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Waters Corp (WAT)

Laboratory Analytical Instruments

Latest Price
$439.39
TTM P/E
--
Normalized P/E
48.73
Div Yield
--
Book Value
154.66
P/B Ratio
2.84

Valuation metrics

adjust assumptions →
EPS: $10.76
Book value / share: $43.01
Formula: √(22.5 × EPS × BVPS)
Graham Number
$102.04
77% 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
76% downside
EPS: $10.76
Target P/E: 49×
Formula: EPS × P/E
P/E Fair Value
$527.24
+20% upside

Institutional Ownership

98.2% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.8.48M$3.18B8.64%-58.1K2026-06-30
Vanguard Capital Management LLC6.42M$2.41B6.53%+36.8K2026-06-30
Vanguard Portfolio Management LLC4.74M$1.78B4.83%-13.7K2026-06-30
Massachusetts Financial Services Co4.63M$2.53B4.71%-5.1K2026-06-30
State Street Corp4.38M$1.64B4.46%+20.0K2026-06-30
T. Rowe Price Investment Management, Inc.3.82M$1.43B3.89%-846.1K2026-06-30
Invesco Ltd.3.49M$1.31B3.56%+1.33M2026-06-30
Alliancebernstein L.P.2.69M$802.0M2.74%+577.9K2026-06-30
Geode Capital Management, LLC2.64M$984.0M2.68%-10.3K2026-06-30
Fundsmith LLP2.27M$852.0M2.31%-938.4K2026-06-30
View all institutional holders →