The current P/E ratio for Republic Services stock as of Nov 29, 2023 is 30.87. This is calculated based on the current EPS of $5.18 and the stock price of $159.93 per share. The PE ratio has increased by 8% from the past four quarters average of 28.5.
The average historical PE ratio of Republic Services for the last ten years is 25.87. The current price-to-earnings ratio of 30.87 is 19% 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 |
|---|---|---|
| 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% |
| 2013 | 20.37 | 8.35% |
Currently, RSG's PE ratio is above its 3, 5 and 10-year historical averages.
When compared to its peer CWST, 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 | 23.94 | $8.66B |
| WM Waste Management Inc | 29.83 | $68.37B |
| RSG Republic Services Inc | 30.87 | $50.32B |
| CWST Casella Waste Systems Inc | 124.61 | $83.35B |
| PESI Perma Fix Environmental Services Inc | N/A | $102.92M |
| SRCL Stericycle Inc | N/A | $4.22B |
The price to earnings ratio for RSG stock is 30.87 as of Nov 29, 2023.
The average PE ratio for RSG stock over the past 3 years is 30.39.
The average PE ratio for RSG stock over the past 5 years is 28.41.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 34.43.
The current price to earnings ratio of RSG is 19% 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 (Nov 29, 2023), Republic Services's stock price is $159.93. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $5.18. Therefore, Republic Services's price to earnings ratio for today is 30.87. PE RATIO(30.87) = STOCK PRICE($159.93) / TTM EPS($5.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.