P/E ratio for Waste Connections (WCN)
P/E ratio as of September 2023 (TTM): 41.9
According to Waste Connections's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.9233. 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 |
|---|---|---|
| 2021 | 57.5 | -56.28% |
| 2020 | 132 | 211.41% |
| 2019 | 42.2 | 17.73% |
| 2018 | 35.9 | 10.4% |
| 2017 | 32.5 | -35.09% |
| 2016 | 50.1 | 59.98% |
| 2015 | 31.3 | 33.01% |
| 2014 | 23.5 | |
| 2012 | 26.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Republic Services
RSG | 29.3 | -30.13% | 🇺🇸 USA |
 Waste Management WM | 27.8 | -33.67% | 🇺🇸 USA |
 Casella Waste Systems
CWST | 101 | 140.22% | 🇺🇸 USA |
 Clean Harbors
CLH | 22.1 | -47.38% | 🇺🇸 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.