WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
Railroad Equipment
Latest Price
$278.42
TTM P/E
37.42
Normalized P/E
51.52
Div Yield
0.40%
Book Value
66.16
P/B Ratio
4.21
Valuation metrics
adjust assumptions →EPS: $6.83
Book value / share: $65.31
Formula: √(22.5 × EPS × BVPS)
Graham Number
$100.18
64% 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
76% downside
EPS: $6.83
Target P/E: 52×
Formula: EPS × P/E
P/E Fair Value
$355.16
+28% upside
Institutional Ownership
92.4% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| FMR LLC | 21.38M | $5.76B | 12.65% | +1.66M | 2026-06-30 |
| BlackRock, Inc. | 13.88M | $3.74B | 8.21% | +137.3K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.08M | $2.99B | 6.55% | +2.3K | 2026-06-30 |
| STATE STREET CORP | 7.91M | $2.13B | 4.68% | +164.8K | 2026-06-30 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 7.27M | $1.96B | 4.30% | -731.8K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.17M | $1.93B | 4.24% | +12.8K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 4.52M | $1.21B | 2.67% | -34.5K | 2026-06-30 |
| FIL Ltd | 3.53M | $950.0M | 2.09% | +24.9K | 2026-06-30 |
| NORDEA INVESTMENT MANAGEMENT AB | 3.09M | $835.0M | 1.83% | -462.7K | 2026-06-30 |
| Invesco Ltd. | 2.79M | $753.0M | 1.65% | +662.9K | 2026-06-30 |