Subdued Growth No Barrier To Casella Waste Systems, Inc.’s (NASDAQ:CWST) Price
Casella Waste Systems, Inc.’s (NASDAQ:CWST) price-to-earnings (or “P/E”) ratio of 78.6x might make it look like a strong sell right now compared to the market in the United States, where around half of the companies have P/E ratios below 18x and even P/E’s below 10x are quite common. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified.
With its earnings growth in positive territory compared to the declining earnings of most othe…