Veolia EnvironnementMEX:VIEN 85 PB Ratio is 2.30 as of Jun. 25, 2026, which is 39% above its 10-year median of 1.66. GuruFocus rates MEX:VIEN with a GF Score™ of 85/100 and a GF Value™ of MXN584.65. The stock has 10 warning signs investors should review. Among 230 Waste Management companies, Veolia Environnement ranks worse than 66.09% on this metric.
Veolia Environnement SA stock PB Ratio (=2.43) is close to 10-year high of 2.68.
The historical rank and industry rank for Veolia Environnement's PB Ratio or its related term are showing as below:
MEX:VIEN'
s PB Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.66 Max: 2.68
Current: 2.42
During the past 13 years, Veolia Environnement's highest PB Ratio was 2.68. The lowest was 1.07. And the median was 1.66.
MEX:VIEN's PB Ratio is ranked worse than 66.09% of 230
companies
in the Waste Management industry
Industry Median: 1.61
vs MEX:VIEN: 2.42
During the past 12 months, Veolia Environnement's average Book Value Per Share Growth Rate was -16.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Veolia Environnement was 99.90% per year. The lowest was -21.50% per year. And the median was -1.30% per year.
Back to Basics: PB Ratio
Veolia Environnement (MEX:VIEN) PB Ratio Explanation
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.
Veolia Environnement PB Ratio Related Terms
Veolia Environnement PB Ratio Historical Data
* Premium members only.
The historical data trend for Veolia Environnement'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, Veolia Environnement'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.
Veolia Environnement PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Veolia Environnement's PB Ratio distribution charts can be found below:
* The bar in red indicates where Veolia Environnement'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.
Veolia Environnement (MEX:VIEN) has a PB Ratio of 2.30 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Veolia Environnement and its competitors. This is 39% above median its historical median of 1.66. Over the past decade, Veolia Environnement's PB Ratio has ranged from 1.07 to 2.68. According to the industry distribution chart, Veolia Environnement ranks #152 out of 230 companies in the Waste Management industry, placing it in the top 66.1%.
Is Veolia Environnement's PB Ratio too high?
Veolia Environnement's current PB Ratio of 2.30 is 39% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.68. The Waste Management industry median PB Ratio is 1.61. Veolia Environnement's value of 2.30 is 42.9% above this industry median. Based on the distribution chart, Veolia Environnement ranks #152 out of 230 companies in the Waste Management industry, which is below the industry midpoint. Overall, Veolia Environnement has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Veolia Environnement's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Veolia Environnement ranks #152 out of 230 companies for PB Ratio. This places Veolia Environnement in the lower half of its industry. The industry median PB Ratio is 1.61. Veolia Environnement's value of 2.30 is 42.9% above this benchmark. Historically, Veolia Environnement's own PB Ratio has ranged from 1.07 to 2.68 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.61, Veolia Environnement 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 1.61, 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. Veolia Environnement's current PB Ratio of 2.30 is 42.9% 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 Veolia Environnement and its competitors. For the Waste Management industry, the median PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veolia Environnement's current PB Ratio is 2.30, which is 39% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veolia Environnement stock overvalued right now?
Veolia Environnement (MEX:VIEN) has a current PB Ratio of 2.30. The stock's GF Value™ is MXN584.65, compared to a current price of MXN719.25 — trading 23% above its estimated fair value. The current PB Ratio is 2.30, which is 39% above median its 10-year median of 1.66 and 42.9% above the Waste Management industry median of 1.61. Veolia Environnement's overall GF Score™ is 85/100 with 10 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 Veolia Environnement (MEX:VIEN), the current PB Ratio is 2.30 as of Jun. 25, 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 Veolia Environnement (MEX:VIEN) Overvalued in 2026?
Based on GuruFocus' analysis, Veolia Environnement stock appears to be overvalued.
The current stock price of MXN719.25 is trading 23% above its estimated GF Value™ of MXN584.65.
Key valuation signals for MEX:VIEN:
PB Ratio: 2.30 (39% above median its 10-year median of 1.66)
GF Value™: MXN584.65 vs. price of MXN719.25 (23% above fair value)
Industry Position: 42.9% above the Waste Management median (#152 of 230)
No single metric tells the full story. See the MEX:VIEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and its transport activity The integration of most activities of Suez in 2022 drove an EBITDA increase of nearly 40%.
85GF Score
Get the complete analysis for MEX:VIEN
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:VIEN has been successfully added to your 
