GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Clean Harbors Inc (STU:CH6) » Definitions » Cyclically Adjusted Book per Share

Clean Harbors (STU:CH6) Cyclically Adjusted Book per Share : €29.40 (As of Mar. 2025)


View and export this data going back to . Start your Free Trial

What is Clean Harbors 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.

Clean Harbors's adjusted book value per share for the three months ended in Mar. 2025 was €44.343. 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 €29.40 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Clean Harbors's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Clean Harbors was 33.20% per year. The lowest was -12.80% per year. And the median was 8.10% per year.

As of today (2025-05-27), Clean Harbors's current stock price is €199.75. Clean Harbors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €29.40. Clean Harbors's Cyclically Adjusted PB Ratio of today is 6.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Clean Harbors was 8.54. The lowest was 1.95. And the median was 3.58.


Clean Harbors Cyclically Adjusted Book per Share Historical Data

The historical data trend for Clean Harbors'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.

Clean Harbors Cyclically Adjusted Book per Share Chart

Clean Harbors 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 17.74 21.43 25.24 26.00 29.35

Clean Harbors 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 26.98 28.45 27.21 29.35 29.40

Competitive Comparison of Clean Harbors's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Clean Harbors'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.


Clean Harbors's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

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

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


;
;

Clean Harbors 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, Clean Harbors'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)
=44.343/134.9266*134.9266
=44.343

Current CPI (Mar. 2025) = 134.9266.

Clean Harbors Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.894 100.684 23.980
201509 17.348 100.392 23.316
201512 17.474 99.792 23.626
201603 17.423 100.470 23.398
201606 17.281 101.688 22.930
201609 17.093 101.861 22.642
201612 17.939 101.863 23.762
201703 17.390 102.862 22.811
201706 17.144 103.349 22.382
201709 16.630 104.136 21.547
201712 17.770 104.011 23.052
201803 16.517 105.290 21.166
201806 17.720 106.317 22.488
201809 18.324 106.507 23.214
201812 18.411 105.998 23.436
201903 18.578 107.251 23.372
201906 19.162 108.070 23.924
201909 20.106 108.329 25.042
201912 20.482 108.420 25.489
202003 19.643 108.902 24.337
202006 20.023 108.767 24.839
202009 20.050 109.815 24.635
202012 20.133 109.897 24.718
202103 20.764 111.754 25.069
202106 21.509 114.631 25.317
202109 22.864 115.734 26.656
202112 24.620 117.630 28.240
202203 26.586 121.301 29.572
202206 30.017 125.017 32.396
202209 34.325 125.227 36.984
202212 33.565 125.222 36.166
202303 34.189 127.348 36.224
202306 36.003 128.729 37.736
202309 37.855 129.860 39.332
202312 38.216 129.419 39.842
202403 39.432 131.776 40.375
202406 42.061 132.554 42.814
202409 42.264 133.029 42.867
202412 45.655 133.157 46.262
202503 44.343 134.927 44.343

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


Clean Harbors  (STU:CH6) 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.

Clean Harbors's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=199.75/29.40
=6.79

* 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 Clean Harbors was 8.54. The lowest was 1.95. And the median was 3.58.


Be Aware

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


Clean Harbors Cyclically Adjusted Book per Share Related Terms

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


Clean Harbors Business Description

Industry
Traded in Other Exchanges
Address
42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.

Clean Harbors Headlines

No Headlines