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Waste Management (MEX:WMI) Cyclically Adjusted Book per Share : MXN381.41 (As of Mar. 2025)


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What is Waste Management Cyclically Adjusted Book per Share?

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 Management's adjusted book value per share for the three months ended in Mar. 2025 was MXN439.802. 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 MXN381.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Waste Management's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Management was 15.40% per year. The lowest was 0.40% per year. And the median was 4.45% per year.

As of today (2025-05-25), Waste Management's current stock price is MXN4315.00. Waste Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN381.41. Waste Management's Cyclically Adjusted PB Ratio of today is 11.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Waste Management was 12.85. The lowest was 3.44. And the median was 7.97.


Waste Management Cyclically Adjusted Book per Share Historical Data

The historical data trend for Waste Management'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.

* Premium members only.

Waste Management Cyclically Adjusted Book per Share Chart

Waste Management Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 313.54 372.59 287.62 358.45

Waste Management Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 293.79 323.85 346.75 358.45 381.41

Competitive Comparison of Waste Management's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Waste Management'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 Management's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

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

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


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Waste Management 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 Management's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=439.802/134.9266*134.9266
=439.802

Current CPI (Mar. 2025) = 134.9266.

Waste Management Quarterly Data

Book Value per Share CPI Adj_Book
201506 187.028 100.684 250.636
201509 198.137 100.392 266.297
201512 205.528 99.792 277.889
201603 204.761 100.470 274.984
201606 218.033 101.688 289.301
201609 234.434 101.861 310.535
201612 248.587 101.863 329.277
201703 235.072 102.862 308.349
201706 225.523 103.349 294.430
201709 220.598 104.136 285.825
201712 272.802 104.011 353.888
201803 254.313 105.290 325.898
201806 277.695 106.317 352.423
201809 273.223 106.507 346.129
201812 290.600 105.998 369.910
201903 292.984 107.251 368.589
201906 293.073 108.070 365.907
201909 315.799 108.329 393.334
201912 314.151 108.420 390.955
202003 374.672 108.902 464.210
202006 376.770 108.767 467.386
202009 374.032 109.815 459.563
202012 350.602 109.897 430.454
202103 359.682 111.754 434.262
202106 347.775 114.631 409.348
202109 352.559 115.734 411.024
202112 351.198 117.630 402.841
202203 342.608 121.301 381.093
202206 350.004 125.017 377.748
202209 343.465 125.227 370.070
202212 327.366 125.222 352.737
202303 301.044 127.348 318.960
202306 292.553 128.729 306.639
202309 300.530 129.860 312.257
202312 291.871 129.419 304.291
202403 292.883 131.776 299.885
202406 340.597 132.554 346.694
202409 391.447 133.029 397.031
202412 428.652 133.157 434.348
202503 439.802 134.927 439.802

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


Waste Management  (MEX:WMI) 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 Management's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4315.00/381.41
=11.31

* 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 Management was 12.85. The lowest was 3.44. And the median was 7.97.


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 Management Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Waste Management's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Waste Management Business Description

Industry
Address
800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, industrial, and medical end markets and is also a leading recycler in North America.

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