WATERS CORP /DE/ (WAT)
Laboratory Analytical Instruments
Latest Price
$408.34
TTM P/E
--
Normalized P/E
45.29
Div Yield
--
Book Value
0.17
P/B Ratio
2419.08
Valuation metrics
adjust assumptions →EPS: $10.76
Book value / share: $43.01
Formula: √(22.5 × EPS × BVPS)
Graham Number
$102.04
75% 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
75% downside
EPS: $10.76
Target P/E: 45×
Formula: EPS × P/E
P/E Fair Value
$484.20
+19% upside
Institutional Ownership
98.2% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 8.48M | $3.18B | 8.64% | -58.1K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.42M | $2.41B | 6.53% | +36.8K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.74M | $1.78B | 4.83% | -13.7K | 2026-06-30 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 4.63M | $2.53B | 4.71% | -5.1K | 2026-06-30 |
| STATE STREET CORP | 4.38M | $1.64B | 4.46% | +20.0K | 2026-06-30 |
| T. Rowe Price Investment Management, Inc. | 3.82M | $1.43B | 3.89% | -846.1K | 2026-06-30 |
| Invesco Ltd. | 3.49M | $1.31B | 3.56% | +1.33M | 2026-06-30 |
| ALLIANCEBERNSTEIN L.P. | 2.69M | $802.0M | 2.74% | +577.9K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.64M | $984.0M | 2.68% | -10.3K | 2026-06-30 |
| Fundsmith LLP | 2.27M | $852.0M | 2.31% | -938.4K | 2026-06-30 |