Waste Connections
WCN
#415
Rank
A$74.89 B
Marketcap
$290.26
Share price
1.33%
Change (1 day)
41.83%
Change (1 year)

P/E ratio for Waste Connections (WCN)

P/E ratio as of November 2024 (TTM): 58.5

According to Waste Connections's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.517. 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
202240.8-29.06%
202157.5-56.28%
2020132211.41%
201942.217.73%
201835.910.4%
201732.5-35.09%
201650.159.98%
201531.333.01%
201423.5-14.27%
201327.45.57%
201226.014.51%
201122.7-3.81%
201023.6-3.04%
200924.311.77%
200821.82.17%
200721.3-11.78%
200624.226.9%
200519.0-14.41%
200422.235.14%
200316.5-14.96%
200219.4-29.46%
200127.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
38.9-33.47%๐Ÿ‡บ๐Ÿ‡ธ USA
41.3-29.38%๐Ÿ‡บ๐Ÿ‡ธ USA
37.3-36.23%๐Ÿ‡บ๐Ÿ‡ธ USA
174 197.27%๐Ÿ‡บ๐Ÿ‡ธ 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.