Waste Management (WBO:WM) Cyclically Adjusted PS Ratio: 4.71 (As of Jul. 09, 2026) — 25% Above Median


WBO:WM Waste Management Inc WBO:WM
90 GF Score
Price €208.00
GF Value €218.40
Valuation Fairly Valued
! 4 Warning Signs
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What is Waste Management Cyclically Adjusted PS Ratio?

Waste Management WBO:WM +0.63% 90 Cyclically Adjusted PS Ratio is 4.71 as of Jul. 09, 2026, which is 25% above its 10-year median of 3.77. GuruFocus rates WBO:WM with a GF Score™ of 90/100 and a GF Value™ of €218.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 158 Waste Management companies, Waste Management ranks worse than 82.91% on this metric.

As of today (2026-07-09), Waste Management's current share price is €208.00. Waste Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €44.17. Waste Management's Cyclically Adjusted PS Ratio for today is 4.71.

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

WBO:WM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3.77   Max: 5.12
Current: 4.59

During the past years, Waste Management's highest Cyclically Adjusted PS Ratio was 5.12. The lowest was 2.08. And the median was 3.77.

WBO:WM's Cyclically Adjusted PS Ratio is ranked worse than
82.91% of 158 companies
in the Waste Management industry
Industry Median: 1.39 vs WBO:WM: 4.59

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.

Waste Management's adjusted revenue per share data for the three months ended in Mar. 2026 was €13.319. 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 €44.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waste Management  (WBO:WM) 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.


Waste Management Cyclically Adjusted PS Ratio Related Terms


Waste Management Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Waste Management'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.

Waste Management Cyclically Adjusted PS Ratio Chart

Waste Management 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 4.48 3.86 4.15 4.40 4.45

Waste Management 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 4.92 4.76 4.51 4.45 4.51

WBO:WM vs RSG, WCN, CLH: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Waste Management'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.


Waste Management Cyclically Adjusted PS Ratio vs Waste Management Industry

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

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


WBO:WM
90GF Score
Waste Management Inc WBO:WM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Management 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.

Waste Management's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=208.00/44.17
=4.71

* 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.

Waste Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Waste Management'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)
=13.319/330.2130*330.2130
=13.319

Current CPI (Mar. 2026) = 330.2130.

Waste Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.824 241.018 9.349
201609 7.093 241.428 9.701
201612 7.376 241.432 10.088
201703 7.243 243.801 9.810
201706 7.364 244.955 9.927
201709 7.073 246.819 9.463
201712 7.050 246.524 9.443
201803 6.534 249.554 8.646
201806 7.404 251.989 9.702
201809 7.603 252.439 9.945
201812 7.868 251.233 10.341
201903 7.662 254.202 9.953
201906 8.169 256.143 10.531
201909 8.428 256.759 10.839
201912 8.091 256.974 10.397
202003 7.915 258.115 10.126
202006 7.460 257.797 9.556
202009 7.720 260.280 9.794
202012 7.859 260.474 9.963
202103 8.141 264.877 10.149
202106 8.770 271.696 10.659
202109 9.396 274.310 11.311
202112 9.838 278.802 11.652
202203 10.130 287.504 11.635
202206 11.421 296.311 12.728
202209 12.372 296.808 13.764
202212 11.324 296.797 12.599
202303 11.171 301.836 12.221
202306 11.589 305.109 12.543
202309 11.999 307.789 12.873
202312 11.818 306.746 12.722
202403 11.763 312.332 12.436
202406 12.447 314.175 13.082
202409 12.534 315.301 13.127
202412 13.930 315.605 14.575
202503 13.782 319.799 14.231
202506 13.789 322.561 14.116
202509 13.578 324.800 13.804
202512 13.318 324.054 13.571
202603 13.319 330.213 13.319

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 4.71 mean?
Waste Management (WBO:WM) has a Cyclically Adjusted PS Ratio of 4.71 as of Jul. 09, 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 Waste Management and its competitors. This is 25% above median its historical median of 3.77. Over the past decade, Waste Management's Cyclically Adjusted PS Ratio has ranged from 2.08 to 5.12. According to the industry distribution chart, Waste Management ranks #131 out of 158 companies in the Waste Management industry, placing it in the top 82.9%.
Is Waste Management's Cyclically Adjusted PS Ratio too high?
Waste Management's current Cyclically Adjusted PS Ratio of 4.71 is 25% above median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 5.12. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.39. Waste Management's value of 4.71 is 238.8% above this industry median. Based on the distribution chart, Waste Management ranks #131 out of 158 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Waste Management has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's Cyclically Adjusted PS Ratio compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #131 out of 158 companies for Cyclically Adjusted PS Ratio. This places Waste Management in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Waste Management's value of 4.71 is 238.8% above this benchmark. Historically, Waste Management's own Cyclically Adjusted PS Ratio has ranged from 2.08 to 5.12 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 1.39, Waste Management 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 158 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. Waste Management's current Cyclically Adjusted PS Ratio of 4.71 is 238.8% 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 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 Waste Management 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. Waste Management's current Cyclically Adjusted PS Ratio is 4.71, which is 25% above median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Waste Management (WBO:WM) is currently considered Fairly Valued. The stock's GF Value™ is €218.40, compared to a current price of €208.00 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.71, which is 25% above median its 10-year median of 3.77 and 238.8% above the Waste Management industry median of 1.39. Waste Management's overall GF Score™ is 90/100 with 4 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 Waste Management (WBO:WM), the current Cyclically Adjusted PS Ratio is 4.71 as of Jul. 09, 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 Waste Management (WBO:WM) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Management stock appears to be undervalued. The current stock price of €208.00 is trading 4.8% below its estimated GF Value™ of €218.40. GuruFocus considers Waste Management to be Fairly Valued.

Key valuation signals for WBO:WM:

  • Cyclically Adjusted PS Ratio: 4.71 (25% above median its 10-year median of 3.77)
  • GF Value™: €218.40 vs. price of €208.00 (4.8% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 238.8% above the Waste Management median (#131 of 158)

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


Waste Management Business Description

Address 800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM, previously known as Waste Management, ranks as the largest integrated provider of traditional solid waste services in the United States, operating 257 active landfill sites and about 342 transfer stations that help with transporting waste efficiently and economically. The company serves residential, commercial, industrial, and medical end markets for waste collection, transfer, and disposal. The company also has an energy business emanating from the beneficial use of landfill gas and is a leading recycler in North America.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€208.00
Price
€218.40
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