Is Clean Harbors, Inc. overvalued or undervalued?

As of 30 October 2024, the valuation grade for Clean Harbors, Inc. has moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 32, an EV to EBITDA of 13.21, and a Price to Book Value of 4.71. In comparison, peers such as Stericycle, Inc. have a significantly higher P/E ratio of 81.41, while Casella Waste Systems, Inc. shows an even more elevated P/E of 171.98, indicating that Clean Harbors is relatively more attractively priced within its industry.
Despite a challenging recent performance with a 1-year return of -1.12% compared to the S&P 500's 17.14%, Clean Harbors has demonstrated strong long-term performance, with a 5-year return of 323.92% versus the S&P 500's 96.61%. This suggests that while the company may be facing short-term headwinds, its long-term growth potential remains robust.