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Covanta Holding is Among the Companies in the Environmental & Facilities Services Industry With the Highest Forward P/E Ratio (CVA, CLH, ROL, CWST, ECOL)

By Shiri Gupta

Below are the three companies in the Environmental & Facilities Services industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Covanta Holding ranks highest with a a forward P/E ratio of 77.46. Clean Harbors is next with a a forward P/E ratio of 46.01. Rollins Inc ranks third highest with a a forward P/E ratio of 42.59.

Casella Waste follows with a a forward P/E ratio of 26.70, and Us Ecology Inc rounds out the top five with a a forward P/E ratio of 26.08.

SmarTrend recommended that subscribers consider buying shares of Casella Waste on June 8th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $15.38. Since that recommendation, shares of Casella Waste have risen 14.3%. We continue to monitor Casella Waste for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio covanta holding clean harbors rollins inc casella waste us ecology inc

Ticker(s): CVA CLH ROL CWST ECOL