WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
Railroad Equipment
Latest Price
$290.86
TTM P/E
39.09
Normalized P/E
53.82
Div Yield
0.39%
Book Value
66.16
P/B Ratio
4.40
Valuation metrics
adjust assumptions →EPS: $6.83
Book value / share: $65.31
Formula: √(22.5 × EPS × BVPS)
Graham Number
$100.18
66% downside
Norm. op. income: $1.0B (median of 7yr)
Tax rate: 25%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$16.63
94% downside
Base FCF: $1.0B (median of recent 5yr)
Growth: 4%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$67.94
77% downside
EPS: $6.83
Target P/E: 54×
Formula: EPS × P/E
P/E Fair Value
$368.82
+27% upside
Institutional Ownership
89.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| FMR LLC | 19.72M | $4.93B | 11.66% | +811.5K | 2026-03-31 |
| BlackRock, Inc. | 13.74M | $3.43B | 8.12% | +315.2K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.08M | $2.77B | 6.55% | -- | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 8.00M | $2.00B | 4.73% | +37.3K | 2026-03-31 |
| STATE STREET CORP | 7.74M | $1.93B | 4.58% | +82.9K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.16M | $1.79B | 4.23% | -- | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 4.56M | $1.13B | 2.70% | +191.2K | 2026-03-31 |
| NORDEA INVESTMENT MANAGEMENT AB | 3.56M | $863.0M | 2.10% | +486.5K | 2026-03-31 |
| FIL Ltd | 3.50M | $875.0M | 2.07% | -154.6K | 2026-03-31 |
| Select Equity Group, L.P. | 2.92M | $730.0M | 1.73% | -635.8K | 2026-03-31 |