Clean Harbors, Inc. (CLH) P/E Ratio History
ExpensiveTrading at 39.6x vs 5Y avg 26.7x · 100th percentile · Material premium to history · Data 1991–2026
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P/E Ratio Analysis
As of June 21, 2026, Clean Harbors, Inc. (CLH) trades at a price-to-earnings ratio of 39.6x, with a stock price of $288.60 and trailing twelve-month earnings per share of $7.46.
The current P/E is 49% above its 5-year average of 26.7x. Over the past five years, CLH's P/E has ranged from a low of 15.1x to a high of 38.9x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.6x, CLH trades at a 55% premium to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.
The PEG ratio of 1.61 (P/E divided by -2% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, CLH commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CLH DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CLH Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CLH P/E vs Peers
Hazardous and Industrial Waste Services peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 71.8 | 1.67Best | +281% | |
| $87B | 32.0 | 2.33 | -2% | |
| $63B | 29.9 | 1.68 | +6% | |
| $5B | 724.8 | - | -48% | |
| $12B | 5.0Lowest | - | +573%Best | |
| $964M | 44.6 | - | -23% | |
| $8B | 17.7 | 5.50 | -47% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CLH Historical P/E Data (1991–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $286.73 | $7.38 | 38.9x | +5% |
| FY2025 Q4 | Dec 31 2025 | $234.48 | $7.28 | 32.2x | -13% |
| FY2025 Q3 | - | $232.22 | $7.21 | 32.2x | -13% |
| FY2025 Q2 | Jun 30 2025 | $231.18 | $7.12 | 32.5x | -12% |
| FY2025 Q1 | Mar 31 2025 | $197.10 | $7.22 | 27.3x | -26% |
| FY2024 Q4 | - | $230.14 | $7.42 | 31.0x | -16% |
| FY2024 Q3 | Sep 30 2024 | $241.71 | $7.68 | 31.5x | -15% |
| FY2024 Q2 | Jun 30 2024 | $226.15 | $7.24 | 31.2x | -16% |
| FY2024 Q1 | Mar 31 2024 | $201.31 | $6.91 | 29.1x | -21% |
| FY2023 Q4 | Dec 31 2023 | $174.51 | $6.95 | 25.1x | -32% |
| FY2023 Q3 | Sep 30 2023 | $167.36 | $6.66 | 25.1x | -32% |
| FY2023 Q2 | Jun 30 2023 | $164.43 | $7.48 | 22.0x | -41% |
| FY2023 Q1 | Mar 31 2023 | $142.56 | $8.06 | 17.7x | -52% |
| FY2022 Q4 | Dec 31 2022 | $114.12 | $7.56 | 15.1x | -59% |
| FY2022 Q3 | Sep 30 2022 | $109.98 | $6.94 | 15.8x | -57% |
| FY2022 Q2 | - | $87.67 | $5.64 | 15.5x | -58% |
| FY2022 Q1 | - | $111.64 | $4.15 | 26.9x | -27% |
| FY2021 Q4 | Dec 31 2021 | $99.77 | $3.71 | 26.9x | -27% |
| FY2021 Q3 | - | $103.87 | $3.52 | 29.5x | -20% |
| FY2021 Q2 | Jun 30 2021 | $93.14 | $3.31 | 28.1x | -24% |
| FY2021 Q1 | Mar 31 2021 | $84.06 | $2.61 | 32.2x | -13% |
| FY2020 Q4 | - | $76.10 | $2.43 | 31.3x | -15% |
| FY2020 Q3 | Sep 30 2020 | $56.03 | $2.15 | 26.1x | -30% |
| FY2020 Q2 | - | $59.98 | $1.81 | 33.1x | -11% |
| FY2020 Q1 | - | $51.34 | $1.94 | 26.5x | -29% |
| FY2019 Q4 | - | $85.75 | $1.75 | 49.0x | +32% |
| FY2019 Q3 | Sep 30 2019 | $77.20 | $1.61 | 48.0x | +29% |
| FY2019 Q2 | Jun 30 2019 | $71.10 | $1.51 | 47.1x | +27% |
| FY2019 Q1 | Mar 31 2019 | $71.53 | $1.40 | 51.1x | +38% |
| FY2018 Q4 | Dec 31 2018 | $49.35 | $1.16 | 42.5x | +15% |
| FY2018 Q3 | Sep 30 2018 | $71.58 | $2.35 | 30.5x | -18% |
| FY2018 Q2 | Jun 30 2018 | $55.55 | $2.01 | 27.6x | -25% |
| FY2018 Q1 | Mar 31 2018 | $48.81 | $1.92 | 25.4x | -31% |
| FY2017 Q4 | Dec 31 2017 | $54.20 | $1.77 | 30.6x | -17% |
| FY2017 Q3 | Sep 30 2017 | $56.70 | $0.07 | 810.0x | +2086% |
| FY2016 Q2 | - | $52.11 | $0.41 | 127.1x | +243% |
| FY2016 Q1 | - | $49.34 | $0.52 | 94.9x | +156% |
| FY2015 Q4 | - | $41.65 | $0.76 | 54.8x | +48% |
| FY2015 Q3 | Sep 30 2015 | $43.97 | $1.21 | 36.3x | -2% |
| FY2014 Q2 | Jun 30 2014 | $64.25 | $1.64 | 39.2x | +6% |
| FY2014 Q1 | Mar 31 2014 | $54.79 | $1.55 | 35.3x | -5% |
| FY2013 Q4 | - | $59.96 | $1.57 | 38.2x | +3% |
| FY2013 Q3 | Sep 30 2013 | $58.66 | $2.24 | 26.2x | -29% |
| FY2013 Q2 | Jun 30 2013 | $50.53 | $1.89 | 26.7x | -28% |
| FY2013 Q1 | Mar 31 2013 | $58.09 | $1.95 | 29.8x | -20% |
| FY2012 Q4 | Dec 31 2012 | $55.01 | $2.38 | 23.1x | -38% |
| FY2012 Q3 | Sep 30 2012 | $48.85 | $1.99 | 24.5x | -34% |
| FY2012 Q2 | Jun 30 2012 | $56.42 | $2.46 | 22.9x | -38% |
| FY2012 Q1 | Mar 31 2012 | $67.33 | $2.57 | 26.2x | -29% |
| FY2011 Q4 | Dec 31 2011 | $63.73 | $2.40 | 26.6x | -28% |
| FY2011 Q3 | Sep 30 2011 | $51.30 | $2.12 | 24.2x | -35% |
| FY2011 Q2 | - | $51.63 | $2.15 | 24.0x | -35% |
| FY2011 Q1 | - | $49.33 | $2.70 | 18.3x | -51% |
| FY2010 Q4 | Dec 31 2010 | $42.04 | $2.47 | 17.0x | -54% |
| FY2010 Q3 | - | $33.88 | $2.30 | 14.7x | -60% |
| FY2010 Q2 | Jun 30 2010 | $33.20 | $1.75 | 19.0x | -49% |
| FY2010 Q1 | Mar 31 2010 | $27.78 | $0.83 | 33.5x | -10% |
| FY2009 Q4 | - | $29.80 | $0.74 | 40.3x | +9% |
| FY2009 Q3 | Sep 30 2009 | $28.13 | $0.85 | 33.1x | -11% |
| FY2009 Q2 | - | $27.00 | $0.98 | 27.5x | -26% |
| FY2009 Q1 | - | $24.00 | $1.15 | 20.9x | -44% |
| FY2008 Q4 | Dec 31 2008 | $31.72 | $1.26 | 25.2x | -32% |
| FY2008 Q3 | - | $33.77 | $1.28 | 26.4x | -29% |
| FY2008 Q2 | Jun 30 2008 | $35.53 | $1.29 | 27.5x | -26% |
| FY2008 Q1 | Mar 31 2008 | $32.50 | $1.21 | 26.9x | -28% |
| FY2007 Q4 | Dec 31 2007 | $25.85 | $1.07 | 24.0x | -35% |
| FY2007 Q3 | Sep 30 2007 | $22.26 | $0.95 | 23.3x | -37% |
| FY2007 Q2 | Jun 30 2007 | $24.71 | $1.15 | 21.6x | -42% |
| FY2007 Q1 | Mar 31 2007 | $22.61 | $1.16 | 19.6x | -47% |
| FY2006 Q4 | Dec 31 2006 | $24.20 | $1.14 | 21.2x | -43% |
| FY2006 Q3 | Sep 30 2006 | $21.77 | $1.08 | 20.2x | -46% |
| FY2006 Q2 | Jun 30 2006 | $20.16 | $0.73 | 27.6x | -25% |
| FY2006 Q1 | Mar 31 2006 | $14.84 | $0.67 | 22.1x | -40% |
| FY2005 Q4 | Dec 31 2005 | $14.40 | $0.74 | 19.5x | -47% |
| FY2005 Q3 | Sep 30 2005 | $16.98 | $0.76 | 22.3x | -40% |
| FY2005 Q2 | - | $10.84 | $0.73 | 14.8x | -60% |
| FY2005 Q1 | - | $9.17 | $0.14 | 65.5x | +77% |
| FY2002 Q2 | Jun 30 2002 | $5.88 | $0.16 | 35.7x | -4% |
| FY2002 Q1 | Mar 31 2002 | $5.82 | $0.24 | 24.3x | -35% |
| FY2001 Q4 | Dec 31 2001 | $1.69 | $0.20 | 8.2x | -78% |
| FY2001 Q3 | Sep 30 2001 | $1.15 | $0.18 | 6.2x | -83% |
| FY2001 Q2 | Jun 30 2001 | $1.38 | $0.25 | 5.5x | -85% |
| FY2001 Q1 | Mar 31 2001 | $1.22 | $0.32 | 3.8x | -90% |
| FY2000 Q4 | Dec 31 2000 | $0.89 | $0.30 | 3.0x | -92% |
| FY2000 Q3 | Sep 30 2000 | $1.48 | $0.15 | 9.9x | -73% |
| FY2000 Q2 | Jun 30 2000 | $1.03 | $0.08 | 12.2x | -67% |
| FY1994 Q4 | Dec 31 1994 | $1.97 | $0.02 | 87.9x | +137% |
| FY1994 Q3 | Sep 30 1994 | $3.25 | $0.10 | 31.9x | -14% |
| FY1994 Q2 | - | $3.88 | $0.12 | 33.2x | -10% |
| FY1994 Q1 | - | $3.75 | $0.12 | 30.8x | -17% |
| FY1993 Q4 | Dec 31 1993 | $3.56 | $0.14 | 26.1x | -30% |
| FY1993 Q3 | - | $4.13 | $0.21 | 20.0x | -46% |
| FY1993 Q2 | Jun 30 1993 | $6.50 | $0.28 | 23.1x | -38% |
| FY1993 Q1 | Mar 31 1993 | $8.63 | $0.28 | 31.3x | -16% |
| FY1992 Q4 | - | $6.00 | $0.26 | 23.0x | -38% |
| FY1992 Q3 | Sep 30 1992 | $5.88 | $0.22 | 26.7x | -28% |
| FY1992 Q2 | - | $4.63 | $0.21 | 22.0x | -41% |
| FY1992 Q1 | - | $4.75 | $0.21 | 22.6x | -39% |
| FY1991 Q4 | Nov 30 1991 | $5.94 | $0.25 | 24.2x | -35% |
Average P/E for displayed period: 37.1x
Full Stock Analysis
Deep dive into CLH consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
35+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CLH — Frequently Asked Questions
Quick answers to the most common questions about buying CLH stock.
What is CLH's P/E ratio?
Clean Harbors, Inc. (CLH) trailing twelve-month P/E ratio is 39.6x, based on TTM diluted EPS of $7.46. The 5-year average P/E is 26.7x and the historical range spans 15.1x to 38.9x.
Is CLH stock overvalued or undervalued?
CLH trades at 39.6x P/E, above its 5-year average of 26.7x. The 100th percentile ranking within the 15.1x–38.9x historical range indicates a premium to historical valuation.
Is CLH stock expensive?
Yes, CLH is expensive relative to its own history. The current P/E of 39.6x is above the 5-year average of 26.7x and also above the Industrials sector median of 25.6x. The stock sits at the 100th percentile of its 5-year valuation range.
What is CLH's historical P/E range?
Over the past 5 years, CLH's P/E ratio has ranged from 15.1x to 38.9x, with a median of 28.1x and an average of 26.7x. The current P/E of 39.6x places the stock at the 100th percentile of this range. Full historical data spans 1991–2026.
How does CLH's P/E compare to the S&P 500?
CLH trades at 39.6x P/E versus the S&P 500 median of 24.4x. The 62% premium to the market typically reflects higher expected earnings growth or quality.
How does CLH's valuation compare to Industrials peers?
Clean Harbors, Inc. P/E of 39.6x compares to the Industrials sector median of 25.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CLH's PEG ratio?
CLH PEG ratio is 1.61, based on a P/E of 39.6x and EPS growth of -1.9%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.
What is CLH's earnings yield?
CLH earnings yield is 2.52%, the inverse of its 39.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.