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Waters Corporation (WAT)
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Waters Corporation (WAT) PS Ratio: 7.97

Is Waters Corporation’s P/S ratio high or low?

Waters Corporation's P/S ratio of 7.97 is 17% above its 5-year average of 6.83, around the middle of its 5-year range (4.67–9.88).

The P/S ratio for Waters Corporation (WAT) is 7.97 as of Wednesday, June 10, 2026. It is above its 12-month average by 20.73% (6.60).

WAT PS Ratio Chart

WAT PS Ratio
7.97+13.86% 1Y
Zoom

WAT Average PS Ratio Chart

WAT Current vs Average PS Ratio Chart

WAT PS Ratio Metrics

PS RATIO

7.97

PS RATIO AVG TTM

6.60

PS RATIO AVG 3Y

6.58

PS RATIO AVG 5Y

6.83

PS RATIO AVG 10Y

6.60

PS RATIO AVG 15Y

5.96

PS RATIO AVG 20Y

5.49

CURRENT VS TTM AVG

+20.73%

CURRENT VS 3Y AVG

+21.18%

CURRENT VS 5Y AVG

+16.72%

CURRENT VS 10Y AVG

+20.72%

CURRENT VS 15Y AVG

+33.73%

CURRENT VS 20Y AVG

+45.22%

WAT Competitors' PS Ratio

NAMEMARKET CAPPS RATIOTTM3Y5Y
Waters Corporation (WAT)7.976.606.586.83
Mettler-Toledo International Inc. (MTD)$22.85B5.616.806.987.67
BioNTech SE (BNTX)$21.81B6.647.566.755.47
Veeva Systems Inc. (VEEV)$26.73B8.1913.0513.7616.18
Biogen Inc. (BIIB)$29.00B2.962.432.853.13
DexCom, Inc. (DXCM)$29.24B6.186.439.8113.46
Moderna, Inc. (MRNA)$18.40B8.256.105.207.12
IQVIA Holdings Inc. (IQV)$30.60B1.872.072.422.72
Hologic, Inc. (HOLX)$16.97B4.163.834.273.99
Centene Corporation (CNC)$31.94B0.160.110.190.25

P/S vs. its own history

At 7.97, P/S is richer than usual — richer than 97% of its 20-year range.

20-year low

1.91

median

5.33

20-year high

9.88

cheaperricher

Sales Valuation

P/S Ratio

7.97

Market Cap / Annual Revenue

Waters Corporation PS Ratio Formula & Definition

PS Ratio = Market Cap / Revenue (TTM)

The price-to-sales ratio compares market capitalization to trailing revenue. It is useful for valuing companies with little or no earnings.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Waters Corporation PS Ratio FAQ

What is the P/S ratio for Waters Corporation (WAT)?
The P/S ratio for WAT stock is 7.97.
Is Waters Corporation's P/S ratio high or low?
Waters Corporation's P/S ratio of 7.97 is 17% above its 5-year average of 6.83, around the middle of its 5-year range (4.67–9.88).
What is the TTM average P/S ratio for Waters Corporation (WAT)?
The TTM average P/S ratio for WAT stock is 6.60.
What is the 3Y average P/S ratio for Waters Corporation (WAT)?
The 3Y average P/S ratio for WAT stock is 6.58.
What is the 5Y average P/S ratio for Waters Corporation (WAT)?
The 5Y average P/S ratio for WAT stock is 6.83.
What is the 10Y average P/S ratio for Waters Corporation (WAT)?
The 10Y average P/S ratio for WAT stock is 6.60.
What is the 15Y average P/S ratio for Waters Corporation (WAT)?
The 15Y average P/S ratio for WAT stock is 5.96.
What is the 20Y average P/S ratio for Waters Corporation (WAT)?
The 20Y average P/S ratio for WAT stock is 5.49.

Waters Corporation PS Ratio History

DATEPS RATIO
2026-06-107.97
2026-06-098.09
2026-06-087.92
2026-06-057.96
2026-06-048.20
2026-06-038.27
2026-06-028.10
2026-06-018.24
2026-05-298.36
2026-05-287.99
2026-05-277.45
2026-05-267.38
2026-05-227.46
2026-05-217.43
2026-05-207.44
2026-05-197.26
2026-05-187.24
2026-05-157.17
2026-05-147.26
2026-05-137.30
2026-05-127.67
2026-05-116.57
2026-05-086.71
2026-05-076.62
2026-05-066.60
2026-05-056.47
2026-05-045.70
2026-05-015.80
2026-04-305.84
2026-04-295.52
2026-04-285.68
2026-04-275.66
2026-04-245.85
2026-04-235.88
2026-04-226.31
2026-04-216.33
2026-04-206.34
2026-04-176.19
2026-04-166.02
2026-04-156.16
2026-04-146.25
2026-04-136.13
2026-04-106.04
2026-04-096.00
2026-04-086.01
2026-04-075.80
2026-04-065.74
2026-04-025.74
2026-04-015.66
2026-03-315.62
2026-03-305.54
2026-03-275.46
2026-03-265.67
2026-03-255.71
2026-03-245.70
2026-03-235.70
2026-03-205.65
2026-03-195.66
2026-03-185.57
2026-03-175.61
2026-03-165.48
2026-03-135.41
2026-03-125.35
2026-03-115.62
2026-03-105.66
2026-03-095.77
2026-03-065.71
2026-03-055.96
2026-03-046.02
2026-03-035.89
2026-03-025.80
2026-02-276.03
2026-02-266.10
2026-02-256.03
2026-02-246.16
2026-02-236.19
2026-02-206.40
2026-02-196.31
2026-02-186.29
2026-02-176.17
2026-02-136.21
2026-02-126.14
2026-02-116.32
2026-02-106.28
2026-02-096.30
2026-02-067.32
2026-02-057.24
2026-02-047.38
2026-02-037.28
2026-02-027.28
2026-01-307.12
2026-01-297.20
2026-01-287.39
2026-01-277.49
2026-01-267.50
2026-01-237.53
2026-01-227.69
2026-01-217.62
2026-01-207.37
2026-01-167.44
2026-01-157.58
2026-01-147.55
2026-01-137.56
2026-01-127.56
2026-01-097.62
2026-01-087.61
2026-01-077.67
2026-01-067.69
2026-01-057.58
2026-01-027.33
2025-12-317.29
2025-12-307.37
2025-12-297.39
2025-12-267.41
2025-12-247.39
2025-12-237.36
2025-12-227.37
2025-12-197.26
2025-12-187.22
2025-12-177.24
2025-12-167.27
2025-12-157.40
2025-12-127.40
2025-12-117.53
2025-12-107.60
2025-12-097.41
2025-12-087.54
2025-12-057.58
2025-12-047.61
2025-12-037.63
2025-12-027.65
2025-12-017.64
2025-11-287.74
2025-11-267.82
2025-11-257.92
2025-11-247.67
2025-11-217.56
2025-11-207.27
2025-11-197.22
2025-11-187.23
2025-11-177.26
2025-11-147.28
2025-11-137.28
2025-11-127.44
2025-11-117.41
2025-11-107.23
2025-11-077.14
2025-11-067.13
2025-11-057.14
2025-11-047.05
2025-11-036.77
2025-10-316.85
2025-10-306.72
2025-10-296.73
2025-10-286.78
2025-10-276.89
2025-10-247.04
2025-10-236.97
2025-10-226.83
2025-10-216.84
2025-10-206.72
2025-10-176.55
2025-10-166.56
2025-10-156.51
2025-10-146.52
2025-10-136.59
2025-10-106.48
2025-10-096.47
2025-10-086.42
2025-10-076.23
2025-10-066.42
2025-10-036.43
2025-10-026.30
2025-10-016.26
2025-09-305.87
2025-09-295.67
2025-09-265.71
2025-09-255.64
2025-09-245.73
2025-09-235.86
2025-09-225.92
2025-09-195.89
2025-09-186.00
2025-09-175.95
2025-09-165.94
2025-09-155.86
2025-09-125.79
2025-09-115.92
2025-09-105.74
2025-09-095.89
2025-09-086.06
2025-09-056.00
2025-09-045.87
2025-09-035.68
2025-09-025.81
2025-08-295.91
2025-08-285.83
2025-08-275.77
2025-08-265.80
2025-08-255.85
2025-08-225.92
2025-08-215.69
2025-08-205.81
2025-08-195.83
2025-08-185.67
2025-08-155.71
2025-08-145.75
2025-08-135.81
2025-08-125.59
2025-08-115.47
2025-08-085.51
2025-08-075.44
2025-08-065.44
2025-08-055.51
2025-08-045.59
2025-08-015.81
2025-07-315.78
2025-07-305.99
2025-07-296.07
2025-07-286.05
2025-07-256.06
2025-07-245.97
2025-07-235.92
2025-07-225.75
2025-07-215.64
2025-07-185.76
2025-07-175.94
2025-07-165.80
2025-07-155.80
2025-07-146.09
2025-07-117.06
2025-07-107.07
2025-07-096.99
2025-07-086.96
2025-07-076.94
2025-07-037.01
2025-07-027.04
2025-07-017.15
2025-06-306.99
2025-06-277.05
2025-06-267.10
2025-06-257.01
2025-06-246.94
2025-06-236.86
2025-06-206.86
2025-06-186.79
2025-06-176.83
2025-06-166.96
2025-06-136.85
2025-06-127.00
2025-06-116.93
2025-06-107.00
2025-06-096.97
2025-06-067.03
2025-06-056.93
2025-06-047.07
2025-06-036.99
2025-06-026.88
2025-05-306.99
2025-05-297.11

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Waters Corporation

Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.

Milford, MA
7,600 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Udit Batra