Waste Management (WBO:WM) E10: €4.97 (As of Mar. 2026)


WBO:WM Waste Management Inc WBO:WM
90 GF Score
Price €196.60
GF Value €217.25
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Waste Management E10?

Waste Management WBO:WM -0.63% 90 E10 is €4.97 as of Mar. 2026. GuruFocus rates WBO:WM with a GF Score™ of 90/100 and a GF Value™ of €217.25 (Modestly Undervalued). The stock has 4 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.

Waste Management's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.548. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Waste Management's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 12.90% per year. During the past 5 years, the average E10 Growth Rate was 13.90% per year. During the past 10 years, the average E10 Growth Rate was 11.00% 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 Waste Management was 223.30% per year. The lowest was -26.00% per year. And the median was 9.10% per year.

As of today (2026-06-26), Waste Management's current stock price is €196.60. Waste Management's E10 for the quarter that ended in Mar. 2026 was €4.97. Waste Management's Shiller PE Ratio of today is 39.56.

During the past 13 years, the highest Shiller PE Ratio of Waste Management was 51.31. The lowest was 29.89. And the median was 40.70.


Waste Management  (WBO:WM) 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.

Waste Management's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=196.60/4.97
=39.56

* 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 Waste Management was 51.31. The lowest was 29.89. And the median was 40.70.


Be Aware

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


Waste Management E10 Related Terms


Waste Management E10 Historical Data

* Premium members only.

The historical data trend for Waste Management'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.

Waste Management E10 Chart

Waste Management 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 2.91 3.63 4.05 4.78 4.76

Waste Management 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 4.79 4.54 4.62 4.76 4.97

WBO:WM vs RSG, WCN, CLH: E10 Comparison

For the Waste Management subindustry, Waste Management'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.


Waste Management Shiller PE Ratio vs Waste Management Industry

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

* The bar in red indicates where Waste Management's Shiller PE Ratio falls into.


WBO:WM
90GF Score
Waste Management Inc WBO:WM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Management 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, Waste Management'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)
=1.548/330.2130*330.2130
=1.548

Current CPI (Mar. 2026) = 330.2130.

Waste Management Quarterly Data

per share eps CPI Adj_EPS
201606 0.570 241.018 0.781
201609 0.606 241.428 0.829
201612 0.711 241.432 0.972
201703 0.626 243.801 0.848
201706 0.721 244.955 0.972
201709 0.730 246.819 0.977
201712 1.741 246.524 2.332
201803 0.738 249.554 0.977
201806 0.984 251.989 1.289
201809 0.994 252.439 1.300
201812 1.090 251.233 1.433
201903 0.717 254.202 0.931
201906 0.788 256.143 1.016
201909 1.053 256.759 1.354
201912 0.945 256.974 1.214
202003 0.769 258.115 0.984
202006 0.639 257.797 0.818
202009 0.781 260.280 0.991
202012 0.847 260.474 1.074
202103 0.832 264.877 1.037
202106 0.689 271.696 0.837
202109 1.088 274.310 1.310
202112 1.062 278.802 1.258
202203 1.117 287.504 1.283
202206 1.334 296.311 1.487
202209 1.555 296.808 1.730
202212 1.142 296.797 1.271
202303 1.214 301.836 1.328
202306 1.394 305.109 1.509
202309 1.527 307.789 1.638
202312 1.119 306.746 1.205
202403 1.610 312.332 1.702
202406 1.570 314.175 1.650
202409 1.694 315.301 1.774
202412 1.413 315.605 1.478
202503 1.461 319.799 1.509
202506 1.561 322.561 1.598
202509 1.269 324.800 1.290
202512 1.563 324.054 1.593
202603 1.548 330.213 1.548

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 €4.97 mean?
Waste Management (WBO:WM) has a E10 of €4.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Waste Management and its competitors.
Is Waste Management's E10 too high?
Waste Management's current E10 is €4.97. Overall, Waste Management has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's E10 compare to RSG and WCN?
Waste Management's E10 of €4.97 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 Waste Management and its competitors. Waste Management's current E10 is €4.97. 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 Modestly Undervalued. The stock's GF Value™ is €217.25, compared to a current price of €196.60 — trading 9.5% below its estimated fair value. The current E10 is €4.97. 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 E10 calculated?
E10 is calculated from a company's financial statements. For Waste Management (WBO:WM), the current E10 is €4.97 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 Waste Management (WBO:WM) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Management stock appears to be undervalued. The current stock price of €196.60 is trading 9.5% below its estimated GF Value™ of €217.25. GuruFocus considers Waste Management to be Modestly Undervalued.

Key valuation signals for WBO:WM:

  • E10: €4.97
  • GF Value™: €217.25 vs. price of €196.60 (9.5% below fair value)
  • GF Score™: 90/100 with 4 warning signs

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.
90GF Score

Get the complete analysis for WBO:WM

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

€196.60
Price
€217.25
GF Value