SECYF (Secure Waste Infrastructure) Cyclically Adjusted PB Ratio: 4.62 (As of Aug. 17, 2026) — 273% Above Median

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SECYF Secure Waste Infrastructure Corp SECYF
51 GF Score
Price $17.48
GF Value $2.00
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Secure Waste Infrastructure Cyclically Adjusted PB Ratio?

Secure Waste Infrastructure SECYF +0.92% 51 Cyclically Adjusted PB Ratio is 4.62 as of Aug. 17, 2026, which is 273% above its 10-year median of 1.24. GuruFocus rates SECYF with a GF Score™ of 51/100 and a GF Value™ of $2.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 161 Waste Management companies, Secure Waste Infrastructure ranks worse than 85.09% on this metric.

As of today (2026-08-17), Secure Waste Infrastructure's current share price is $17.4795. Secure Waste Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.78. Secure Waste Infrastructure's Cyclically Adjusted PB Ratio for today is 4.62.

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

SECYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.24   Max: 4.52
Current: 4.52

During the past years, Secure Waste Infrastructure's highest Cyclically Adjusted PB Ratio was 4.52. The lowest was 0.18. And the median was 1.24.

SECYF's Cyclically Adjusted PB Ratio is ranked worse than
85.09% of 161 companies
in the Waste Management industry
Industry Median: 1.7 vs SECYF: 4.52

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.

Secure Waste Infrastructure's adjusted book value per share data for the three months ended in Jun. 2026 was $2.628. 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 $3.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Secure Waste Infrastructure  (OTCPK:SECYF) 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.


Secure Waste Infrastructure Cyclically Adjusted PB Ratio Related Terms


Secure Waste Infrastructure Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Secure Waste Infrastructure'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.

Secure Waste Infrastructure Cyclically Adjusted PB Ratio Chart

Secure Waste Infrastructure 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 0.90 1.16 1.57 2.80 3.17

Secure Waste Infrastructure 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 2.75 3.57 3.17 4.03 4.12

SECYF vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Secure Waste Infrastructure'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.


Secure Waste Infrastructure Cyclically Adjusted PB Ratio vs Waste Management Industry

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

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


SECYF
51GF Score
Secure Waste Infrastructure Corp SECYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secure Waste Infrastructure 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.

Secure Waste Infrastructure's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.4795/3.78
=4.62

* 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.

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

For example, Secure Waste Infrastructure'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)
=2.628/133.5265*133.5265
=2.628

Current CPI (Jun. 2026) = 133.5265.

Secure Waste Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.434 101.765 5.818
201612 4.326 101.449 5.694
201703 4.275 102.634 5.562
201706 4.205 103.029 5.450
201709 4.498 103.345 5.812
201712 4.192 103.345 5.416
201803 4.128 105.004 5.249
201806 4.012 105.557 5.075
201809 4.016 105.636 5.076
201812 3.945 105.399 4.998
201903 3.875 106.979 4.837
201906 3.810 107.690 4.724
201909 3.798 107.611 4.713
201912 3.800 107.769 4.708
202003 3.460 107.927 4.281
202006 3.421 108.401 4.214
202009 3.470 108.164 4.284
202012 3.380 108.559 4.157
202103 3.385 110.298 4.098
202106 3.399 111.720 4.062
202109 3.263 112.905 3.859
202112 2.804 113.774 3.291
202203 2.919 117.646 3.313
202206 3.030 120.806 3.349
202209 3.064 120.648 3.391
202212 3.012 120.964 3.325
202303 2.962 122.702 3.223
202306 3.022 124.203 3.249
202309 2.991 125.230 3.189
202312 3.073 125.072 3.281
202403 3.886 126.258 4.110
202406 3.134 127.522 3.282
202409 3.282 127.285 3.443
202412 3.124 127.364 3.275
202503 2.939 129.181 3.038
202506 2.719 129.892 2.795
202509 2.570 130.287 2.634
202512 2.641 130.366 2.705
202603 2.598 132.262 2.623
202606 2.628 133.527 2.628

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 4.62 mean?
Secure Waste Infrastructure (SECYF) has a Cyclically Adjusted PB Ratio of 4.62 as of Aug. 17, 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 Secure Waste Infrastructure and its competitors. This is 273% above median its historical median of 1.24. Over the past decade, Secure Waste Infrastructure's Cyclically Adjusted PB Ratio has ranged from 0.18 to 4.52. According to the industry distribution chart, Secure Waste Infrastructure ranks #137 out of 161 companies in the Waste Management industry, placing it in the top 85.1%.
Is Secure Waste Infrastructure's Cyclically Adjusted PB Ratio too high?
Secure Waste Infrastructure's current Cyclically Adjusted PB Ratio of 4.62 is 273% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 4.52. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.70. Secure Waste Infrastructure's value of 4.62 is 171.8% above this industry median. Based on the distribution chart, Secure Waste Infrastructure ranks #137 out of 161 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Secure Waste Infrastructure has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Secure Waste Infrastructure ranks #137 out of 161 companies for Cyclically Adjusted PB Ratio. This places Secure Waste Infrastructure in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.70. Secure Waste Infrastructure's value of 4.62 is 171.8% above this benchmark. Historically, Secure Waste Infrastructure's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 4.52 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.70, Secure Waste Infrastructure 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 1.70, 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. Secure Waste Infrastructure's current Cyclically Adjusted PB Ratio of 4.62 is 171.8% 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 Secure Waste Infrastructure and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Waste Infrastructure's current Cyclically Adjusted PB Ratio is 4.62, which is 273% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Secure Waste Infrastructure (SECYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.00, compared to a current price of $17.48 — trading 774% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.62, which is 273% above median its 10-year median of 1.24 and 171.8% above the Waste Management industry median of 1.70. Secure Waste Infrastructure's overall GF Score™ is 51/100 with 6 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 Secure Waste Infrastructure (SECYF), the current Cyclically Adjusted PB Ratio is 4.62 as of Aug. 17, 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 Secure Waste Infrastructure (SECYF) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Waste Infrastructure stock appears to be overvalued. The current stock price of $17.48 is trading 774% above its estimated GF Value™ of $2.00. GuruFocus considers Secure Waste Infrastructure to be Significantly Overvalued.

Key valuation signals for SECYF:

  • Cyclically Adjusted PB Ratio: 4.62 (273% above median its 10-year median of 1.24)
  • GF Value™: $2.00 vs. price of $17.48 (774% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 171.8% above the Waste Management median (#137 of 161)

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


Secure Waste Infrastructure Business Description

Other Exchanges SEP0:GermanySES:Canada
Address 2300, 225 - 6th Avenue SW, Brookfield Place, Calgary, AB, CAN, T2P 1N2
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
51GF Score

Get the complete analysis for SECYF

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

$17.48
Price
$2.00
GF Value