GFL Environmental (TSX:GFL) PEG Ratio: 1.88 (As of Jul. 18, 2026) — 55% Below Median

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TSX:GFL GFL Environmental Inc TSX:GFL
69 GF Score
Price C$55.40
GF Value C$59.35
Valuation Fairly Valued
! 4 Warning Signs
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What is GFL Environmental PEG Ratio?

GFL Environmental TSX:GFL -0.47% 69 PEG Ratio is 1.88 as of Jul. 18, 2026, which is 55% below its 10-year median of 4.20. GuruFocus rates TSX:GFL with a GF Score™ of 69/100 and a GF Value™ of C$59.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 88 Waste Management companies, GFL Environmental ranks better than 54.55% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, GFL Environmental's PE Ratio without NRI is 59.57. GFL Environmental's 5-Year EBITDA growth rate is 31.70%. Therefore, GFL Environmental's PEG Ratio for today is 1.88.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for GFL Environmental's PEG Ratio or its related term are showing as below:

TSX:GFL' s PEG Ratio Range Over the Past 10 Years
Min: 1.84   Med: 4.2   Max: 90.96
Current: 1.84


During the past 10 years, GFL Environmental's highest PEG Ratio was 90.96. The lowest was 1.84. And the median was 4.20.


TSX:GFL's PEG Ratio is ranked better than
54.55% of 88 companies
in the Waste Management industry
Industry Median: 1.985 vs TSX:GFL: 1.84

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


GFL Environmental  (TSX:GFL) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


GFL Environmental PEG Ratio Related Terms


GFL Environmental PEG Ratio Historical Data

* Premium members only.

The historical data trend for GFL Environmental's PEG Ratio can be seen below:

* 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.

GFL Environmental PEG Ratio Chart

GFL Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.45

GFL Environmental Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 89.95 7.50 3.45 4.07

TSX:GFL vs CLH, CWST, ONT: PEG Ratio Comparison

For the Waste Management subindustry, GFL Environmental's PEG Ratio, along with its competitors' market caps and PEG 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.


GFL Environmental PEG Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, GFL Environmental's PEG Ratio distribution charts can be found below:

* The bar in red indicates where GFL Environmental's PEG Ratio falls into.


TSX:GFL
69GF Score
GFL Environmental Inc TSX:GFL
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GFL Environmental PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

GFL Environmental's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=59.569892473118/31.70
=1.88

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.88 mean?
GFL Environmental (TSX:GFL) has a PEG Ratio of 1.88 as of Jul. 18, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on GFL Environmental and its competitors. This is 55% below median its historical median of 4.20. Over the past decade, GFL Environmental's PEG Ratio has ranged from 1.84 to 90.96. According to the industry distribution chart, GFL Environmental ranks #40 out of 88 companies in the Waste Management industry, placing it in the top 45.5%.
Is GFL Environmental's PEG Ratio too high?
GFL Environmental's current PEG Ratio of 1.88 is 55% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 90.96. The Waste Management industry median PEG Ratio is 1.99. GFL Environmental's value of 1.88 is 5.3% below this industry median. Based on the distribution chart, GFL Environmental ranks #40 out of 88 companies in the Waste Management industry, which is above the industry midpoint. Overall, GFL Environmental has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GFL Environmental's PEG Ratio compare to CLH and CWST?
According to the Waste Management industry distribution chart, GFL Environmental ranks #40 out of 88 companies for PEG Ratio. This puts GFL Environmental in the upper half of its industry. The industry median PEG Ratio is 1.99. GFL Environmental's value of 1.88 is 5.3% below this benchmark. Historically, GFL Environmental's own PEG Ratio has ranged from 1.84 to 90.96 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.99, GFL Environmental has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Waste Management company?
The median PEG Ratio among Waste Management companies is 1.99, based on 88 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GFL Environmental's current PEG Ratio of 1.88 is 5.3% below 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on GFL Environmental and its competitors. For the Waste Management industry, the median PEG Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFL Environmental's current PEG Ratio is 1.88, which is 55% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFL Environmental stock overvalued right now?
Based on GuruFocus' analysis, GFL Environmental (TSX:GFL) is currently considered Fairly Valued. The stock's GF Value™ is C$59.35, compared to a current price of C$55.40 — trading 6.7% below its estimated fair value. The current PEG Ratio is 1.88, which is 55% below median its 10-year median of 4.20 and 5.3% below the Waste Management industry median of 1.99. GFL Environmental's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For GFL Environmental (TSX:GFL), the current PEG Ratio is 1.88 as of Jul. 18, 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 GFL Environmental (TSX:GFL) Overvalued in 2026?

Based on GuruFocus' analysis, GFL Environmental stock appears to be undervalued. The current stock price of C$55.40 is trading 6.7% below its estimated GF Value™ of C$59.35. GuruFocus considers GFL Environmental to be Fairly Valued.

Key valuation signals for TSX:GFL:

  • PEG Ratio: 1.88 (55% below median its 10-year median of 4.20)
  • GF Value™: C$59.35 vs. price of C$55.40 (6.7% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 5.3% below the Waste Management median (#40 of 88)

No single metric tells the full story. See the TSX:GFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GFL Environmental Business Description

Other Exchanges GFL:USA36E:Germany
Address 1759 Purdy Avenue, Suite 300, Miami Beach, FL, USA, 33139
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. The company's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.
69GF Score

Get the complete analysis for TSX:GFL

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$55.40
Price
C$59.35
GF Value