P/E ratio for Waters Corporation (WAT)

P/E ratio history for Waters Corporation from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
PerkinElmer PKI	15.0	-50.57%	🇺🇸 USA
Thermo Fisher Scientific TMO	30.9	2.08%	🇺🇸 USA
Mettler-Toledo MTD	27.5	-9.17%	🇺🇸 USA
Bruker BRKR	17.5	-42.08%	🇺🇸 USA
Bio-Rad Laboratories BIO	-41.2	-236.06%	🇺🇸 USA
Agilent Technologies A	29.1	-3.89%	🇺🇸 USA
Danaher DHR	24.9	-17.91%	🇺🇸 USA
General Electric GE	22.3	-26.42%	🇺🇸 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.