Waste Connections (MEX:WCNN) Cyclically Adjusted Book per Share: MXN520.91 (As of Jun. 2026)

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MEX:WCNN Waste Connections Inc MEX:WCNN
91 GF Score
Price MXN2,880.00
GF Value MXN3,613.14
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Waste Connections Cyclically Adjusted Book per Share?

Waste Connections MEX:WCNN 91 Cyclically Adjusted Book per Share is MXN520.91 as of Jun. 2026. GuruFocus rates MEX:WCNN with a GF Score™ of 91/100 and a GF Value™ of MXN3,613.14 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Waste Connections's adjusted book value per share for the three months ended in Jun. 2026 was MXN548.144. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN520.91 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Waste Connections's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Waste Connections was 17.00% per year. The lowest was 8.90% per year. And the median was 12.75% per year.

As of today (2026-08-09), Waste Connections's current stock price is MXN2880.00. Waste Connections's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN520.91. Waste Connections's Cyclically Adjusted PB Ratio of today is 5.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Waste Connections was 7.11. The lowest was 4.57. And the median was 5.94.


Waste Connections  (MEX:WCNN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Waste Connections's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2880.00/520.91
=5.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Waste Connections was 7.11. The lowest was 4.57. And the median was 5.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Waste Connections Cyclically Adjusted Book per Share Related Terms


Waste Connections Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Waste Connections's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waste Connections Cyclically Adjusted Book per Share Chart

Waste Connections Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 398.74 473.37 428.21 637.20 535.84

Waste Connections Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 534.76 539.95 535.84 537.09 520.91

MEX:WCNN vs RSG, CLH, GFL: Cyclically Adjusted Book per Share Comparison

For the Waste Management subindustry, Waste Connections's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waste Connections Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Waste Connections's Cyclically Adjusted PB Ratio falls into.


MEX:WCNN
91GF Score
Waste Connections Inc MEX:WCNN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waste Connections Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Waste Connections's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=548.144/133.5265*133.5265
=548.144

Current CPI (Jun. 2026) = 133.5265.

Waste Connections Quarterly Data

Book Value per Share CPI Adj_Book
201609 413.198 101.765 542.162
201612 443.050 101.449 583.142
201703 403.681 102.634 525.189
201706 398.008 103.029 515.823
201709 412.534 103.345 533.014
201712 467.233 103.345 603.688
201803 432.946 105.004 550.548
201806 473.107 105.557 598.466
201809 461.605 105.636 583.480
201812 481.629 105.399 610.160
201903 482.997 106.979 602.855
201906 488.411 107.690 605.587
201909 508.570 107.611 631.045
201912 496.043 107.769 614.599
202003 596.215 107.927 737.631
202006 570.184 108.401 702.340
202009 559.954 108.164 691.251
202012 519.146 108.559 638.542
202103 540.259 110.298 654.039
202106 524.674 111.720 627.086
202109 543.048 112.905 642.233
202112 550.978 113.774 646.634
202203 523.100 117.646 593.713
202206 537.173 120.806 593.736
202209 542.807 120.648 600.749
202212 538.959 120.964 594.932
202303 506.405 122.702 551.078
202306 496.203 124.203 533.450
202309 513.016 125.230 547.002
202312 506.909 125.072 541.173
202403 500.979 126.258 529.821
202406 566.948 127.522 593.645
202409 630.484 127.285 661.402
202412 635.353 127.364 666.096
202503 634.705 129.181 656.056
202506 608.843 129.892 625.879
202509 580.001 130.287 594.422
202512 580.810 130.366 594.890
202603 571.568 132.262 577.031
202606 548.144 133.527 548.144

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN520.91 mean?
Waste Connections (MEX:WCNN) has a Cyclically Adjusted Book per Share of MXN520.91 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Waste Connections and its competitors.
Is Waste Connections' Cyclically Adjusted Book per Share too high?
Waste Connections' current Cyclically Adjusted Book per Share is MXN520.91. Overall, Waste Connections has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' Cyclically Adjusted Book per Share compare to RSG and CLH?
Waste Connections' Cyclically Adjusted Book per Share of MXN520.91 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Waste Management company?
A good Cyclically Adjusted Book per Share depends on the Waste Management industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Waste Connections and its competitors. Waste Connections's current Cyclically Adjusted Book per Share is MXN520.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Connections stock overvalued right now?
Based on GuruFocus' analysis, Waste Connections (MEX:WCNN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,613.14, compared to a current price of MXN2,880.00 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN520.91. Waste Connections' overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current Cyclically Adjusted Book per Share is MXN520.91 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waste Connections (MEX:WCNN) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Connections stock appears to be undervalued. The current stock price of MXN2,880.00 is trading 20.3% below its estimated GF Value™ of MXN3,613.14. GuruFocus considers Waste Connections to be Modestly Undervalued.

Key valuation signals for MEX:WCNN:

  • Cyclically Adjusted Book per Share: MXN520.91
  • GF Value™: MXN3,613.14 vs. price of MXN2,880.00 (20.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the MEX:WCNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waste Connections Business Description

Address 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
91GF Score

Get the complete analysis for MEX:WCNN

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,880.00
Price
MXN3,613.14
GF Value