WILLIS TOWERS WATSON PLC (WTW)

Insurance Agents, Brokers & Service

Latest Price

$323.71

TTM P/E

20.06

Normalized P/E

24.71

Div Yield

1.16%

Book Value

80.93

P/B Ratio

4.00

Valuation metrics

EPS: $16.26

Book value / share: $80.57

Formula: √(22.5 × EPS × BVPS)

Graham Number

$171.68

47% 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

90% downside

EPS: $16.26

Target P/E: 25×

Formula: EPS × P/E

P/E Fair Value

$406.50

+26% upside