Cleanaway Waste Management (OTCPK:TSPCF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Cleanaway Waste Management Forward PE Ratio Related Terms
Cleanaway Waste Management Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cleanaway Waste Management Forward PE Ratio Chart
Cleanaway Waste Management Annual Data
Trend
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
24.88
28.33
19.23
31.85
30.67
30.12
28.17
25.14
Cleanaway Waste Management Semi-Annual Data
2018-06
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
24.88
28.33
29.94
19.23
30.21
31.85
39.84
30.67
37.31
30.12
33.44
28.17
29.49
25.14
25.65
TSPCF vs WM, RSG, WCN: Forward PE Ratio Comparison
For the Waste Management subindustry, Cleanaway Waste Management's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cleanaway Waste Management Forward PE Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Cleanaway Waste Management's Forward PE Ratio falls into.
Cleanaway Waste Management Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Cleanaway Waste Management (TSPCF) has a Forward PE Ratio of 20.03 as of Jul. 05, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Cleanaway Waste Management and its competitors. According to the industry distribution chart, Cleanaway Waste Management ranks #60 out of 94 companies in the Waste Management industry, placing it in the top 63.8%.
Is Cleanaway Waste Management's Forward PE Ratio too high?
Cleanaway Waste Management's current Forward PE Ratio is 20.03. The Waste Management industry median Forward PE Ratio is 15.54. Cleanaway Waste Management's value of 20.03 is 28.9% above this industry median. Based on the distribution chart, Cleanaway Waste Management ranks #60 out of 94 companies in the Waste Management industry, which is below the industry midpoint. Overall, Cleanaway Waste Management has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Waste Management's Forward PE Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Waste Management ranks #60 out of 94 companies for Forward PE Ratio. This places Cleanaway Waste Management in the lower half of its industry. The industry median Forward PE Ratio is 15.54. Cleanaway Waste Management's value of 20.03 is 28.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Waste Management company?
The median Forward PE Ratio among Waste Management companies is 15.54, based on 94 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cleanaway Waste Management's current Forward PE Ratio of 20.03 is 28.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Cleanaway Waste Management and its competitors. For the Waste Management industry, the median Forward PE Ratio is 15.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Waste Management's current Forward PE Ratio is 20.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Waste Management (TSPCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.20, compared to a current price of $1.70 — trading 22.6% below its estimated fair value. The current Forward PE Ratio is 20.03 and 28.9% above the Waste Management industry median of 15.54. Cleanaway Waste Management's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Cleanaway Waste Management (TSPCF), the current Forward PE Ratio is 20.03 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cleanaway Waste Management (TSPCF) Overvalued in 2026?
Based on GuruFocus' analysis, Cleanaway Waste Management stock appears to be undervalued.
The current stock price of $1.70 is trading 22.6% below its estimated GF Value™ of $2.20.
GuruFocus considers Cleanaway Waste Management to be Modestly Undervalued.
Key valuation signals for TSPCF:
Forward PE Ratio: 20.03
GF Value™: $2.20 vs. price of $1.70 (22.6% below fair value)
Industry Position: 28.9% above the Waste Management median (#60 of 94)
No single metric tells the full story. See the TSPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.
85GF Score
Get the complete analysis for TSPCF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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