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Casella Waste Systems (Casella Waste Systems) Cyclically Adjusted PB Ratio : 22.65 (As of Jun. 10, 2024)


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What is Casella Waste Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Casella Waste Systems's current share price is $96.03. Casella Waste Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.24. Casella Waste Systems's Cyclically Adjusted PB Ratio for today is 22.65.

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

CWST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 23.78   Max: 92.38
Current: 22.47

During the past years, Casella Waste Systems's highest Cyclically Adjusted PB Ratio was 92.38. The lowest was 0.89. And the median was 23.78.

CWST's Cyclically Adjusted PB Ratio is ranked worse than
97.81% of 137 companies
in the Waste Management industry
Industry Median: 1.58 vs CWST: 22.47

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Casella Waste Systems's adjusted book value per share data for the three months ended in Mar. 2024 was $17.655. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $4.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casella Waste Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Casella Waste Systems's Cyclically Adjusted 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.

Casella Waste Systems Cyclically Adjusted PB Ratio Chart

Casella Waste Systems Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.42 76.95 66.61 36.93 22.87

Casella Waste Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 34.36 31.66 23.00 22.87 23.30

Competitive Comparison of Casella Waste Systems's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Casella Waste Systems's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Casella Waste Systems's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

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

* The bar in red indicates where Casella Waste Systems's Cyclically Adjusted PB Ratio falls into.



Casella Waste Systems Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Casella Waste Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.03/4.24
=22.65

* 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.

Casella Waste Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Casella Waste Systems's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.655/131.7762*131.7762
=17.655

Current CPI (Mar. 2024) = 131.7762.

Casella Waste Systems Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.210 100.023 -0.277
201407 -0.192 100.520 -0.252
201410 -0.171 100.176 -0.225
201503 -0.515 99.621 -0.681
201506 -0.460 100.684 -0.602
201509 -0.378 100.392 -0.496
201512 -0.524 99.792 -0.692
201603 -0.691 100.470 -0.906
201606 -0.534 101.688 -0.692
201609 -0.335 101.861 -0.433
201612 -0.590 101.863 -0.763
201703 -0.553 102.862 -0.708
201706 -1.776 103.349 -2.265
201709 -1.439 104.136 -1.821
201712 -0.895 104.011 -1.134
201803 -0.909 105.290 -1.138
201806 -0.812 106.317 -1.006
201809 -0.123 106.507 -0.152
201812 -0.369 105.998 -0.459
201903 1.758 107.251 2.160
201906 2.021 108.070 2.464
201909 2.319 108.329 2.821
201912 2.569 108.420 3.122
202003 2.443 108.902 2.956
202006 2.703 108.767 3.275
202009 3.059 109.815 3.671
202012 7.088 109.897 8.499
202103 7.269 111.754 8.571
202106 7.560 114.631 8.691
202109 7.937 115.734 9.037
202112 8.217 117.630 9.205
202203 8.425 121.301 9.153
202206 8.854 125.017 9.333
202209 9.415 125.227 9.907
202212 9.632 125.222 10.136
202303 9.668 127.348 10.004
202306 17.397 128.729 17.809
202309 17.779 129.860 18.041
202312 17.619 129.419 17.940
202403 17.655 131.776 17.655

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


Casella Waste Systems  (NAS:CWST) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Casella Waste Systems Cyclically Adjusted PB Ratio Related Terms

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


Casella Waste Systems (Casella Waste Systems) Business Description

Traded in Other Exchanges
Address
25 Greens Hill Lane, Rutland, VT, USA, 05701
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.
Executives
Bradford John Helgeson officer: Executive VP and CFO 30 ESSEX PLACE, BASKING RIDGE NJ 07920
Kevin Drohan officer: VP & CHIEF ACCOUNTING OFFICER C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Edmond Coletta officer: PRESIDENT & CFO CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Paul Ligon officer: SR VP & CHIEF REVENUE OFFICER C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
William P Hulligan director 25 GREENS HILL LANE, RUTLAND VT 05701
Douglas R Casella director, officer: VICE CHAIRMAN, BD OF DIRECTORS CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LN, RUTLAND VT 05701
John W Casella director, officer: CHIEF EXECUTIVE OFFICER CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LN, RUTLAND VT 05701
Joseph Doody director CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Michael Louis Battles director 45 WILLIAM STREET, WELLESLEY MA 02481
Rose M. Kirk director C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Gary Sova director CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Sean Steves officer: Sr VP & COO of SW Ops C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Shelley E. Sayward officer: SENIOR VP & GENERAL COUNSEL C/O CASELLA WASTE SYSTEMS, INC., 25 GREENS HILL LANE, RUTLAND VT 05701
Michael K Burke director C/O LANDAUER, INC., 2 SCIENCE ROAD, GLENWOOD IL 60425