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Waste Connections PB Ratio

: 5.03 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2021-10-21), Waste Connections's share price is $132.61. Waste Connections's Book Value per Share for the quarter that ended in Jun. 2021 was $26.36. Hence, Waste Connections's PB Ratio of today is 5.03.

Warning Sign:

Waste Connections Inc stock PB Ratio (=4.97) is close to 10-year high of 5.02

The historical rank and industry rank for Waste Connections's PB Ratio or its related term are showing as below:

NYSE:WCN' s PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 2.81   Max: 5.03
Current: 5.03

1.96
5.03

During the past 13 years, Waste Connections's highest PB Ratio was 5.03. The lowest was 1.96. And the median was 2.81.

NYSE:WCN's PB Ratio is ranked higher than
51% of the 35 Companies
in the Waste Management industry.

( Industry Median: 2.57 vs. NYSE:WCN: 5.03 )

During the past 12 months, Waste Connections's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Waste Connections was 31.40% per year. The lowest was 2.00% per year. And the median was 13.75% per year.

Back to Basics: PB Ratio


Waste Connections PB Ratio Historical Data

The historical data trend for Waste Connections's PB 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.

* Premium members only.

Waste Connections Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.44 2.98 3.03 3.45 3.93

Waste Connections Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 3.80 4.09 3.93 4.09 4.53

Competitive Comparison

For the Waste Management subindustry, Waste Connections's PB Ratio, along with its competitors' market caps and 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.

   

Waste Connections PB Ratio Distribution

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

* The bar in red indicates where Waste Connections's PB Ratio falls into.



Waste Connections PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Waste Connections's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2021)
=132.61/26.358
=5.03

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Waste Connections  (NYSE:WCN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Waste Connections PB Ratio Related Terms

Thank you for viewing the detailed overview of Waste Connections's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Waste Connections Business Description

Waste Connections logo
Industry
Industrials » Waste Management NAICS : 221310 SIC : 4931
Traded in Other Exchanges
Address
610 Applewood Crescent, 2nd Floor, Vaughan, ON, CAN, L4K 0E3
Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm's Canadian segment.

Waste Connections Headlines

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