RSG (Republic Services) Cyclically Adjusted PB Ratio: 6.37 (As of Jul. 25, 2026) — 46% Above Median

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RSG Republic Services Inc RSG
76 GF Score
Price $216.91
GF Value $220.74
Valuation Fairly Valued
! 3 Warning Signs
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What is Republic Services Cyclically Adjusted PB Ratio?

Republic Services RSG -0.23% 76 Cyclically Adjusted PB Ratio is 6.37 as of Jul. 25, 2026, which is 46% above its 10-year median of 4.36. GuruFocus rates RSG with a GF Score™ of 76/100 and a GF Value™ of $220.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 161 Waste Management companies, Republic Services ranks worse than 92.55% on this metric.

As of today (2026-07-25), Republic Services's current share price is $216.91. Republic Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $34.05. Republic Services's Cyclically Adjusted PB Ratio for today is 6.37.

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

RSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.54   Med: 4.36   Max: 7.99
Current: 6.37

During the past years, Republic Services's highest Cyclically Adjusted PB Ratio was 7.99. The lowest was 2.54. And the median was 4.36.

RSG's Cyclically Adjusted PB Ratio is ranked worse than
92.55% of 161 companies
in the Waste Management industry
Industry Median: 1.61 vs RSG: 6.37

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 adjusted book value per share data for the three months ended in Mar. 2026 was $38.974. 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 $34.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Republic Services  (NYSE:RSG) 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.


Republic Services Cyclically Adjusted PB Ratio Related Terms


Republic Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Republic Services'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.

Republic Services Cyclically Adjusted PB Ratio Chart

Republic Services 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 5.22 4.49 5.48 6.37 6.38

Republic Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.52 7.54 6.93 6.38 6.43

RSG vs WCN, WM, CLH: Cyclically Adjusted PB Ratio 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
76GF Score
Republic Services Inc RSG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Republic Services 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=216.91/34.05
=6.37

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Republic Services's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=38.974/330.2130*330.2130
=38.974

Current CPI (Mar. 2026) = 330.2130.

Republic Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.631 241.018 31.006
201609 22.415 241.428 30.658
201612 22.661 241.432 30.994
201703 22.678 243.801 30.716
201706 22.739 244.955 30.653
201709 22.874 246.819 30.603
201712 23.994 246.524 32.139
201803 24.077 249.554 31.859
201806 24.097 251.989 31.577
201809 24.404 252.439 31.923
201812 24.580 251.233 32.307
201903 24.618 254.202 31.979
201906 24.791 256.143 31.960
201909 24.973 256.759 32.117
201912 25.465 256.974 32.723
202003 25.518 258.115 32.646
202006 25.855 257.797 33.118
202009 26.280 260.280 33.341
202012 29.841 260.474 37.831
202103 27.062 264.877 33.737
202106 27.535 271.696 33.465
202109 27.939 274.310 33.633
202112 28.307 278.802 33.527
202203 28.448 287.504 32.674
202206 29.163 296.311 32.500
202209 30.031 296.808 33.411
202212 30.642 296.797 34.092
202303 31.352 301.836 34.300
202306 32.249 305.109 34.902
202309 32.787 307.789 35.176
202312 33.505 306.746 36.068
202403 34.351 312.332 36.318
202406 35.048 314.175 36.837
202409 35.842 315.301 37.537
202412 36.554 315.605 38.246
202503 37.381 319.799 38.598
202506 38.560 322.561 39.475
202509 38.227 324.800 38.864
202512 38.857 324.054 39.596
202603 38.974 330.213 38.974

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 6.37 mean?
Republic Services (RSG) has a Cyclically Adjusted PB Ratio of 6.37 as of Jul. 25, 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 Republic Services and its competitors. This is 46% above median its historical median of 4.36. Over the past decade, Republic Services' Cyclically Adjusted PB Ratio has ranged from 2.54 to 7.99. According to the industry distribution chart, Republic Services ranks #149 out of 161 companies in the Waste Management industry, placing it in the top 92.5%.
Is Republic Services' Cyclically Adjusted PB Ratio too high?
Republic Services' current Cyclically Adjusted PB Ratio of 6.37 is 46% above median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 7.99. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.61. Republic Services' value of 6.37 is 295.7% above this industry median. Based on the distribution chart, Republic Services ranks #149 out of 161 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Republic Services has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Republic Services' Cyclically Adjusted PB Ratio compare to WCN and WM?
According to the Waste Management industry distribution chart, Republic Services ranks #149 out of 161 companies for Cyclically Adjusted PB Ratio. This places Republic Services in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Republic Services' value of 6.37 is 295.7% above this benchmark. Historically, Republic Services' own Cyclically Adjusted PB Ratio has ranged from 2.54 to 7.99 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 1.61, Republic Services 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 1.61, 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. Republic Services's current Cyclically Adjusted PB Ratio of 6.37 is 295.7% 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 Republic Services and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Services's current Cyclically Adjusted PB Ratio is 6.37, which is 46% above median its own 10-year median of 4.36. 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 $220.74, compared to a current price of $216.91 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.37, which is 46% above median its 10-year median of 4.36 and 295.7% above the Waste Management industry median of 1.61. Republic Services' overall GF Score™ is 76/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Republic Services (RSG), the current Cyclically Adjusted PB Ratio is 6.37 as of Jul. 25, 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 $216.91 is trading 1.7% below its estimated GF Value™ of $220.74. GuruFocus considers Republic Services to be Fairly Valued.

Key valuation signals for RSG:

  • Cyclically Adjusted PB Ratio: 6.37 (46% above median its 10-year median of 4.36)
  • GF Value™: $220.74 vs. price of $216.91 (1.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 295.7% above the Waste Management median (#149 of 161)

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.
76GF Score

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

$216.91
Price
$220.74
GF Value