CLH (Clean Harbors) E10: $4.56 (As of Mar. 2026)


CLH Clean Harbors Inc CLH
87 GF Score
Price $300.20
GF Value $243.43
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Clean Harbors E10?

Clean Harbors CLH +0.48% 87 E10 is $4.56 as of Mar. 2026. GuruFocus rates CLH with a GF Score™ of 87/100 and a GF Value™ of $243.43 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Clean Harbors's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Clean Harbors's average E10 Growth Rate was 21.30% per year. During the past 3 years, the average E10 Growth Rate was 26.30% per year. During the past 5 years, the average E10 Growth Rate was 26.60% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Clean Harbors was 186.40% per year. The lowest was -128.90% per year. And the median was 8.80% per year.

As of today (2026-06-25), Clean Harbors's current stock price is $300.20. Clean Harbors's E10 for the quarter that ended in Mar. 2026 was $4.56. Clean Harbors's Shiller PE Ratio of today is 65.83.

During the past 13 years, the highest Shiller PE Ratio of Clean Harbors was 80.68. The lowest was 28.91. And the median was 56.91.


Clean Harbors  (NYSE:CLH) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Clean Harbors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=300.20/4.56
=65.83

* 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 Shiller P/E Ratio of Clean Harbors was 80.68. The lowest was 28.91. And the median was 56.91.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Clean Harbors E10 Related Terms


Clean Harbors E10 Historical Data

* Premium members only.

The historical data trend for Clean Harbors's E10 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 E10 Chart

Clean Harbors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 2.14 2.71 3.59 4.31

Clean Harbors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 3.76 4.01 4.16 4.31 4.56

CLH vs GFL, CWST, NVRI: E10 Comparison

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

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

* The bar in red indicates where Clean Harbors's Shiller PE Ratio falls into.


CLH
87GF Score
Clean Harbors Inc CLH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Harbors E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.19/330.2130*330.2130
=1.190

Current CPI (Mar. 2026) = 330.2130.

Clean Harbors Quarterly Data

per share eps CPI Adj_EPS
201606 0.070 241.018 0.096
201609 -0.180 241.428 -0.246
201612 -0.220 241.432 -0.301
201703 -0.370 243.801 -0.501
201706 0.450 244.955 0.607
201709 0.210 246.819 0.281
201712 1.480 246.524 1.982
201803 -0.220 249.554 -0.291
201806 0.540 251.989 0.708
201809 0.550 252.439 0.719
201812 0.290 251.233 0.381
201903 0.020 254.202 0.026
201906 0.650 256.143 0.838
201909 0.650 256.759 0.836
201912 0.430 256.974 0.553
202003 0.210 258.115 0.269
202006 0.520 257.797 0.666
202009 0.990 260.280 1.256
202012 0.710 260.474 0.900
202103 0.390 264.877 0.486
202106 1.220 271.696 1.483
202109 1.200 274.310 1.445
202112 0.900 278.802 1.066
202203 0.830 287.504 0.953
202206 2.710 296.311 3.020
202209 2.500 296.808 2.781
202212 1.520 296.797 1.691
202303 1.330 301.836 1.455
202306 2.130 305.109 2.305
202309 1.680 307.789 1.802
202312 1.810 306.746 1.948
202403 1.290 312.332 1.364
202406 2.460 314.175 2.586
202409 2.120 315.301 2.220
202412 1.550 315.605 1.622
202503 1.090 319.799 1.125
202506 2.360 322.561 2.416
202509 2.210 324.800 2.247
202512 1.620 324.054 1.651
202603 1.190 330.213 1.190

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $4.56 mean?
Clean Harbors (CLH) has a E10 of $4.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Clean Harbors and its competitors.
Is Clean Harbors' E10 too high?
Clean Harbors' current E10 is $4.56. 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' E10 compare to GFL and CWST?
Clean Harbors' E10 of $4.56 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Waste Management company?
A good E10 depends on the Waste Management industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Clean Harbors and its competitors. Clean Harbors's current E10 is $4.56. 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 $243.43, compared to a current price of $300.20 — trading 23.3% above its estimated fair value. The current E10 is $4.56. Clean Harbors' overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Clean Harbors (CLH), the current E10 is $4.56 as of Mar. 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 $300.20 is trading 23.3% above its estimated GF Value™ of $243.43. GuruFocus considers Clean Harbors to be Modestly Overvalued.

Key valuation signals for CLH:

  • E10: $4.56
  • GF Value™: $243.43 vs. price of $300.20 (23.3% above fair value)
  • GF Score™: 87/100 with 7 warning signs

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

Get the complete analysis for CLH

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$300.20
Price
$243.43
GF Value