P/E ratio for Waste Connections (WCN)
P/E ratio as of June 2024 (TTM): 50.0
According to Waste Connections's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.031. At the end of 2022 the company had a P/E ratio of 40.8.
P/E ratio history for Waste Connections from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.8 | -29.06% |
| 2021 | 57.5 | -56.28% |
| 2020 | 132 | 211.41% |
| 2019 | 42.2 | 17.73% |
| 2018 | 35.9 | 10.4% |
| 2017 | 32.5 | -35.09% |
| 2016 | 50.1 | 59.98% |
| 2015 | 31.3 | 33.01% |
| 2014 | 23.5 | -14.27% |
| 2013 | 27.4 | 5.57% |
| 2012 | 26.0 | 14.51% |
| 2011 | 22.7 | -3.81% |
| 2010 | 23.6 | -3.04% |
| 2009 | 24.3 | 11.77% |
| 2008 | 21.8 | 2.17% |
| 2007 | 21.3 | -11.78% |
| 2006 | 24.2 | 26.9% |
| 2005 | 19.0 | -14.41% |
| 2004 | 22.2 | 35.14% |
| 2003 | 16.5 | -14.96% |
| 2002 | 19.4 | -29.46% |
| 2001 | 27.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Republic Services
RSG | 35.1 | -29.75% | 🇺🇸 USA |
 Waste Management WM | 36.2 | -27.55% | 🇺🇸 USA |
 Casella Waste Systems
CWST | 155 | 209.96% | 🇺🇸 USA |
 Clean Harbors
CLH | 32.0 | -36.05% | 🇺🇸 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.