Valuation check: WM's P/E ratio is 31.6, above the Utilities sector average of 19.27.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Waste Management (WM) currently reports a P/E ratio of 31.6. That is above the Utilities sector average of 19.27. Use the charts on this page to explore Waste Management's P/E ratio history and peer comparisons.
Waste Management's P/E ratio of 31.6 is higher than the Utilities sector average of 19.27. That is roughly 64.0% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Waste Management's market price to a fundamental measure such as earnings, sales, or book value. At 31.6, WM can look expensive or cheap only in context — versus its own history, growth rate, and Utilities peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 31.6, then check the historical chart for trend and the peer comparison chart for relative positioning. The Utilities average is 19.27. From there, open related valuation or income-statement pages for Waste Management, and consider following WM for alerts when major investors trade the stock.
Waste Management is classified in the Utilities sector. On P/E ratio, it currently shows 31.6 versus a sector average near 19.27. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Utilities are usually more informative than comparing WM with unrelated industries.