SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Waters Corporation (WAT) trades at a trailing P/E of 29.0, forward P/E of 23.0. Trailing earnings yield is 3.45%, forward earnings yield 4.35%. PEG 57.95. Graham Number is $102.20.
Criteria proven by this page:
- VALUE (54/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
- Forward P/E 23.0 (down from trailing 29.0) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 57.95 — above 2.0 suggests expensive relative to earnings growth.
- Trailing Earnings Yield 3.45% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 4.35% as earnings recover.
- Analyst consensus target $401.00 (+21.2% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 67/100 with 4/7 criteria passed.
SharesGrow 7-Criteria Score
~
VALUE
54/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
75/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — WAT
Valuation Multiples
P/E (TTM)29.0
Forward P/E23.0
PEG Ratio57.95
Forward PEG0.68
P/B Ratio7.27
P/S Ratio5.88
EV/EBITDA19.0
Per Share Data
EPS (TTM)$10.79
Forward EPS (Est.)$14.39
Book Value / Share$43.01
Revenue / Share$53.16
FCF / Share$9.07
Yields & Fair Value
Earnings Yield3.45%
Forward Earnings Yield4.35%
Dividend Yield0.00%
Graham Number$102.20
SharesGrow IV$290.52 (-12.2%)
Analyst Target$401.00 (+21.2%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
20.8 |
1.56 |
4.72 |
5.01 |
- |
| 2017 |
759.0 |
-7.90 |
6.90 |
6.68 |
- |
| 2018 |
24.5 |
0.01 |
9.27 |
6.00 |
- |
| 2019 |
26.7 |
1.96 |
-73.06 |
6.57 |
- |
| 2020 |
29.5 |
-7.17 |
66.18 |
6.50 |
- |
| 2021 |
33.1 |
0.98 |
62.42 |
8.24 |
- |
| 2022 |
29.0 |
5.94 |
40.73 |
6.91 |
- |
| 2023 |
30.3 |
-3.84 |
16.91 |
6.58 |
- |
| 2024 |
34.5 |
-31.26 |
12.04 |
7.44 |
- |
| 2025 |
35.2 |
75.62 |
8.83 |
7.14 |
- |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$6.41 |
$2.17B |
$521.5M |
24.1% |
| 2017 |
$0.25 |
$2.31B |
$20.31M |
0.9% |
| 2018 |
$7.65 |
$2.42B |
$593.79M |
24.5% |
| 2019 |
$8.69 |
$2.41B |
$592.2M |
24.6% |
| 2020 |
$8.36 |
$2.37B |
$521.57M |
22.1% |
| 2021 |
$11.17 |
$2.79B |
$692.84M |
24.9% |
| 2022 |
$11.73 |
$2.97B |
$707.76M |
23.8% |
| 2023 |
$10.84 |
$2.96B |
$642.23M |
21.7% |
| 2024 |
$10.71 |
$2.96B |
$637.83M |
21.6% |
| 2025 |
$10.76 |
$3.17B |
$642.63M |
20.3% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$14.39 |
$14.34 – $14.42 |
$6.42B |
$6.15B – $6.24B |
13 |
| 2027 |
$16.30 |
$15.81 – $17.41 |
$7.09B |
$6.86B – $7.25B |
12 |
| 2028 |
$18.04 |
$16.74 – $20.12 |
$7.5B |
$7.5B – $7.52B |
4 |
| 2029 |
$20.16 |
$19.64 – $20.48 |
$8.05B |
$7.88B – $8.16B |
2 |
| 2030 |
$21.30 |
$20.74 – $21.62 |
$8.35B |
$8.18B – $8.46B |
2 |
