WATERS CORP /DE/ (WAT)
Laboratory Analytical Instruments
Latest Price
$377.31
TTM P/E
--
Normalized P/E
38.01
Div Yield
--
Book Value
0.19
P/B Ratio
2026.37
Valuation metrics
adjust assumptions →EPS: $10.76
Book value / share: $43.01
Formula: √(22.5 × EPS × BVPS)
Graham Number
$102.04
73% downside
Norm. op. income: $818M (median of 7yr)
Tax rate: 15%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$103.44
73% downside
EPS: $10.76
Target P/E: 38×
Formula: EPS × P/E
P/E Fair Value
$408.88
+8% upside
Institutional Ownership
89.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 8.54M | $2.54B | 8.70% | +3.11M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.38M | $1.90B | 6.50% | -- | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.75M | $1.42B | 4.84% | -- | 2026-03-31 |
| T. Rowe Price Investment Management, Inc. | 4.66M | $1.39B | 4.75% | +4.54M | 2026-03-31 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 4.63M | $2.06B | 4.72% | +2.01M | 2026-03-31 |
| STATE STREET CORP | 4.36M | $1.30B | 4.44% | +1.68M | 2026-03-31 |
| Fundsmith LLP | 3.21M | $956.0M | 3.27% | -345.9K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.65M | $785.0M | 2.70% | +1.05M | 2026-03-31 |
| Invesco Ltd. | 2.17M | $645.0M | 2.21% | +1.00M | 2026-03-31 |
| ALLIANCEBERNSTEIN L.P. | 2.12M | $804.0M | 2.16% | +49.8K | 2026-03-31 |