CLH (Clean Harbors) Cyclically Adjusted PS Ratio: 3.33 (As of Jul. 08, 2026) — 115% Above Median


CLH Clean Harbors Inc CLH
87 GF Score
Price $300.23
GF Value $243.97
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Clean Harbors Cyclically Adjusted PS Ratio?

Clean Harbors CLH +0.77% 87 Cyclically Adjusted PS Ratio is 3.33 as of Jul. 08, 2026, which is 115% above its 10-year median of 1.55. GuruFocus rates CLH with a GF Score™ of 87/100 and a GF Value™ of $243.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 159 Waste Management companies, Clean Harbors ranks worse than 74.21% on this metric.

As of today (2026-07-08), Clean Harbors's current share price is $300.2325. Clean Harbors's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $90.14. Clean Harbors's Cyclically Adjusted PS Ratio for today is 3.33.

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

CLH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.55   Max: 3.45
Current: 3.31

During the past years, Clean Harbors's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 0.77. And the median was 1.55.

CLH's Cyclically Adjusted PS Ratio is ranked worse than
74.21% of 159 companies
in the Waste Management industry
Industry Median: 1.39 vs CLH: 3.31

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Clean Harbors's adjusted revenue per share data for the three months ended in Mar. 2026 was $27.543. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $90.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Harbors  (NYSE:CLH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Clean Harbors Cyclically Adjusted PS Ratio Related Terms


Clean Harbors Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Clean Harbors's Cyclically Adjusted PS 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 PS Ratio Chart

Clean Harbors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.60 2.30 2.82 2.69

Clean Harbors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 2.36 2.72 2.69 2.69 3.18

CLH vs GFL, CWST, ONT: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Clean Harbors's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Waste Management Industry

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

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


CLH
87GF Score
Clean Harbors Inc CLH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Harbors Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=300.2325/90.14
=3.33

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Clean Harbors's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=27.543/330.2130*330.2130
=27.543

Current CPI (Mar. 2026) = 330.2130.

Clean Harbors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.093 241.018 16.568
201609 12.690 241.428 17.357
201612 12.057 241.432 16.491
201703 12.031 243.801 16.295
201706 13.129 244.955 17.699
201709 13.215 246.819 17.680
201712 13.122 246.524 17.577
201803 13.281 249.554 17.574
201806 15.028 251.989 19.693
201809 14.979 252.439 19.594
201812 15.249 251.233 20.043
201903 13.923 254.202 18.086
201906 15.494 256.143 19.974
201909 15.876 256.759 20.418
201912 15.501 256.974 19.919
202003 15.316 258.115 19.594
202006 12.736 257.797 16.314
202009 13.982 260.280 17.739
202012 14.407 260.474 18.264
202103 14.682 264.877 18.304
202106 16.890 271.696 20.528
202109 17.392 274.310 20.936
202112 20.557 278.802 24.348
202203 21.384 287.504 24.561
202206 24.842 296.311 27.684
202209 25.065 296.808 27.886
202212 23.528 296.797 26.177
202303 24.031 301.836 26.290
202306 25.674 305.109 27.786
202309 25.096 307.789 26.924
202312 24.646 306.746 26.531
202403 25.394 312.332 26.848
202406 28.623 314.175 30.084
202409 28.203 315.301 29.537
202412 26.449 315.605 27.673
202503 26.521 319.799 27.385
202506 28.808 322.561 29.491
202509 28.845 324.800 29.326
202512 28.163 324.054 28.698
202603 27.543 330.213 27.543

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.33 mean?
Clean Harbors (CLH) has a Cyclically Adjusted PS Ratio of 3.33 as of Jul. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Clean Harbors and its competitors. This is 115% above median its historical median of 1.55. Over the past decade, Clean Harbors' Cyclically Adjusted PS Ratio has ranged from 0.77 to 3.45. According to the industry distribution chart, Clean Harbors ranks #118 out of 159 companies in the Waste Management industry, placing it in the top 74.2%.
Is Clean Harbors' Cyclically Adjusted PS Ratio too high?
Clean Harbors' current Cyclically Adjusted PS Ratio of 3.33 is 115% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 3.45. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.39. Clean Harbors' value of 3.33 is 139.6% above this industry median. Based on the distribution chart, Clean Harbors ranks #118 out of 159 companies in the Waste Management industry, which is below the industry midpoint. Overall, Clean Harbors has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Harbors' Cyclically Adjusted PS Ratio compare to GFL and CWST?
According to the Waste Management industry distribution chart, Clean Harbors ranks #118 out of 159 companies for Cyclically Adjusted PS Ratio. This places Clean Harbors in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Clean Harbors' value of 3.33 is 139.6% above this benchmark. Historically, Clean Harbors' own Cyclically Adjusted PS Ratio has ranged from 0.77 to 3.45 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.39, 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 PS Ratio for a Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.39, based on 159 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Harbors's current Cyclically Adjusted PS Ratio of 3.33 is 139.6% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Harbors's current Cyclically Adjusted PS Ratio is 3.33, which is 115% above median its own 10-year median of 1.55. 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 (CLH) is currently considered Modestly Overvalued. The stock's GF Value™ is $243.97, compared to a current price of $300.23 — trading 23.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.33, which is 115% above median its 10-year median of 1.55 and 139.6% above the Waste Management industry median of 1.39. Clean Harbors' overall GF Score™ is 87/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Clean Harbors (CLH), the current Cyclically Adjusted PS Ratio is 3.33 as of Jul. 08, 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 (CLH) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Harbors stock appears to be overvalued. The current stock price of $300.23 is trading 23.1% above its estimated GF Value™ of $243.97. GuruFocus considers Clean Harbors to be Modestly Overvalued.

Key valuation signals for CLH:

  • Cyclically Adjusted PS Ratio: 3.33 (115% above median its 10-year median of 1.55)
  • GF Value™: $243.97 vs. price of $300.23 (23.1% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 139.6% above the Waste Management median (#118 of 159)

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


Clean Harbors Business Description

Other Exchanges CLH1:MexicoCH6: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.
87GF Score

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

$300.23
Price
$243.97
GF Value