Clean Harbors
CLH
#1818
Rank
$7.19 B
Marketcap
$133.00
Share price
0.54%
Change (1 day)
23.42%
Change (1 year)

P/E ratio for Clean Harbors (CLH)

P/E ratio as of March 2023 (TTM): 19.1

According to Clean Harbors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0818. At the end of 2021 the company had a P/E ratio of 26.7.

P/E ratio history for Clean Harbors from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202126.7-14.24%
202031.2-36.35%
201949.016.17%
201842.237.74%
201730.6-137.97%
2016-80.7-247.17%
201554.8-153.61%
2014-102-367.69%
201338.265.23%
201223.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.5 49.42%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.0-178.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-533-2,894.40%๐Ÿ‡บ๐Ÿ‡ธ USA
68.7 260.14%๐Ÿ‡บ๐Ÿ‡ธ USA
41.5 117.41%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.