CRDO vs WAT
Comparison between Credo Technology Group Holding Ltd (CRDO, Company) and Waters Corp (WAT, Company).
CRDO is from the Technology sector, while WAT is from the Healthcare sector.
CRDO vs WAT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
CRDO
$34B
WAT
$34B
Max Drawdown
Winner
CRDO
62.04%
WAT
80.12%
Sharpe Ratio
Winner
CRDO
1.72
WAT
-0.06
5Y Beta
CRDO
2.76
Winner
WAT
0.96
Industry
CRDO
Semiconductors
WAT
Diagnostics & Research
P/E Ratio
CRDO
96.49
Winner
WAT
93.57
Forward P/E
CRDO
37.31
Winner
WAT
23.09
PEG Ratio
Winner
CRDO
0.01
WAT
1.29
5Y EPS CAGR
CRDO
N/A
WAT
15.00%
Debt to Equity
Winner
CRDO
0.00%
WAT
31.75%
Free Cash Flow Yield
CRDO
0.84%
Winner
WAT
1.16%
P/S Ratio
CRDO
33.13
Winner
WAT
8.89
P/B Ratio
CRDO
18.25
Winner
WAT
2.14
CRDO vs WAT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CRDO
+5.49%
WAT
+1.72%
3M
Winner
CRDO
+55.88%
WAT
+2.30%
6M
Winner
CRDO
+44.87%
WAT
-13.45%
1Y
Winner
CRDO
+219.92%
WAT
-1.83%
5Y(CAGR)
Winner
CRDO
+91.84%
WAT
+1.78%
10Y(CAGR)
CRDO
N/A
WAT
+9.67%
Max(CAGR)
Winner
CRDO
+91.84%
WAT
+10.30%
CRDO vs WAT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CRDO | WAT |
|---|---|---|
| 2026 | +35.03% | -10.73% |
| 2025 | +102.86% | +3.14% |
| 2024 | +265.67% | +12.89% |
| 2023 | +49.77% | -4.73% |
| 2022 | +14.25% | -6.04% |
| 2021 | N/A | +48.95% |
| 2020 | N/A | +5.26% |
| 2019 | N/A | +27.39% |
| 2018 | N/A | -3.60% |
| 2017 | N/A | +41.60% |
| 2016 | N/A | +3.10% |
| 2015 | N/A | +18.18% |
| 2014 | N/A | +13.61% |
| 2013 | N/A | +12.73% |
| 2012 | N/A | +14.72% |
| 2011 | N/A | -5.19% |
| 2010 | N/A | +26.09% |
| 2009 | N/A | +62.67% |
| 2008 | N/A | -52.25% |
| 2007 | N/A | +61.76% |
| 2006 | N/A | +28.53% |
| 2005 | N/A | -17.41% |
| 2004 | N/A | +41.27% |
| 2003 | N/A | +50.59% |
| 2002 | N/A | -43.79% |
| 2001 | N/A | -50.87% |
| 2000 | N/A | +224.27% |
| 1999 | N/A | +4.83% |
CRDO vs WAT Drawdown Comparison
The maximum drawdown for CRDO was -62.04%, occurring on May 4, 2023. Recovery took 211 trading sessions.
The maximum drawdown for WAT was -80.12%, occurring on Jul 22, 2002. Recovery took 2656 trading sessions.
The current CRDO drawdown is -8.01%. The current WAT drawdown is -19.71%.
| Rank | CRDO | WAT |
|---|---|---|
| #1 | -62.04% Feb 14, 2023 - Dec 15, 2023 | -80.12% Sep 28, 2000 - Apr 21, 2011 |
| #2 | -61.05% Jan 22, 2025 - Jun 18, 2025 | -44.27% Sep 8, 2021 - Oct 30, 2023 |
| #3 | -53.59% Dec 3, 2025 - Apr 22, 2026 | -35.86% Apr 8, 2019 - Jan 5, 2021 |
| #4 | -47.93% Feb 28, 2022 - Jan 24, 2023 | -28.07% May 19, 2011 - Jun 17, 2013 |
| #5 | -33.44% Aug 23, 2024 - Oct 10, 2024 | -27.49% Mar 6, 2000 - Jun 2, 2000 |
| #6 | -28.85% Oct 31, 2025 - Dec 2, 2025 | -20.65% Jan 29, 2018 - Jan 23, 2019 |
| #7 | -27.29% Feb 22, 2024 - May 30, 2024 | -19.26% Jul 12, 2000 - Aug 21, 2000 |
| #8 | -27.28% Jul 16, 2024 - Aug 21, 2024 | -17.37% Aug 23, 2016 - Apr 25, 2017 |
| #9 | -25.66% May 11, 2026 - May 18, 2026 | -17.28% Feb 20, 2014 - Nov 20, 2014 |
| #10 | -24.70% Sep 18, 2025 - Oct 31, 2025 | -16.98% Dec 31, 1999 - Jan 25, 2000 |
| #11 | -17.17% Nov 8, 2024 - Nov 29, 2024 | -16.76% Jun 18, 2015 - Apr 18, 2016 |
| #12 | -15.46% Aug 12, 2025 - Aug 28, 2025 | -13.96% Nov 1, 1999 - Dec 29, 1999 |
| #13 | -14.93% Apr 24, 2026 - May 6, 2026 | -13.28% Aug 28, 2000 - Sep 25, 2000 |
| #14 | -13.97% Dec 16, 2024 - Jan 17, 2025 | -11.58% Sep 26, 2013 - Jan 28, 2014 |
| #15 | -11.82% Dec 28, 2023 - Jan 9, 2024 | -10.25% Feb 17, 2000 - Feb 25, 2000 |
Correlation
Correlation between CRDO and WAT is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.35
-101
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