Watsco (Watsco) Price-to-Owner-Earnings

: 34.17 (As of Today)

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As of today (2024-04-20), Watsco's share price is $424.75. Watsco's Owner Earnings per Share (TTM) ended in Dec. 2023 was $12.43. It's Price-to-Owner-Earnings for today is 34.17.

The historical rank and industry rank for Watsco's Price-to-Owner-Earnings or its related term are showing as below:

WSO.B' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 14.28 Med: 33.92 Max: 234.85
Current: 34.17

During the past 13 years, the highest Price-to-Owner-Earnings of Watsco was 234.85. The lowest was 14.28. And the median was 33.92.

WSO.B's Price-to-Owner-Earnings is ranked worse than
87.64% of 89 companies
in the Industrial Distribution industry
Industry Median: 11.92 vs WSO.B: 34.17

As of today (2024-04-20), Watsco's share price is $424.75. Watsco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $13.52. Therefore, Watsco's PE Ratio for today is 31.41.

As of today (2024-04-20), Watsco's share price is $424.75. Watsco's EPS without NRI for the trailing twelve months (TTM) ended in was $13.66. Therefore, Watsco's PE Ratio without NRI for today is 31.09.

During the past 13 years, Watsco's highest PE Ratio without NRI was 40.90. The lowest was 17.62. And the median was 27.27.

Watsco Price-to-Owner-Earnings Historical Data

The historical data trend for Watsco's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Watsco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Owner-Earnings

25.42

18.15

49.01

21.77

36.87

Watsco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Owner-Earnings																21.77	24.69	54.29	42.70	36.87

Competitive Comparison

For the Industrial Distribution subindustry, Watsco's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Watsco Price-to-Owner-Earnings Distribution

For the Industrial Distribution industry and Industrials sector, Watsco's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Watsco's Price-to-Owner-Earnings falls into.

Watsco Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Watsco's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings	=	Share Price	/	Owner Earnings per Share (TTM)
	=	424.75	/	12.43
	=	34.17

Watsco (NYSE:WSO.B) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.

Watsco Price-to-Owner-Earnings Related Terms

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Watsco (Watsco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Watsco Inc (NYSE:WSO.B) » Definitions » Price-to-Owner-Earnings

Comparable Companies

Traded in Other Exchanges

WSO:USA WC30:Germany WC3:Germany WC3:Germany

Address

2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133

Website

https://www.watsco.com

Watsco is the largest heating, ventilation, air-conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (91% of 2022 revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America and the Caribbean (4% of sales). The company's customer base consists of more than 120,000 dealers and contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.