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Screener Weekly Summary Pricing

Waters Corporation WAT

Healthcare  —  Diagnostics & Research
433.54 3.24 0.75% as of 25 Sep
Market cap
$42.3B
P/E
108×
S&P 500 Member Insider Buys (last 12m)
Indexes indicate stock being part of an index,
Insider Buys alert about insiders buying in the last 12 month
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Waters Corporation (WAT) P/B ratio

As of 25 September 2026, Waters Corporation (WAT) trades at a P/B ratio of 2.8×. Over the past ten years it has ranged from 0.0× (December 2020) to 134× (December 2019); the current reading is higher than 13% of that period. That is below the Diagnostics & Research industry median of 3.1× and above the Healthcare sector median of 2.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 8.8× (26.71%)
FY2024 12.0× (28.67%)
FY2023 16.9× (58.93%)
FY2022 41.1× (34.17%)
FY2021 62.4× (5.68%)
FY2020 66.2× —
FY2019 0.0× —
FY2018 9.3× 32.58%
FY2017 7.0× 45.99%
FY2016 4.8× (11.04%)

Quarterly

Period P/B ratio Change
Jun 2026 2.4× 51.53%
Mar 2026 1.6× (81.87%)
Dec 2025 8.8× 15.22%
Sep 2025 7.7× (20.38%)
42 more quarters

Against its own ten years

Low 0.0× High 134×
Ten-year median 8.4×
Current reading's percentile 13

P/B ratio against peers

Company P/B ratio
GH Guardant Health, Inc. compare n/m
WAT Waters Corporation 2.8×
DGX Quest Diagnostics Incorporated compare 3.4×
A Agilent Technologies, Inc. compare 6.6×
IQV IQVIA Holdings Inc. compare 7.1×
ILMN Illumina, Inc. compare 14.5×
IDXX IDEXX Laboratories, Inc. compare 25.4×
NTRA Natera, Inc. compare 32.5×
MTD Mettler-Toledo International, Inc. compare 2,372×
Diagnostics & Research industry median 3.1×
Healthcare sector median 2.5×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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