Waste Connections
WCN
#532
Rank
$33.94 B
Marketcap
$131.97
Share price
-0.79%
Change (1 day)
4.73%
Change (1 year)

P/E ratio for Waste Connections (WCN)

P/E ratio as of February 2023 (TTM): 42.2

According to Waste Connections's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.1629. At the end of 2021 the company had a P/E ratio of 57.5.

P/E ratio history for Waste Connections from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202157.5-56.28%
2020132211.41%
201942.217.73%
201835.910.4%
201732.5-35.09%
201650.159.98%
201531.333.01%
201423.5
201226.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6-36.82%๐Ÿ‡บ๐Ÿ‡ธ USA
27.7-34.21%๐Ÿ‡บ๐Ÿ‡ธ USA
77.4 83.49%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8-55.46%๐Ÿ‡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.