P/E ratio for Casella Waste Systems (CWST)
P/E ratio as of March 2023 (TTM): 76.9
According to Casella Waste Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 76.9135. At the end of 2021 the company had a P/E ratio of 107.
P/E ratio history for Casella Waste Systems from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 107 | 215.41% |
| 2020 | 33.9 | -51.46% |
| 2019 | 69.7 | -63.28% |
| 2018 | 190 | -529.04% |
| 2017 | -44.3 | -39.36% |
| 2016 | -73.0 | 278.43% |
| 2015 | -19.3 | |
| 2013 | -8.99 | 668.05% |
| 2012 | -1.17 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Republic Services
RSG | 27.9 | -63.75% | 🇺🇸 USA |
 Waste Management WM | 28.5 | -62.93% | 🇺🇸 USA |
 Waste Connections WCN | 41.5 | -46.06% | 🇺🇸 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.