The price to earnings ratio is a measurement often used to determine stock valuation. In short, P/E is used to measure what the market is willing to pay for a company based on its earnings. The trailing P/E for energy and environmental companies operating in the environmental and waste services market was approximately 32.2. This meant in theory that investors would be willing to pay just over 32.2 (dollars or currency used) for every one (dollar) the company made through earnings.
Another formula that is used by investors to measure the value of an industry or potential target company for acquisition is the enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA).
Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2024, by industry
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Leonard N. Stern School of Business. (January 5, 2024). Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2024, by industry [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/
Leonard N. Stern School of Business. "Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2024, by industry." Chart. January 5, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/
Leonard N. Stern School of Business. (2024). Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2024, by industry. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/
Leonard N. Stern School of Business. "Trailing and Forward Price to Earnings Ratio (Pe Ratio) in The Energy & Environmental Services Sector in Western Europe 2024, by Industry." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/
Leonard N. Stern School of Business, Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2024, by industry Statista, https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/ (last visited December 21, 2024)
Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2024, by industry [Graph], Leonard N. Stern School of Business, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/
