RSG (Republic Services) Cyclically Adjusted Book per Share: $34.64 (As of Jun. 2026)

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RSG Republic Services Inc RSG
77 GF Score
Price $222.11
GF Value $223.70
Valuation Fairly Valued
! 3 Warning Signs
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What is Republic Services Cyclically Adjusted Book per Share?

Republic Services RSG +1.30% 77 Cyclically Adjusted Book per Share is $34.64 as of Jun. 2026. GuruFocus rates RSG with a GF Score™ of 77/100 and a GF Value™ of $223.70 (Fairly Valued). The stock has 3 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.

Republic Services's adjusted book value per share for the three months ended in Jun. 2026 was $39.320. 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 $34.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Republic Services's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Republic Services was 15.30% per year. The lowest was 4.30% per year. And the median was 8.80% per year.

As of today (2026-08-31), Republic Services's current stock price is $222.11. Republic Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $34.64. Republic Services's Cyclically Adjusted PB Ratio of today is 6.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Republic Services was 7.99. The lowest was 2.54. And the median was 4.44.


Republic Services  (NYSE:RSG) 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.

Republic Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=222.11/34.64
=6.41

* 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 Republic Services was 7.99. The lowest was 2.54. And the median was 4.44.


Be Aware

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


Republic Services Cyclically Adjusted Book per Share Related Terms


Republic Services Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Republic Services'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.

Republic Services Cyclically Adjusted Book per Share Chart

Republic Services 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 26.72 28.70 30.10 31.59 33.23

Republic Services 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 32.69 33.10 33.23 34.05 34.64

RSG vs WM, WCN, CLH: Cyclically Adjusted Book per Share Comparison

For the Waste Management subindustry, Republic Services'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.


Republic Services Cyclically Adjusted PB Ratio vs Waste Management Industry

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

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


RSG
77GF Score
Republic Services Inc RSG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Republic Services 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, Republic Services'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)
=39.32/333.9520*333.9520
=39.320

Current CPI (Jun. 2026) = 333.9520.

Republic Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.415 241.428 31.005
201612 22.661 241.432 31.345
201703 22.678 243.801 31.064
201706 22.739 244.955 31.001
201709 22.874 246.819 30.949
201712 23.994 246.524 32.503
201803 24.077 249.554 32.220
201806 24.097 251.989 31.935
201809 24.404 252.439 32.284
201812 24.580 251.233 32.673
201903 24.618 254.202 32.341
201906 24.791 256.143 32.322
201909 24.973 256.759 32.481
201912 25.465 256.974 33.093
202003 25.518 258.115 33.015
202006 25.855 257.797 33.493
202009 26.280 260.280 33.719
202012 29.841 260.474 38.259
202103 27.062 264.877 34.119
202106 27.535 271.696 33.844
202109 27.939 274.310 34.014
202112 28.307 278.802 33.906
202203 28.448 287.504 33.044
202206 29.163 296.311 32.868
202209 30.031 296.808 33.789
202212 30.642 296.797 34.478
202303 31.352 301.836 34.688
202306 32.249 305.109 35.298
202309 32.787 307.789 35.574
202312 33.505 306.746 36.477
202403 34.351 312.332 36.729
202406 35.048 314.175 37.254
202409 35.842 315.301 37.962
202412 36.554 315.605 38.679
202503 37.381 319.799 39.035
202506 38.560 322.561 39.922
202509 38.227 324.800 39.304
202512 38.857 324.054 40.044
202603 38.974 330.213 39.415
202606 39.320 333.952 39.320

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 $34.64 mean?
Republic Services (RSG) has a Cyclically Adjusted Book per Share of $34.64 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 Republic Services and its competitors.
Is Republic Services' Cyclically Adjusted Book per Share too high?
Republic Services' current Cyclically Adjusted Book per Share is $34.64. Overall, Republic Services has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Republic Services' Cyclically Adjusted Book per Share compare to WM and WCN?
Republic Services' Cyclically Adjusted Book per Share of $34.64 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 Republic Services and its competitors. Republic Services's current Cyclically Adjusted Book per Share is $34.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Services stock overvalued right now?
Based on GuruFocus' analysis, Republic Services (RSG) is currently considered Fairly Valued. The stock's GF Value™ is $223.70, compared to a current price of $222.11 — trading 0.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $34.64. Republic Services' overall GF Score™ is 77/100 with 3 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 Republic Services (RSG), the current Cyclically Adjusted Book per Share is $34.64 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 Republic Services (RSG) Overvalued in 2026?

Based on GuruFocus' analysis, Republic Services stock appears to be undervalued. The current stock price of $222.11 is trading 0.7% below its estimated GF Value™ of $223.70. GuruFocus considers Republic Services to be Fairly Valued.

Key valuation signals for RSG:

  • Cyclically Adjusted Book per Share: $34.64
  • GF Value™: $223.70 vs. price of $222.11 (0.7% below fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Republic Services Business Description

Address 5353 East City North Drive, Phoenix, AZ, USA, 85054
Republic Services Group is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments based on the Western United States (Group 1), Eastern United States (Group 2), and Environmental Solutions across North America (Group 3). Eighty-nine percent of total revenue comes from recycling and waste, with the remaining 11% from Environmental Solutions.
77GF Score

Get the complete analysis for RSG

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

$222.11
Price
$223.70
GF Value