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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 (2024-05-25), Clean Harbors's share price is $217.85. Clean Harbors's Book Value per Share for the quarter that ended in Mar. 2024 was $42.86. Hence, Clean Harbors's PB Ratio of today is 5.08.
Warning Sign:
Clean Harbors Inc stock PB Ratio (=5.08) is close to 10-year high of 5.08
The historical rank and industry rank for Clean Harbors's PB Ratio or its related term are showing as below:
During the past 13 years, Clean Harbors's highest PB Ratio was 5.08. The lowest was 1.83. And the median was 2.87.
During the past 12 months, Clean Harbors's average Book Value Per Share Growth Rate was 17.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Clean Harbors was 161.90% per year. The lowest was -43.70% per year. And the median was 7.40% per year.
The historical data trend for Clean Harbors'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.
Clean Harbors Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PB Ratio | Get a 7-Day Free Trial | 3.77 | 3.11 | 3.59 | 3.21 | 4.19 |
Clean Harbors Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
PB Ratio | Get a 7-Day Free Trial | 3.89 | 4.22 | 4.14 | 4.19 | 4.70 |
For the Waste Management subindustry, Clean Harbors'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.
For the Waste Management industry and Industrials sector, Clean Harbors's PB Ratio distribution charts can be found below:
* The bar in red indicates where Clean Harbors'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.
Clean Harbors's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Mar. 2024) |
= | 217.85 | / | 42.861 | |
= | 5.08 |
* 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:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
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.
Clean Harbors (NYSE:CLH) PB Ratio Explanation
Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.
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.
Thank you for viewing the detailed overview of Clean Harbors's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Alan S Mckim | director, officer: Chrmn. of Bd., Pres.and CEO | |
Robert W. Harrison | officer: EVP, EHS | 42 LONGWATER DRIVE, NORWELL MA 02061 |
Eric W Gerstenberg | officer: Chief Operating Officer | 24 MACFARLANE DRIVE, KINGSTON MA 02364 |
Eric J. Dugas | officer: VP, Corp. Contr and CAO | C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061 |
Robert Speights | officer: EVP (CHESI) | C/O CLEAN HARBORS ENVIRONMENTAL SERVICES, 42 LONGWATER DRIVE, NORWELL MA 02061 |
George L Curtis | officer: Exec. Vice President (CHESI) | |
Rebecca Underwood | officer: President & EVP Facilities | 42 LONGWATER DRIVE, NORWELL MA 02061 |
Loan Nguyen Mansy | officer: President Env Sales & Service | C/O HUDSON TECHNOLOGIES, INC., 300 TICE BOULEVARD, SUITE 290, WOODCLIFF LAKE NJ 07677 |
John T Preston | director | C/O MOLTEN METAL TECHNOLOTY INC, 400-2 TOTTEN POND ROAD, WALTHAM MA 02154 |
Andrea Robertson | director | 129 SHELTER ROCK ROAD, STAMFORD CT 06903 |
Michael Louis Battles | officer: SVP & CAO | 45 WILLIAM STREET, WELLESLEY MA 02481 |
Sharon M. Gabriel | officer: EVP/CIO (CHESI) | 42 LONGWATER DRIVE, NORWELL MA 02061 |
Brian P Weber | officer: EVP (CHESI) | 88 PINE STREET, WALPOLE MA 02081 |
Eugene G Banucci | director | |
Melkeya Mcduffie | officer: EVP, Human Resources Officer | C/O CLEAN HARBORS INC., 42 LONGWATER DRIVE, NORWELL MA 02061 |
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