The current PE ratio for Casella Waste Systems stock as of Oct 2, 2023 is 97.79. This is calculated based on the current EPS of $0.77 and the stock price of $75.3 per share. The PE ratio marks an increase of 12% from the past four quarters average of 87.4.
The average historical PE ratio of Casella Waste Systems for the last seven years is 149.22. The current P/E ratio of 97.79 is 34% lower than the historical average. In the past seven 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 |
|---|---|---|
| 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 |
| 2013 | N/A | N/A |
Currently, CWST's PE ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
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 | 27.19 | $61.68B |
| RSG Republic Services Inc | 28.51 | $44.91B |
| CWST Casella Waste Systems Inc | 97.16 | $4.34B |
| PESI Perma Fix Environmental Services Inc | N/A | $137.69M |
The price to earnings ratio for CWST stock as of Oct 2, 2023, stands at 97.79.
The 3-year average price to earnings ratio for CWST stock is 71.36.
The 5-year average price to earnings ratio for CWST stock is 94.92.
The highest quarterly PE ratio in the last seven years has been 1,411 and it was in the Mar 2017 quarter.
The current price to earnings ratio of CWST is 34% lower than the 7-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 (Oct 2, 2023), Casella Waste Systems's stock price is $75.3. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $0.77. Therefore, Casella Waste Systems's PE ratio for today is 97.79. PE RATIO(97.79) = STOCK PRICE($75.3) / TTM EPS($0.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.