GFL EnvironmentalGFL +1.42%65 PB Ratio is 2.55 as of Jun. 26, 2026, which is 3% above its 10-year median of 2.47. GuruFocus rates GFL with a GF Score™ of 65/100 and a GF Value™ of $41.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 230 Waste Management companies, GFL Environmental ranks worse than 67.83% on this metric.
GFL Environmental Inc stock PB Ratio (=2.52) is close to 2-year low of 2.27.
The historical rank and industry rank for GFL Environmental's PB Ratio or its related term are showing as below:
GFL'
s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 2.47 Max: 3.84
Current: 2.55
During the past 10 years, GFL Environmental's highest PB Ratio was 3.84. The lowest was 0.08. And the median was 2.47.
GFL's PB Ratio is ranked worse than 67.83% of 230
companies
in the Waste Management industry
Industry Median: 1.59
vs GFL: 2.55
During the past 12 months, GFL Environmental's average Book Value Per Share Growth Rate was -3.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of GFL Environmental was 4.60% per year. The lowest was -59.40% per year. And the median was -14.35% per year.
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.
GFL Environmental PB Ratio Related Terms
GFL Environmental PB Ratio Historical Data
* Premium members only.
The historical data trend for GFL Environmental'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.
For the Waste Management subindustry, GFL Environmental'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.
GFL Environmental PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, GFL Environmental's PB Ratio distribution charts can be found below:
* The bar in red indicates where GFL Environmental's PB Ratio falls into.
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.
* 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.
GFL Environmental (GFL) has a PB Ratio of 2.55 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GFL Environmental and its competitors. This is near median its historical median of 2.47. Over the past decade, GFL Environmental's PB Ratio has ranged from 0.08 to 3.84. According to the industry distribution chart, GFL Environmental ranks #156 out of 230 companies in the Waste Management industry, placing it in the top 67.8%.
Is GFL Environmental's PB Ratio too high?
GFL Environmental's current PB Ratio of 2.55 is near median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 3.84. The Waste Management industry median PB Ratio is 1.59. GFL Environmental's value of 2.55 is 60.4% above this industry median. Based on the distribution chart, GFL Environmental ranks #156 out of 230 companies in the Waste Management industry, which is below the industry midpoint. Overall, GFL Environmental has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GFL Environmental's PB Ratio compare to CLH and CWST?
According to the Waste Management industry distribution chart, GFL Environmental ranks #156 out of 230 companies for PB Ratio. This places GFL Environmental in the lower half of its industry. The industry median PB Ratio is 1.59. GFL Environmental's value of 2.55 is 60.4% above this benchmark. Historically, GFL Environmental's own PB Ratio has ranged from 0.08 to 3.84 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.59, GFL Environmental 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 PB Ratio for a Waste Management company?
The median PB Ratio among Waste Management companies is 1.59, based on 230 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GFL Environmental's current PB Ratio of 2.55 is 60.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GFL Environmental and its competitors. For the Waste Management industry, the median PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFL Environmental's current PB Ratio is 2.55, which is near median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFL Environmental stock overvalued right now?
Based on GuruFocus' analysis, GFL Environmental (GFL) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.88, compared to a current price of $37.78 — trading 9.8% below its estimated fair value. The current PB Ratio is 2.55, which is near median its 10-year median of 2.47 and 60.4% above the Waste Management industry median of 1.59. GFL Environmental's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For GFL Environmental (GFL), the current PB Ratio is 2.55 as of Jun. 26, 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 GFL Environmental (GFL) Overvalued in 2026?
Based on GuruFocus' analysis, GFL Environmental stock appears to be undervalued.
The current stock price of $37.78 is trading 9.8% below its estimated GF Value™ of $41.88.
GuruFocus considers GFL Environmental to be Modestly Undervalued.
Key valuation signals for GFL:
PB Ratio: 2.55 (near median its 10-year median of 2.47)
GF Value™: $41.88 vs. price of $37.78 (9.8% below fair value)
Industry Position: 60.4% above the Waste Management median (#156 of 230)
No single metric tells the full story. See the GFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. The company's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.
65GF Score
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