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CLH (Clean Harbors) Cyclically Adjusted Book per Share : $31.94 (As of Mar. 2025)


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What is Clean Harbors Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2025 was $47.938. 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 $31.94 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Clean Harbors's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Clean Harbors was 33.20% per year. The lowest was -12.80% per year. And the median was 8.10% per year.

As of today (2025-06-26), Clean Harbors's current stock price is $228.45. Clean Harbors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $31.94. Clean Harbors's Cyclically Adjusted PB Ratio of today is 7.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Clean Harbors was 8.54. The lowest was 1.95. And the median was 3.58.


Clean Harbors Cyclically Adjusted Book per Share Historical Data

The historical data trend for Clean Harbors's Cyclically Adjusted Book per Share 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.

* Premium members only.

Clean Harbors Cyclically Adjusted Book per Share Chart

Clean Harbors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.31 24.58 26.92 28.64 31.00

Clean Harbors Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 29.45 29.94 30.49 31.00 31.94

Competitive Comparison of Clean Harbors's Cyclically Adjusted Book per Share

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Clean Harbors Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Clean Harbors's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=47.938/134.9266*134.9266
=47.938

Current CPI (Mar. 2025) = 134.9266.

Clean Harbors Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.083 100.684 26.913
201509 19.470 100.392 26.168
201512 19.035 99.792 25.737
201603 19.401 100.470 26.055
201606 19.416 101.688 25.762
201609 19.184 101.861 25.411
201612 18.923 101.863 25.065
201703 18.599 102.862 24.397
201706 19.263 103.349 25.149
201709 19.821 104.136 25.682
201712 21.030 104.011 27.281
201803 20.367 105.290 26.100
201806 20.701 106.317 26.272
201809 21.382 106.507 27.088
201812 20.946 105.998 26.663
201903 20.992 107.251 26.409
201906 21.652 108.070 27.033
201909 22.144 108.329 27.581
201912 22.757 108.420 28.321
202003 21.705 108.902 26.892
202006 22.548 108.767 27.971
202009 23.616 109.815 29.016
202012 24.493 109.897 30.071
202103 24.719 111.754 29.844
202106 25.915 114.631 30.503
202109 26.899 115.734 31.360
202112 27.819 117.630 31.910
202203 29.280 121.301 32.569
202206 31.731 125.017 34.246
202209 33.985 125.227 36.617
202212 35.556 125.222 38.312
202303 36.605 127.348 38.783
202306 39.007 128.729 40.885
202309 40.401 129.860 41.977
202312 41.675 129.419 43.448
202403 42.861 131.776 43.886
202406 45.276 132.554 46.086
202409 46.908 133.029 47.577
202412 47.806 133.157 48.441
202503 47.938 134.927 47.938

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Clean Harbors  (NYSE:CLH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=228.45/31.94
=7.15

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Clean Harbors was 8.54. The lowest was 1.95. And the median was 3.58.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Clean Harbors Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Clean Harbors's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Clean Harbors Business Description

Industry
Traded in Other Exchanges
Address
42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.
Executives
John R. Welch director 84 SUMMER STREET, WESTON MA 02493
Robert Speights officer: EVP (CHESI) C/O CLEAN HARBORS ENVIRONMENTAL SERVICES, 42 LONGWATER DRIVE, NORWELL MA 02061
Lauren States director 16 WILMONT AVENUE, WHITE PLAINS NY 10605
Eric J. Dugas officer: VP, Corp. Contr and CAO C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061
Alan S Mckim director, officer: Chrmn. of Bd., Pres.and CEO
Brian P Weber officer: EVP (CHESI) 88 PINE STREET, WALPOLE MA 02081
Eric W Gerstenberg officer: Chief Operating Officer 24 MACFARLANE DRIVE, KINGSTON MA 02364
Michael Louis Battles officer: SVP & CAO 45 WILLIAM STREET, WELLESLEY MA 02481
Andrea Robertson director 129 SHELTER ROCK ROAD, STAMFORD CT 06903
John T Preston director C/O MOLTEN METAL TECHNOLOTY INC, 400-2 TOTTEN POND ROAD, WALTHAM MA 02154
Robert W. Harrison officer: EVP, EHS 42 LONGWATER DRIVE, NORWELL MA 02061
George L Curtis officer: Exec. Vice President (CHESI)
Loan Nguyen Mansy officer: President Env Sales & Service C/O HUDSON TECHNOLOGIES, INC., 300 TICE BOULEVARD, SUITE 290, WOODCLIFF LAKE NJ 07677
Rebecca Underwood officer: President & EVP Facilities 42 LONGWATER DRIVE, NORWELL MA 02061
Sharon M. Gabriel officer: EVP/CIO (CHESI) 42 LONGWATER DRIVE, NORWELL MA 02061