Waste Management, Inc. (WM) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
WM, previously known as Waste Management, ranks as the largest integrated provider of traditional solid waste services in the United States, operating 257 active landfill sites and about 342 transf...
Waste Management, Inc. (WM) currently trades at a P/E ratio of 31.78 (historical range: 28.49–60.93, median: 37.76), placing it at the 16th percentile — cheap relative to its history, P/S ratio of 3.53 (range: 3.17–7.30, 14th percentile — cheap relative to its history), EV/EBITDA of 25.16 (range: 23.11–44.30, 14th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Waste Management, Inc.'s P/E ratio has expanded by 19% over the observed period (from an average of 35.6 to 42.3).
Waste Management, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 31.78 | 37.76 | 16th | cheap relative to its history |
| P/S Ratio | 3.53 | 4.18 | 14th | cheap relative to its history |
| EV/EBITDA | 25.16 | 28.84 | 14th | cheap relative to its history |
| FCF Yield | 3.94% | 2.26% | 92th | cheap relative to its history |
Waste Management, Inc. (WM) Valuation & P/E History
Waste Management, Inc. (WM) is a US-listed stock operating in the Industrials sector, specifically the Waste Management industry currently trading at $226.87 with a market capitalization of $90.7 billion. This page provides historical valuation analysis for WM based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 31.78 is below the historical median of 37.76, placing WM at the 16th percentile of its valuation range. The P/S ratio of 3.53 compares to a median of 4.18.
WM Valuation Metrics & Historical Range
The valuation table above shows Waste Management, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether WM is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests WM is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Waste Management, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is WM Overvalued or Undervalued?
Waste Management, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 15 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive WM is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full WM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.WM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.