As of May 3, 2024, the CLH stock has a PE ratio of 29.88. The calculation is based on the latest EPS of $6.94 and the stock price of $207.35 per share. An increase of 18% has been observed in the PE ratio compared to its average of 25.2 of the past four quarters.
The mean historical PE ratio of Clean Harbors over the last ten years is 60.42. The current 29.88 price-to-earnings ratio is 51% less than the historical average. Analyzing the last ten years, CLH's PE ratio reached its highest point in the Sep 2017 quarter at 810, with a price of $56.7 and an EPS of $0.07. The Dec 2022 quarter saw the lowest point at 15.04, with a price of $114.12 and an EPS of $7.59.
Maximum annual increase: 66.02% in 2023
Maximum annual decrease: -43.78% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.97 | 66.02% |
| 2022 | 15.04 | -43.78% |
| 2021 | 26.75 | -14.59% |
| 2020 | 31.32 | -36.08% |
| 2019 | 49 | 16.17% |
| 2018 | 42.18 | 37.75% |
| 2017 | 30.62 | N/A |
| 2016 | N/A | N/A |
| 2015 | 54.8 | N/A |
| 2014 | N/A | N/A |
CLH's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
CLH's PE ratio is below its peer stocks WM and PESI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CLH Clean Harbors Inc | 29.88 | $11.18B |
| WM Waste Management Inc | 33.8 | $83.38B |
| PESI Perma Fix Environmental Services Inc | 292.5 | $159.95M |
| SRCL Stericycle Inc | N/A | $4.28B |
| VTNR Vertex Energy Inc | N/A | $128.11M |
CLH's price to earnings ratio is 29.88 as of May 3, 2024.
As an average over the last 3 years, CLH stock has a PE ratio of 22.98.
As an average over the last 5 years, CLH stock has a PE ratio of 28.44.
Over the last ten years, the Sep 2017 quarter recorded the highest quarterly PE ratio at 810.
CLH's current price to earnings ratio is 51% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Clean Harbors's share price is $207.35. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.94. Therefore, Clean Harbors's price to earnings ratio for today is 29.88. PE RATIO(29.88) = STOCK PRICE($207.35) / TTM EPS($6.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.