P/E ratio for Republic Services (RSG)
P/E ratio as of September 2023 (TTM): 29.3
According to Republic Services 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.253. At the end of 2021 the company had a P/E ratio of 34.3.
P/E ratio history for Republic Services from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.3 | 8.07% |
| 2020 | 31.8 | 18.79% |
| 2019 | 26.8 | 18.02% |
| 2018 | 22.7 | 27.41% |
| 2017 | 17.8 | -44.18% |
| 2016 | 31.9 | 55.77% |
| 2015 | 20.5 | -22.22% |
| 2014 | 26.3 | 29.16% |
| 2013 | 20.4 | 9.03% |
| 2012 | 18.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Waste Management WM | 27.8 | -4.97% | 🇺🇸 USA |
 Stericycle SRCL | 196 | 569.27% | 🇺🇸 USA |
 Casella Waste Systems
CWST | 99.8 | 241.13% | 🇺🇸 USA |
 Waste Connections WCN | 41.8 | 42.90% | 🇺🇸 USA |
 Clean Harbors
CLH | 21.8 | -25.32% | 🇺🇸 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.