Waste ManagementWBO:WM -0.63%90 PB Ratio is 9.12 as of Jun. 26, 2026, which is 13% above its 10-year median of 8.10. GuruFocus rates WBO:WM with a GF Score™ of 90/100 and a GF Value™ of €216.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 230 Waste Management companies, Waste Management ranks worse than 98.26% on this metric.
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 (2026-06-26), Waste Management's share price is €196.60. Waste Management's Book Value per Share for the quarter that ended in Mar. 2026 was €21.55. Hence, Waste Management's PB Ratio of today is 9.12.
Good Sign:
Waste Management Inc stock PB Ratio (=8.96) is close to 5-year low of 8.13.
The historical rank and industry rank for Waste Management's PB Ratio or its related term are showing as below:
WBO:WM'
s PB Ratio Range Over the Past 10 Years
Min: 5.1 Med: 8.1 Max: 12.4
Current: 8.96
During the past 13 years, Waste Management's highest PB Ratio was 12.40. The lowest was 5.10. And the median was 8.10.
WBO:WM's PB Ratio is ranked worse than 98.26% of 230
companies
in the Waste Management industry
Industry Median: 1.59
vs WBO:WM: 8.96
During the past 12 months, Waste Management's average Book Value Per Share Growth Rate was 15.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Waste Management was 94.40% per year. The lowest was -24.20% per year. And the median was 5.80% 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.
Waste Management PB Ratio Related Terms
Waste Management PB Ratio Historical Data
* Premium members only.
The historical data trend for Waste Management'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, Waste Management'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 Management PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Waste Management's PB Ratio distribution charts can be found below:
* The bar in red indicates where Waste Management'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.
Waste Management (WBO:WM) has a PB Ratio of 9.12 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 Waste Management and its competitors. This is 13% above median its historical median of 8.10. Over the past decade, Waste Management's PB Ratio has ranged from 5.10 to 12.40. According to the industry distribution chart, Waste Management ranks #226 out of 230 companies in the Waste Management industry, placing it in the top 98.3%.
Is Waste Management's PB Ratio too high?
Waste Management's current PB Ratio of 9.12 is 13% above median its 10-year median of 8.10. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 12.40. The Waste Management industry median PB Ratio is 1.59. Waste Management's value of 9.12 is 473.6% above this industry median. Based on the distribution chart, Waste Management ranks #226 out of 230 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Waste Management has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's PB Ratio compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #226 out of 230 companies for PB Ratio. This places Waste Management in the lower half of its industry. The industry median PB Ratio is 1.59. Waste Management's value of 9.12 is 473.6% above this benchmark. Historically, Waste Management's own PB Ratio has ranged from 5.10 to 12.40 over the past decade. While the company's 10-year median is 8.10 vs. the industry median of 1.59, Waste Management 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. Waste Management's current PB Ratio of 9.12 is 473.6% 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 Waste Management 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. Waste Management's current PB Ratio is 9.12, which is 13% above median its own 10-year median of 8.10. 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 Fairly Valued. The stock's GF Value™ is €216.15, compared to a current price of €196.60 — trading 9% below its estimated fair value. The current PB Ratio is 9.12, which is 13% above median its 10-year median of 8.10 and 473.6% above the Waste Management industry median of 1.59. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Waste Management (WBO:WM), the current PB Ratio is 9.12 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 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% below its estimated GF Value™ of €216.15.
GuruFocus considers Waste Management to be Fairly Valued.
Key valuation signals for WBO:WM:
PB Ratio: 9.12 (13% above median its 10-year median of 8.10)
GF Value™: €216.15 vs. price of €196.60 (9% below fair value)
Industry Position: 473.6% above the Waste Management median (#226 of 230)
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.
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
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
WBO:WM has been successfully added to your 
