Start with its own history
At 18.99×, WTW is 33.7% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · WTWInsurance - BrokersUpdated Nov 5, 2026
Willis Towers Watson Public Limited Company P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
18.99×
33.7% belowthe 9-observation annual average
Share price337.37
÷Earnings per share17.77
Price and EPS in quote currency. Calculation details
Investors are paying 18.99 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 28.63×
3-year average22.06×2 positive annual observations
5-year average21.77×4 positive annual observations
10-year average28.63×9 positive annual observations
Peer median · TTM25.08×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 20.11× | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | 24.00× | -11.7% |
| Dec 31, 2022 | 27.18× | +71.9% |
| Dec 31, 2021 | 15.81× | -42.4% |
| Dec 31, 2020 | 27.43× | +9.1% |
| Dec 31, 2019 | 25.15× | -12.1% |
| Dec 31, 2018 | 28.60× | -20.1% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 35.79× | -33.3% |
| Dec 31, 2016 | 53.63× | +128.8% |
| Dec 31, 2015 | 23.44× | +6.2% |
| Dec 31, 2014 | 22.06× | +2.8% |
| Dec 31, 2013 | 21.46× | N/M |
| Dec 31, 2012 | N/M | N/M |
| Dec 31, 2011 | 33.15× | +156.6% |
| Dec 31, 2010 | 12.92× | +27.8% |
| Dec 31, 2009 | 10.11× | -16.7% |
| Dec 31, 2008 | 12.14× | -9.9% |
| Dec 31, 2007 | 13.46× | -3.0% |
| Dec 31, 2006 | 13.88× | -34.2% |
| Dec 31, 2005 | 21.09× | +31.1% |
| Dec 31, 2004 | 16.09× | +13.4% |
| Dec 31, 2003 | 14.19× | -29.2% |
| Dec 31, 2002 | 20.04× | -99.1% |
| Dec 31, 2001 | 2353.96× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How WTW compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 WTW This stockWillis Towers Watson Public Limited Company | 18.99× |
 MRSHMarsh & McLennan Companies, Inc. | 25.08× |
 AJGArthur J. Gallagher & Co. | 43.63× |
 AONAon plc | 18.77× |
 BROBrown & Brown, Inc. | 20.19× |
 BWINThe Baldwin Insurance Group, Inc. | N/M |
 CRVLCorVel Corporation | 36.71× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does WTW’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 25.08×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take WTW into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("WTW", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 337.37 ÷ EPS 17.77 = 18.99×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
WTW P/E ratio: common questions
The essentials behind the numbers.
Willis Towers Watson Public Limited Company's current P/E is 18.99× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.