P/E ratio for Clean Harbors (CLH)
P/E ratio as of June 2024 (TTM): 32.0
According to Clean Harbors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.9955. At the end of 2022 the company had a P/E ratio of 15.0.
P/E ratio history for Clean Harbors from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.0 | -43.86% |
| 2021 | 26.7 | -14.24% |
| 2020 | 31.2 | -36.35% |
| 2019 | 49.0 | 16.17% |
| 2018 | 42.2 | 37.74% |
| 2017 | 30.6 | -137.97% |
| 2016 | -80.7 | -247.17% |
| 2015 | 54.8 | -153.61% |
| 2014 | -102 | -367.69% |
| 2013 | 38.2 | 65.23% |
| 2012 | 23.1 | -12.96% |
| 2011 | 26.6 | 56.65% |
| 2010 | 17.0 | -58.2% |
| 2009 | 40.6 | 62.36% |
| 2008 | 25.0 | 6.77% |
| 2007 | 23.4 | 15.01% |
| 2006 | 20.3 | 14.37% |
| 2005 | 17.8 | -176.6% |
| 2004 | -23.2 | 301.25% |
| 2003 | -5.79 | -10.02% |
| 2002 | -6.43 | -176.32% |
| 2001 | 8.43 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Waste Management WM | 36.2 | 13.29% | 🇺🇸 USA |
 Vertex Energy
VTNR | 1.78 | -94.44% | 🇺🇸 USA |
 US Ecology
ECOL | -533 | -1,766.55% | 🇺🇸 USA |
 Stericycle SRCL | -986 | -3,181.68% | 🇺🇸 USA |
 Waste Connections WCN | 50.0 | 56.37% | 🇺🇸 USA |
 Covanta CVA | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.