Article in Weekend Fin Review (p45) says it is up for sale and the current forward pe is 13 whereas industry average is 16.
What is not in the article is that CLH's pe is really better than this (lower) because of the money they are continually sinking into their currently loss-making Rapid Ratings initiative (which they indicated they will float in 2007). They could easily discontinue investing in Rapid Ratings and increase profit.. But they think the business will find traction and prove a winner.
Yes I am talking my own book. FYI.. This is not a recommendation to invest.
CLH Price at posting:
0.0¢ Sentiment: None Disclosure: Held