WM (Waste Management) Shiller PE Ratio: 39.19 (As of Aug. 15, 2026) — Near Median

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WM Waste Management Inc WM
82 GF Score
Price $224.55
GF Value $149.75
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Waste Management Shiller PE Ratio?

Waste Management WM +0.15% 82 Shiller PE Ratio is 39.19 as of Aug. 15, 2026, which is 4% below its 10-year median of 40.74. GuruFocus rates WM with a GF Score™ of 82/100 and a GF Value™ of $149.75 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 110 Waste Management companies, Waste Management ranks worse than 77.27% on this metric.

As of today (2026-08-15), Waste Management's current share price is $224.55. Waste Management's E10 for the quarter that ended in Jun. 2026 was $5.73. Waste Management's Shiller PE Ratio for today is 39.19.

The historical rank and industry rank for Waste Management's Shiller PE Ratio or its related term are showing as below:

WM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.89   Med: 40.74   Max: 51.31
Current: 39.19

During the past years, Waste Management's highest Shiller PE Ratio was 51.31. The lowest was 29.89. And the median was 40.74.

WM's Shiller PE Ratio is ranked worse than
77.27% of 110 companies
in the Waste Management industry
Industry Median: 21.145 vs WM: 39.19

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio 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 Jun. 2026 was $0.244. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waste Management  (NYSE:WM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Waste Management Shiller PE Ratio Related Terms


Waste Management Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Waste Management's Shiller PE 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.

Waste Management Shiller PE Ratio Chart

Waste Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.43 40.86 39.72 40.78 39.76

Waste Management Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 42.74 40.60 39.76 40.11 38.90

WM vs RSG, WCN, CLH: Shiller PE Ratio 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.


WM
82GF Score
Waste Management Inc WM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waste Management Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=224.55/5.73
=39.19

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Waste Management's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.244/333.9520*333.9520
=0.244

Current CPI (Jun. 2026) = 333.9520.

Waste Management Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.680 241.428 0.941
201612 0.750 241.432 1.037
201703 0.670 243.801 0.918
201706 0.810 244.955 1.104
201709 0.870 246.819 1.177
201712 2.060 246.524 2.791
201803 0.910 249.554 1.218
201806 1.150 251.989 1.524
201809 1.160 252.439 1.535
201812 1.240 251.233 1.648
201903 0.810 254.202 1.064
201906 0.890 256.143 1.160
201909 1.160 256.759 1.509
201912 1.050 256.974 1.365
202003 0.850 258.115 1.100
202006 0.720 257.797 0.933
202009 0.920 260.280 1.180
202012 1.030 260.474 1.321
202103 0.990 264.877 1.248
202106 0.830 271.696 1.020
202109 1.280 274.310 1.558
202112 1.200 278.802 1.437
202203 1.230 287.504 1.429
202206 1.410 296.311 1.589
202209 1.540 296.808 1.733
202212 1.210 296.797 1.361
202303 1.300 301.836 1.438
202306 1.510 305.109 1.653
202309 1.630 307.789 1.769
202312 1.220 306.746 1.328
202403 1.750 312.332 1.871
202406 1.690 314.175 1.796
202409 1.880 315.301 1.991
202412 1.480 315.605 1.566
202503 1.580 319.799 1.650
202506 1.800 322.561 1.864
202509 1.490 324.800 1.532
202512 1.830 324.054 1.886
202603 1.790 330.213 1.810
202606 0.244 333.952 0.244

Add all the adjusted EPS together and divide 10 will get our 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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 39.19 mean?
Waste Management (WM) has a Shiller PE Ratio of 39.19 as of Aug. 15, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Waste Management and its competitors. This is near median its historical median of 40.74. Over the past decade, Waste Management's Shiller PE Ratio has ranged from 29.89 to 51.31. According to the industry distribution chart, Waste Management ranks #85 out of 110 companies in the Waste Management industry, placing it in the top 77.3%.
Is Waste Management's Shiller PE Ratio too high?
Waste Management's current Shiller PE Ratio of 39.19 is near median its 10-year median of 40.74. Over the past 10 years, this metric has ranged from a low of 29.89 to a high of 51.31. The Waste Management industry median Shiller PE Ratio is 21.15. Waste Management's value of 39.19 is 85.3% above this industry median. Based on the distribution chart, Waste Management ranks #85 out of 110 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Waste Management has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's Shiller PE Ratio compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #85 out of 110 companies for Shiller PE Ratio. This places Waste Management in the lower half of its industry. The industry median Shiller PE Ratio is 21.15. Waste Management's value of 39.19 is 85.3% above this benchmark. Historically, Waste Management's own Shiller PE Ratio has ranged from 29.89 to 51.31 over the past decade. While the company's 10-year median is 40.74 vs. the industry median of 21.15, 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 Shiller PE Ratio for a Waste Management company?
The median Shiller PE Ratio among Waste Management companies is 21.15, based on 110 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Management's current Shiller PE Ratio of 39.19 is 85.3% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Waste Management and its competitors. For the Waste Management industry, the median Shiller PE Ratio is 21.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Management's current Shiller PE Ratio is 39.19, which is near median its own 10-year median of 40.74. 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 (WM) is currently considered Significantly Overvalued. The stock's GF Value™ is $149.75, compared to a current price of $224.55 — trading 49.9% above its estimated fair value. The current Shiller PE Ratio is 39.19, which is near median its 10-year median of 40.74 and 85.3% above the Waste Management industry median of 21.15. Waste Management's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Waste Management (WM), the current Shiller PE Ratio is 39.19 as of Aug. 15, 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 (WM) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Management stock appears to be overvalued. The current stock price of $224.55 is trading 49.9% above its estimated GF Value™ of $149.75. GuruFocus considers Waste Management to be Significantly Overvalued.

Key valuation signals for WM:

  • Shiller PE Ratio: 39.19 (near median its 10-year median of 40.74)
  • GF Value™: $149.75 vs. price of $224.55 (49.9% above fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 85.3% above the Waste Management median (#85 of 110)

No single metric tells the full story. See the 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.
82GF Score

Get the complete analysis for WM

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

$224.55
Price
$149.75
GF Value