A Look Into Clean Harbors Inc's Price Over Earnings - Clean Harbors (NYSE:CLH)

Core Insights - Clean Harbors Inc. (NYSE:CLH) shares are currently trading at $237.87, reflecting a 0.38% increase in the current session, a 1.04% increase over the past month, but a 7.87% decrease over the past year [1] - The company's P/E ratio is lower than the aggregate P/E of 211.76 for the Commercial Services & Supplies industry, suggesting potential undervaluation [6] Company Performance - The stock has shown a slight increase in the short term but has experienced a decline over the past year, raising questions about its valuation [1] - The lower P/E ratio may indicate that shareholders do not expect the stock to outperform in the future, or it could suggest that the stock is undervalued [5][6] Industry Comparison - Clean Harbors' P/E ratio being lower than the industry average could imply that the stock may perform worse than its peers, but it also raises the possibility of undervaluation [6] - Investors should consider the P/E ratio in conjunction with other financial metrics and industry trends to assess the company's overall financial health [8]