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Waste Connections PS Ratio

: 5.87 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Waste Connections's share price is $127.71. Waste Connections's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $21.75. Hence, Waste Connections's PS Ratio for today is 5.87.

Warning Sign:

Waste Connections Inc stock PS Ratio (=5.87) is close to 10-year high of 6.07

The historical rank and industry rank for Waste Connections's PS Ratio or its related term are showing as below:

NYSE:WCN' s PS Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.63   Max: 6.07
Current: 5.87

2.14
6.07

During the past 13 years, Waste Connections's highest PS Ratio was 6.07. The lowest was 2.14. And the median was 3.63.

NYSE:WCN's PS Ratio is ranked lower than
79% of the 208 Companies
in the Waste Management industry.

( Industry Median: 2.12 vs. NYSE:WCN: 5.87 )

Waste Connections's Revenue per Sharefor the three months ended in Jun. 2021 was $5.87. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $21.75.

Warning Sign:

Waste Connections Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Waste Connections was 5.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.00% per year.

During the past 13 years, Waste Connections's highest 3-Year average Revenue per Share Growth Rate was 23.50% per year. The lowest was 1.70% per year. And the median was 11.70% per year.

Back to Basics: PS Ratio


Waste Connections PS Ratio Historical Data

The historical data trend for Waste Connections's PS 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.

* Premium members only.

Waste Connections Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.59 4.05 3.99 4.46 4.97

Waste Connections Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 4.56 5.06 4.97 5.18 5.49

Competitive Comparison

For the Waste Management industry, Waste Connections's PS Ratio, along with its competitors' market caps and PS 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.

   

Waste Connections PS Ratio Distribution

For the Waste Management industry and Industrials sector, Waste Connections's PS Ratio distribution charts can be found below:

* The bar in red indicates where Waste Connections's PS Ratio falls into.



Waste Connections PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Waste Connections's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=127.71/21.751
=5.87

Waste Connections's Share Price of today is $127.71.
Waste Connections's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.75.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Waste Connections  (NYSE:WCN) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Waste Connections PS Ratio Related Terms

Thank you for viewing the detailed overview of Waste Connections's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Waste Connections Business Description

Waste Connections logo
Industry
Industrials » Waste Management NAICS : 221310 SIC : 4931
Traded in Other Exchanges
Address
610 Applewood Crescent, 2nd Floor, Vaughan, ON, CAN, L4K 0E3
Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm's Canadian segment.

Waste Connections Headlines

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