Clean Harbors (MEX:CLH1) Cyclically Adjusted PB Ratio: 8.15 (As of Aug. 10, 2026) — 106% Above Median

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MEX:CLH1 Clean Harbors Inc MEX:CLH1
81 GF Score
Price MXN5,215.50
GF Value MXN4,308.03
! 5 Warning Signs
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What is Clean Harbors Cyclically Adjusted PB Ratio?

Clean Harbors MEX:CLH1 81 Cyclically Adjusted PB Ratio is 8.15 as of Aug. 10, 2026, which is 106% above its 10-year median of 3.95. GuruFocus rates MEX:CLH1 with a GF Score™ of 81/100 and a GF Value™ of MXN4,308.03. The stock has 5 warning signs investors should review. Among 161 Waste Management companies, Clean Harbors ranks worse than 96.89% on this metric.

As of today (2026-08-10), Clean Harbors's current share price is MXN5215.50. Clean Harbors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN639.65. Clean Harbors's Cyclically Adjusted PB Ratio for today is 8.15.

The historical rank and industry rank for Clean Harbors's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:CLH1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.95   Max: 8.77
Current: 8.41

During the past years, Clean Harbors's highest Cyclically Adjusted PB Ratio was 8.77. The lowest was 1.95. And the median was 3.95.

MEX:CLH1's Cyclically Adjusted PB Ratio is ranked worse than
96.89% of 161 companies
in the Waste Management industry
Industry Median: 1.66 vs MEX:CLH1: 8.41

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 adjusted book value per share data for the three months ended in Jun. 2026 was MXN967.931. 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 MXN639.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Harbors  (MEX:CLH1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Clean Harbors Cyclically Adjusted PB Ratio Related Terms


Clean Harbors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clean Harbors's Cyclically Adjusted PB Ratio 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.

Clean Harbors Cyclically Adjusted PB Ratio Chart

Clean Harbors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 4.24 6.09 7.42 6.85

Clean Harbors Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 7.05 6.90 6.85 8.07 8.15

MEX:CLH1 vs GFL, CWST, ONT: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MEX:CLH1
81GF Score
Clean Harbors Inc MEX:CLH1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Harbors Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5215.50/639.65
=8.15

* 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.

Clean Harbors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Clean Harbors'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)
=967.931/333.9520*333.9520
=967.931

Current CPI (Jun. 2026) = 333.9520.

Clean Harbors Quarterly Data

Book Value per Share CPI Adj_Book
201609 370.924 241.428 513.076
201612 390.132 241.432 539.636
201703 350.191 243.801 479.682
201706 348.192 244.955 474.697
201709 359.711 246.819 486.698
201712 413.014 246.524 559.487
201803 370.014 249.554 495.151
201806 406.761 251.989 539.066
201809 399.942 252.439 529.084
201812 411.269 251.233 546.680
201903 407.211 254.202 534.964
201906 415.914 256.143 542.257
201909 437.161 256.759 568.591
201912 429.203 256.974 557.773
202003 508.932 258.115 658.462
202006 520.459 257.797 674.206
202009 521.711 260.280 669.381
202012 487.213 260.474 624.653
202103 505.283 264.877 637.051
202106 515.861 271.696 634.065
202109 553.092 274.310 673.348
202112 570.681 278.802 683.568
202203 582.992 287.504 677.178
202206 638.359 296.311 719.451
202209 683.613 296.808 769.164
202212 693.195 296.797 779.974
202303 659.807 301.836 730.012
202306 668.731 305.109 731.948
202309 703.734 307.789 763.554
202312 707.393 306.746 770.133
202403 711.337 312.332 760.577
202406 829.456 314.175 881.669
202409 923.638 315.301 978.274
202412 997.023 315.605 1,054.983
202503 980.733 319.799 1,024.136
202506 953.178 322.561 986.839
202509 953.015 324.800 979.868
202512 935.059 324.054 963.620
202603 947.321 330.213 958.048
202606 967.931 333.952 967.931

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

What does a Cyclically Adjusted PB Ratio of 8.15 mean?
Clean Harbors (MEX:CLH1) has a Cyclically Adjusted PB Ratio of 8.15 as of Aug. 10, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Clean Harbors and its competitors. This is 106% above median its historical median of 3.95. Over the past decade, Clean Harbors' Cyclically Adjusted PB Ratio has ranged from 1.95 to 8.77. According to the industry distribution chart, Clean Harbors ranks #156 out of 161 companies in the Waste Management industry, placing it in the top 96.9%.
Is Clean Harbors' Cyclically Adjusted PB Ratio too high?
Clean Harbors' current Cyclically Adjusted PB Ratio of 8.15 is 106% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 8.77. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.66. Clean Harbors' value of 8.15 is 391% above this industry median. Based on the distribution chart, Clean Harbors ranks #156 out of 161 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Clean Harbors has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' Cyclically Adjusted PB Ratio compare to GFL and CWST?
According to the Waste Management industry distribution chart, Clean Harbors ranks #156 out of 161 companies for Cyclically Adjusted PB Ratio. This places Clean Harbors in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Clean Harbors' value of 8.15 is 391% above this benchmark. Historically, Clean Harbors' own Cyclically Adjusted PB Ratio has ranged from 1.95 to 8.77 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 1.66, Clean Harbors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.66, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Harbors's current Cyclically Adjusted PB Ratio of 8.15 is 391% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Clean Harbors and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current Cyclically Adjusted PB Ratio is 8.15, which is 106% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Harbors stock overvalued right now?
Clean Harbors (MEX:CLH1) has a current Cyclically Adjusted PB Ratio of 8.15. The stock's GF Value™ is MXN4,308.03, compared to a current price of MXN5,215.50 — trading 21.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.15, which is 106% above median its 10-year median of 3.95 and 391% above the Waste Management industry median of 1.66. Clean Harbors' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Clean Harbors (MEX:CLH1), the current Cyclically Adjusted PB Ratio is 8.15 as of Aug. 10, 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 Clean Harbors (MEX:CLH1) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued. The current stock price of MXN5,215.50 is trading 21.1% above its estimated GF Value™ of MXN4,308.03.

Key valuation signals for MEX:CLH1:

  • Cyclically Adjusted PB Ratio: 8.15 (106% above median its 10-year median of 3.95)
  • GF Value™: MXN4,308.03 vs. price of MXN5,215.50 (21.1% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 391% above the Waste Management median (#156 of 161)

No single metric tells the full story. See the MEX:CLH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clean Harbors Business Description

Other Exchanges CLH:USACH6:Germany
Address 42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider that provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. Environmental Services includes waste collection, transportation, treatment, recycling, and disposal, along with industrial maintenance services. Safety-Kleen Sustainability Solutions provides used oil collection and manufactures base oil, vacuum gas oil, and lubricants. The company generates the majority of its revenues from the Environmental Services segment and operates in the United States, with maximum revenue, and Canada.
81GF Score

Get the complete analysis for MEX:CLH1

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

MXN5,215.50
Price
MXN4,308.03
GF Value