P/E ratio for Stericycle (SRCL)
P/E ratio as of April 2024 (TTM): -986
According to Stericycle's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -986. At the end of 2022 the company had a P/E ratio of 81.8.
P/E ratio history for Stericycle from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 81.8 | -141.14% |
| 2021 | -199 | 80.65% |
| 2020 | -110 | 557.08% |
| 2019 | -16.7 | 25.53% |
| 2018 | -13.3 | -105.69% |
| 2017 | 234 | 538.21% |
| 2016 | 36.7 | -11.64% |
| 2015 | 41.6 | 22.03% |
| 2014 | 34.1 | 6.4% |
| 2013 | 32.0 | 7.47% |
| 2012 | 29.8 | 5.17% |
| 2011 | 28.3 | -15.98% |
| 2010 | 33.7 | 27.01% |
| 2009 | 26.5 | -11.82% |
| 2008 | 30.1 | -30.82% |
| 2007 | 43.5 | 36.6% |
| 2006 | 31.9 | -17.76% |
| 2005 | 38.7 | 50.06% |
| 2004 | 25.8 | -12.11% |
| 2003 | 29.4 | 0.62% |
| 2002 | 29.2 | -63.56% |
| 2001 | 80.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Republic Services
RSG | 36.1 | -103.67% | 🇺🇸 USA |
 Waste Management WM | 36.1 | -103.66% | 🇺🇸 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.