The current PE ratio for Casella Waste Systems stock as of Jul 25, 2024 is 339.23. This is calculated based on the current EPS of $0.3 and the stock price of $101.77 per share. The PE ratio marks an increase of 80% from the past four quarters average of 188.0.
The average historical PE ratio of Casella Waste Systems for the last eight years is 156.69. The current P/E ratio of 339.23 is 116% higher than the historical average. In the past eight years, CWST's PE ratio peaked in the Mar 2017 quarter at 1,411, when the stock price was $14.11 and the EPS was $0.01. The lowest point was in the Sep 2018 quarter, when it reached 32.69 with a price of $31.06 and an EPS of $0.95.
Maximum annual increase: 222.31% in 2021
Maximum annual decrease: -63.83% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 185.78 | 141.27% |
| 2022 | 77 | -27.89% |
| 2021 | 106.78 | 222.31% |
| 2020 | 33.13 | -51.78% |
| 2019 | 68.7 | -63.83% |
| 2018 | 189.93 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, CWST's PE ratio is above the 3, 5 and 10-year averages.
In comparison to its peer stocks WM and RSG, CWST's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WM Waste Management Inc | 31.12 | $79.04B |
| RSG Republic Services Inc | 31.88 | $59.77B |
| CWST Casella Waste Systems Inc | 339.53 | $5.92B |
| PESI Perma Fix Environmental Services Inc | N/A | $172.72M |
The price to earnings ratio for CWST stock as of Jul 25, 2024, stands at 339.23.
The 3-year average price to earnings ratio for CWST stock is 120.03.
The 5-year average price to earnings ratio for CWST stock is 103.88.
The highest quarterly PE ratio in the last eight years has been 1,411 and it was in the Mar 2017 quarter.
The current price to earnings ratio of CWST is 116% higher than the 8-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Casella Waste Systems's stock price is $101.77. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.3. Therefore, Casella Waste Systems's PE ratio for today is 339.23. PE RATIO(339.23) = STOCK PRICE($101.77) / TTM EPS($0.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.