is Watts Water Technologies Shiller PE Ratio?

As of today (2024-04-29), Watts Water Technologies's current share price is €187.00. Watts Water Technologies's E10 for the quarter that ended in Dec. 2023 was €3.37. Watts Water Technologies's Shiller PE Ratio for today is 55.49.

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

FRA:W3W' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.01   Med: 51.63   Max: 89.14
Current: 53.69

During the past years, Watts Water Technologies's highest Shiller PE Ratio was 89.14. The lowest was 26.01. And the median was 51.63.

FRA:W3W's Shiller PE Ratio is ranked worse than
79.9% of 1716 companies
in the Industrial Products industry
Industry Median: 25.01 vs FRA:W3W: 53.69

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.

Watts Water Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.531. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watts Water Technologies Shiller PE Ratio Historical Data

The historical data trend for Watts Water Technologies'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.

Watts Water Technologies Shiller PE Ratio Chart

Watts Water Technologies 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 54.86 61.05 80.38 47.48 55.51

Watts Water Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.48 51.52 53.12 47.62 55.51

Competitive Comparison of Watts Water Technologies's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Watts Water Technologies'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.


Watts Water Technologies's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Watts Water Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Watts Water Technologies's Shiller PE Ratio falls into.



Watts Water Technologies 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.

Watts Water Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=187.00/3.37
=55.49

* 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.

Watts Water Technologies's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Watts Water Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.531/129.4194*129.4194
=1.531

Current CPI (Dec. 2023) = 129.4194.

Watts Water Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.289 99.695 0.375
201406 0.442 100.560 0.569
201409 0.497 100.428 0.640
201412 -0.178 99.070 -0.233
201503 0.305 99.621 0.396
201506 0.490 100.684 0.630
201509 -0.650 100.392 -0.838
201512 -3.130 99.792 -4.059
201603 0.422 100.470 0.544
201606 0.739 101.688 0.941
201609 0.561 101.861 0.713
201612 0.483 101.863 0.614
201703 0.589 102.862 0.741
201706 0.703 103.349 0.880
201709 0.646 104.136 0.803
201712 -0.059 104.011 -0.073
201803 0.665 105.290 0.817
201806 0.899 106.317 1.094
201809 0.788 106.507 0.958
201812 0.747 105.998 0.912
201903 0.805 107.251 0.971
201906 0.938 108.070 1.123
201909 0.854 108.329 1.020
201912 0.837 108.420 0.999
202003 0.851 108.902 1.011
202006 0.524 108.767 0.623
202009 0.824 109.815 0.971
202012 0.707 109.897 0.833
202103 1.033 111.754 1.196
202106 0.921 114.631 1.040
202109 1.165 115.734 1.303
202112 1.044 117.630 1.149
202203 1.462 121.301 1.560
202206 1.958 125.017 2.027
202209 1.768 125.227 1.827
202212 1.935 125.222 2.000
202303 1.803 127.348 1.832
202306 2.086 128.729 2.097
202309 1.837 129.860 1.831
202312 1.531 129.419 1.531

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.


Watts Water Technologies  (FRA:W3W) 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.


Watts Water Technologies Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Watts Water Technologies's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Watts Water Technologies (FRA:W3W) Business Description

Traded in Other Exchanges
Address
815 Chestnut Street, North Andover, MA, USA, 01845
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.

Watts Water Technologies (FRA:W3W) Headlines

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