The current P/E ratio for Republic Services stock as of Apr 26, 2024 is 35.09. This is calculated based on the current EPS of $5.47 and the stock price of $191.92 per share. The PE ratio has increased by 20% from the past four quarters average of 29.1.
The average historical PE ratio of Republic Services for the last ten years is 26.26. The current price-to-earnings ratio of 35.09 is 34% more than the historical average. In the past ten years, RSG's PE ratio reached its highest point in the Dec 2021 quarter at 34.43, when the stock price was $139.45 and the EPS was $4.05. The lowest point was recorded in the Mar 2018 quarter, when it reached 16.77 with a price of $66.23 and an EPS of $3.95.
Maximum annual increase: 55.01% in 2016
Maximum annual decrease: -44.02% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 30.15 | 9.88% |
| 2022 | 27.44 | -20.3% |
| 2021 | 34.43 | 8.34% |
| 2020 | 31.78 | 18.41% |
| 2019 | 26.84 | 18.03% |
| 2018 | 22.74 | 27.47% |
| 2017 | 17.84 | -44.02% |
| 2016 | 31.87 | 55.01% |
| 2015 | 20.56 | -21.35% |
| 2014 | 26.14 | 28.33% |
Currently, RSG's PE ratio is above its 3, 5 and 10-year historical averages.
When compared to its peers CWST and PESI, RSG's PE ratio is lower, but it is higher than WM's and CLH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CLH Clean Harbors Inc | 27.75 | $10.46B |
| WM Waste Management Inc | 34.16 | $84.27B |
| RSG Republic Services Inc | 35.09 | $60.38B |
| CWST Casella Waste Systems Inc | 195.78 | $5.22B |
| PESI Perma Fix Environmental Services Inc | 301.25 | $164.74M |
| SRCL Stericycle Inc | N/A | $4.3B |
The price to earnings ratio for RSG stock is 35.09 as of Apr 26, 2024.
The average PE ratio for RSG stock over the past 3 years is 30.17.
The average PE ratio for RSG stock over the past 5 years is 28.97.
The current PE of 35.09 represents the highest historical value in the last ten years.
The current price to earnings ratio of RSG is 34% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 26, 2024), Republic Services's stock price is $191.92. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.47. Therefore, Republic Services's price to earnings ratio for today is 35.09. PE RATIO(35.09) = STOCK PRICE($191.92) / TTM EPS($5.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.