Clean Harbors (STU:CH6) Cyclically Adjusted PB Ratio: 8.68 (As of Aug. 14, 2026) — 120% Above Median

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STU:CH6 Clean Harbors Inc STU:CH6
85 GF Score
Price €277.40
GF Value €221.01
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Clean Harbors Cyclically Adjusted PB Ratio?

Clean Harbors STU:CH6 +1.46% 85 Cyclically Adjusted PB Ratio is 8.68 as of Aug. 14, 2026, which is 120% above its 10-year median of 3.95. GuruFocus rates STU:CH6 with a GF Score™ of 85/100 and a GF Value™ of €221.01 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 161 Waste Management companies, Clean Harbors ranks worse than 96.89% on this metric.

As of today (2026-08-14), Clean Harbors's current share price is €277.40. Clean Harbors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €31.96. Clean Harbors's Cyclically Adjusted PB Ratio for today is 8.68.

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

STU:CH6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.95   Max: 8.77
Current: 8.74

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.

STU:CH6's Cyclically Adjusted PB Ratio is ranked worse than
96.89% of 161 companies
in the Waste Management industry
Industry Median: 1.66 vs STU:CH6: 8.74

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 €48.150. 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 €31.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Harbors  (STU:CH6) 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

STU:CH6 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.


STU:CH6
85GF Score
Clean Harbors Inc STU:CH6
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
=277.40/31.96
=8.68

* 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)
=48.15/333.9520*333.9520
=48.150

Current CPI (Jun. 2026) = 333.9520.

Clean Harbors Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.093 241.428 23.644
201612 17.939 241.432 24.813
201703 17.390 243.801 23.820
201706 17.144 244.955 23.373
201709 16.630 246.819 22.501
201712 17.770 246.524 24.072
201803 16.517 249.554 22.103
201806 17.720 251.989 23.484
201809 18.324 252.439 24.241
201812 18.411 251.233 24.473
201903 18.578 254.202 24.406
201906 19.162 256.143 24.983
201909 20.106 256.759 26.151
201912 20.482 256.974 26.617
202003 19.643 258.115 25.414
202006 20.023 257.797 25.938
202009 20.050 260.280 25.725
202012 20.133 260.474 25.812
202103 20.764 264.877 26.179
202106 21.509 271.696 26.438
202109 22.864 274.310 27.835
202112 24.620 278.802 29.490
202203 26.586 287.504 30.881
202206 30.017 296.311 33.830
202209 34.325 296.808 38.621
202212 33.565 296.797 37.767
202303 34.189 301.836 37.827
202306 36.003 305.109 39.406
202309 37.855 307.789 41.073
202312 38.216 306.746 41.605
202403 39.432 312.332 42.162
202406 42.061 314.175 44.709
202409 42.264 315.301 44.764
202412 45.655 315.605 48.309
202503 44.343 319.799 46.305
202506 43.890 322.561 45.440
202509 44.263 324.800 45.510
202512 44.349 324.054 45.704
202603 45.441 330.213 45.956
202606 48.150 333.952 48.150

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 8.68 mean?
Clean Harbors (STU:CH6) has a Cyclically Adjusted PB Ratio of 8.68 as of Aug. 14, 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 120% 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 8.68 is 120% 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 8.68 is 422.9% 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 85/100 and is considered Modestly Overvalued, 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 8.68 is 422.9% 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 8.68 is 422.9% 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 8.68, which is 120% 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?
Based on GuruFocus' analysis, Clean Harbors (STU:CH6) is currently considered Modestly Overvalued. The stock's GF Value™ is €221.01, compared to a current price of €277.40 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.68, which is 120% above median its 10-year median of 3.95 and 422.9% above the Waste Management industry median of 1.66. Clean Harbors' overall GF Score™ is 85/100 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 Clean Harbors (STU:CH6), the current Cyclically Adjusted PB Ratio is 8.68 as of Aug. 14, 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 (STU:CH6) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued. The current stock price of €277.40 is trading 25.5% above its estimated GF Value™ of €221.01. GuruFocus considers Clean Harbors to be Modestly Overvalued.

Key valuation signals for STU:CH6:

  • Cyclically Adjusted PB Ratio: 8.68 (120% above median its 10-year median of 3.95)
  • GF Value™: €221.01 vs. price of €277.40 (25.5% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 422.9% above the Waste Management median (#156 of 161)

No single metric tells the full story. See the STU:CH6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clean Harbors Business Description

Other Exchanges CLH:USACLH1:Mexico
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.
85GF Score

Get the complete analysis for STU:CH6

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

€277.40
Price
€221.01
GF Value