P/E ratio for US Ecology (ECOL)
P/E ratio as of April 2024 (TTM): -533
According to US Ecology 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -533.222. At the end of 2021 the company had a P/E ratio of 188.
P/E ratio history for US Ecology from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 188 | -6543.75% |
| 2020 | -2.92 | -107.75% |
| 2019 | 37.6 | 35.54% |
| 2018 | 27.7 | 23.49% |
| 2017 | 22.5 | |
| 2014 | 22.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Waste Management WM | 37.0 | -106.94% | 🇺🇸 USA |
 Vertex Energy
VTNR | 2.27 | -100.43% | 🇺🇸 USA |
 Heritage-Crystal Clean HCCI | 14.2 | -102.66% | 🇺🇸 USA |
 Valhi VHI | 60.7 | -111.38% | 🇺🇸 USA |
 Clean Harbors
CLH | 29.3 | -105.49% | 🇺🇸 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.