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Avalon Holdings (Avalon Holdings) Cyclically Adjusted PB Ratio : 0.19 (As of May. 28, 2024)


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What is Avalon Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Avalon Holdings's current share price is $2.265. Avalon Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.89. Avalon Holdings's Cyclically Adjusted PB Ratio for today is 0.19.

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

AWX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.23   Max: 0.91
Current: 0.2

During the past years, Avalon Holdings's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.11. And the median was 0.23.

AWX's Cyclically Adjusted PB Ratio is ranked better than
95.62% of 137 companies
in the Waste Management industry
Industry Median: 1.57 vs AWX: 0.20

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.

Avalon Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $9.165. 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 $11.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avalon Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avalon Holdings'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.

Avalon Holdings Cyclically Adjusted PB Ratio Chart

Avalon Holdings Annual Data
Trend Dec14 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 0.17 0.24 0.32 0.23 0.20

Avalon Holdings 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 0.22 0.21 0.16 0.20 0.19

Competitive Comparison of Avalon Holdings's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Avalon Holdings'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.


Avalon Holdings's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

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

* The bar in red indicates where Avalon Holdings's Cyclically Adjusted PB Ratio falls into.



Avalon Holdings 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.

Avalon Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.265/11.89
=0.19

* 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.

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

For example, Avalon Holdings'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)
=9.165/131.7762*131.7762
=9.165

Current CPI (Mar. 2024) = 131.7762.

Avalon Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.436 100.560 13.676
201409 10.467 100.428 13.734
201412 10.369 99.070 13.792
201503 10.100 99.621 13.360
201506 10.102 100.684 13.222
201509 10.245 100.392 13.448
201512 10.197 99.792 13.465
201603 9.961 100.470 13.065
201606 10.074 101.688 13.055
201609 10.287 101.861 13.308
201612 10.186 101.863 13.177
201703 9.945 102.862 12.740
201706 9.977 103.349 12.721
201709 10.122 104.136 12.809
201712 10.109 104.011 12.808
201803 9.900 105.290 12.390
201806 10.064 106.317 12.474
201809 10.288 106.507 12.729
201812 9.671 105.998 12.023
201903 9.507 107.251 11.681
201906 9.631 108.070 11.744
201909 9.668 108.329 11.761
201912 9.555 108.420 11.613
202003 9.346 108.902 11.309
202006 9.234 108.767 11.187
202009 9.436 109.815 11.323
202012 9.512 109.897 11.406
202103 9.696 111.754 11.433
202106 9.887 114.631 11.366
202109 10.139 115.734 11.544
202112 10.019 117.630 11.224
202203 9.696 121.301 10.533
202206 9.820 125.017 10.351
202209 10.120 125.227 10.649
202212 9.871 125.222 10.388
202303 9.441 127.348 9.769
202306 9.402 128.729 9.625
202309 9.629 129.860 9.771
202312 9.416 129.419 9.587
202403 9.165 131.776 9.165

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.


Avalon Holdings  (AMEX:AWX) 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.


Avalon Holdings Cyclically Adjusted PB Ratio Related Terms

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


Avalon Holdings (Avalon Holdings) Business Description

Traded in Other Exchanges
N/A
Address
One American Way, Warren, OH, USA, 44484-5555
Avalon Holdings Corp is a waste management company. The company provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets. It has two operating segments. The Waste management services segment which is the key revenue driver, includes waste disposal services, captive landfill operations, and saltwater injection well operations. Its Golf and related operations segment include management of golf courses and related clubhouses, a hotel, fitness centers, tennis courts, salon and spa services, dining, banquet and conference facilities and a travel agency.
Executives
Bryan Saksa officer: CHIEF FINANCIAL OFFICER ONE AMERICAN WAY, WARREN OH 44484
Christine Bell officer: President ONE AMERICAN WAY, WARREN OH 44484
Stephen L Gordon director 41 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Kenneth J Mcmahon officer: See Remarks ONE AMERICAN WAY, WARREN OH 44484
Kurtis Dean Gramley director 1001 HIGHLAND ROAD, SHARON PA 16146
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340
David G Bozanich director 7842 WALNUT STREET, YOUNGSTOWN OH 44512
Timothy C Coxson officer: Chief Financial Officer ONE AMERICAN WAY, WARREN OH 44484 5555
Robert Michael Arnoni director 3757 LIBRARY ROAD, SUITE 250, PITTSBURGH PA 15234
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Lourde John Constable 10 percent owner 5 RADNOR CORP CENTER, 100 MATSONFORD ROAD SUITE 520, RADNOR PA 19087
Nalluri Anil Choudary Inc P/s Plan & Trust U/a/dtd 7/1/80 10 percent owner 5500 MARKET ST #128, C/O ANIL C NALLURI MD INC, YOUNGSTOWN OH 44512
Thomas C Kniss director ONE AMERICAN WAY, WARREN OH 44484

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