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Watts Water Technologies (Watts Water Technologies) Shiller PE Ratio

: 53.23 (As of Today)
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As of today (2024-04-19), Watts Water Technologies's current share price is $199.63. Watts Water Technologies's E10 for the quarter that ended in Dec. 2023 was $3.75. Watts Water Technologies's Shiller PE Ratio for today is 53.23.

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

WTS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.01   Med: 51.61   Max: 89.14
Current: 53.19

During the past years, Watts Water Technologies's highest Shiller PE Ratio was 89.14. The lowest was 26.01. And the median was 51.61.

WTS's Shiller PE Ratio is ranked worse than
79.98% of 1698 companies
in the Industrial Products industry
Industry Median: 24.875 vs WTS: 53.19

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 $1.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.75 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only 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 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 Premium Member Only Premium Member Only Premium Member Only 47.48 51.52 53.12 47.62 55.51

Competitive Comparison

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 Shiller PE Ratio Distribution

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
=199.63/3.75
=53.23

* 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)
=1.67/129.4194*129.4194
=1.670

Current CPI (Dec. 2023) = 129.4194.

Watts Water Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.400 99.695 0.519
201406 0.600 100.560 0.772
201409 0.640 100.428 0.825
201412 -0.220 99.070 -0.287
201503 0.330 99.621 0.429
201506 0.550 100.684 0.707
201509 -0.730 100.392 -0.941
201512 -3.410 99.792 -4.422
201603 0.470 100.470 0.605
201606 0.830 101.688 1.056
201609 0.630 101.861 0.800
201612 0.510 101.863 0.648
201703 0.630 102.862 0.793
201706 0.790 103.349 0.989
201709 0.770 104.136 0.957
201712 -0.070 104.011 -0.087
201803 0.820 105.290 1.008
201806 1.050 106.317 1.278
201809 0.920 106.507 1.118
201812 0.850 105.998 1.038
201903 0.910 107.251 1.098
201906 1.060 108.070 1.269
201909 0.940 108.329 1.123
201912 0.930 108.420 1.110
202003 0.940 108.902 1.117
202006 0.590 108.767 0.702
202009 0.970 109.815 1.143
202012 0.860 109.897 1.013
202103 1.230 111.754 1.424
202106 1.110 114.631 1.253
202109 1.370 115.734 1.532
202112 1.180 117.630 1.298
202203 1.610 121.301 1.718
202206 2.070 125.017 2.143
202209 1.750 125.227 1.809
202212 2.050 125.222 2.119
202303 1.930 127.348 1.961
202306 2.260 128.729 2.272
202309 1.960 129.860 1.953
202312 1.670 129.419 1.670

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  (NYSE:WTS) 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 (Watts Water Technologies) 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.
Executives
Kenneth Robert Lepage officer: General Counsel WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Shashank Patel officer: Chief Financial Officer 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Elie Melhem officer: President, Asia WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Joseph T Noonan director WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Timothy P Horne director, 10 percent owner WATTS INDUSTRIES INC, ROUTE 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Pagano Robert J Jr officer: President and CEO WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Andre Dhawan officer: Chief Operating Officer WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Monica Barry officer: Chief HR Officer WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Munish Nanda officer: President, Americas 1133 WESTCHESTER AVENUE, C/O ITT CORPORATION, WHITE PLAINS NY 10604
Michael J. Dubose director WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Todd A Trapp officer: Chief Financial Officer C/O WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
David A. Dunbar director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Jes Munk Hansen director 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Jennifer Congdon officer: Chief HR Officer WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845