As at Dec 20, 2024, the WM stock has a PE ratio of 31.28. This is based on the current EPS of $6.58 and the stock price of $205.83 per share. A decrease of 4.8% has been recorded in the P/E ratio compared to the average of 32.8 of the last 4 quarters.
The mean historical PE ratio of Waste Management over the last ten years is 27.52. The current 31.28 PE ratio is 14% above the historical average. In the past ten years, WM's PE ratio was at its highest in the Dec 2021 quarter at 38.63, with a price of $166.9 and an EPS of $4.32. The Jun 2018 quarter recorded the bottom point at 16.2, with a price of $81.34 and an EPS of $5.02.
Maximum annual increase: 75.4% in 2015
Maximum annual decrease: -91.42% in 2014
Year | PE ratio | Change |
---|---|---|
2023 | 31.48 | 8.78% |
2022 | 28.94 | -25.08% |
2021 | 38.63 | 15.97% |
2020 | 33.31 | 14.86% |
2019 | 29 | 46.32% |
2018 | 19.82 | 1.95% |
2017 | 19.44 | -27.08% |
2016 | 26.66 | -17.08% |
2015 | 32.15 | 75.4% |
2014 | 18.33 | -91.42% |
WM's current P/E ratio is above the 10-year historical average, but it is lower than the 3 and 5-year averages.
Compared to its peers RSG and CWST, WM's PE ratio stands lower, however it is higher than CLH's.
Stock name | PE ratio | Market cap |
---|---|---|
CLH Clean Harbors Inc | 29.86 | $12.43B |
WM Waste Management Inc | 31.28 | $82.61B |
RSG Republic Services Inc | 32.6 | $63.8B |
CWST Casella Waste Systems Inc | 963.36 | $6.71B |
PESI Perma Fix Environmental Services Inc | N/A | $172.37M |
WM's price to earnings ratio is 31.28 as of Dec 20, 2024.
The 3-year average PE ratio for WM stock is 31.7.
The 5-year average PE ratio for WM stock is 31.69.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 38.63.
WM's current price to earnings ratio is 14% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Waste Management's stock price is $205.83. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.58. Therefore, Waste Management's P/E ratio for today is 31.28. PE RATIO(31.28) = STOCK PRICE($205.83) / TTM EPS($6.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.