Willis Towers Watson PLC (WTW)

Insurance Agents, Brokers & Service

Latest Price

$288.23

TTM P/E

17.86

Normalized P/E

23.40

Div Yield

1.30%

Book Value

81.40

P/B Ratio

3.54

Valuation metrics

EPS: $16.26

Book value / share: $80.57

Formula: √(22.5 × EPS × BVPS)

Graham Number

$171.68

40% downside

Norm. op. income: $1.2B (median of 5yr)

Tax rate: 18%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$32.57

89% downside

EPS: $16.26

Target P/E: 23×

Formula: EPS × P/E

P/E Fair Value

$373.98

+30% upside