As at Jul 25, 2024, the WM stock has a PE ratio of 31.58. This is based on the current EPS of $6.33 and the stock price of $199.92 per share. The current PE ratio is comparable to the past 4-quarter average.
The mean historical PE ratio of Waste Management over the last ten years is 31.68. The current 31.58 PE ratio is comparable to the historical average. In the past ten years, WM's PE ratio was at its highest in the Sep 2014 quarter at 198.04, with a price of $47.53 and an EPS of $0.24. 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 5-year historical average, but it is lower than the 3 and 10-year averages.
Compared to its peer stocks RSG and CLH, WM's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WM Waste Management Inc | 31.12 | $79.04B |
| RSG Republic Services Inc | 31.88 | $59.77B |
| CLH Clean Harbors Inc | 32.22 | $12.06B |
| SRCL Stericycle Inc | 153.95 | $5.43B |
| CWST Casella Waste Systems Inc | 339.53 | $5.92B |
| PESI Perma Fix Environmental Services Inc | N/A | $172.72M |
WM's price to earnings ratio is 31.58 as of Jul 25, 2024.
The 3-year average PE ratio for WM stock is 32.07.
The 5-year average PE ratio for WM stock is 31.5.
In the last ten years, the Sep 2014 quarter recorded the highest quarterly PE ratio at 198.04.
WM's current price to earnings ratio is 0.3% below 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 (Jul 25, 2024), Waste Management's stock price is $199.92. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $6.33. Therefore, Waste Management's P/E ratio for today is 31.58. PE RATIO(31.58) = STOCK PRICE($199.92) / TTM EPS($6.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.