Parkway (ASX:PWN) Cyclically Adjusted PB Ratio: 1.05 (As of Jul. 06, 2026) — Near Median


What is Parkway Cyclically Adjusted PB Ratio?

Parkway ASX:PWN Cyclically Adjusted PB Ratio is 1.05 as of Jul. 06, 2026, which is 5% above its 10-year median of 1.00. The stock has 3 warning signs investors should review. Among 2,297 Industrial Products companies, Parkway ranks better than 74.1% on this metric.

As of today (2026-07-06), Parkway's current share price is A$0.0105. Parkway's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was A$0.01. Parkway's Cyclically Adjusted PB Ratio for today is 1.05.

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

ASX:PWN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1   Max: 1.65
Current: 1.07

During the past 13 years, Parkway's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.38. And the median was 1.00.

ASX:PWN's Cyclically Adjusted PB Ratio is ranked better than
74.1% of 2297 companies
in the Industrial Products industry
Industry Median: 2.29 vs ASX:PWN: 1.07

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.

Parkway's adjusted book value per share data of for the fiscal year that ended in Jun25 was A$0.006. 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 A$0.01 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parkway  (ASX:PWN) 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.


Parkway Cyclically Adjusted PB Ratio Related Terms


Parkway Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Parkway'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.

Parkway Cyclically Adjusted PB Ratio Chart

Parkway Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.62 0.75 0.70 1.22

Parkway Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.70 0.00 1.22 0.00

ASX:PWN vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Parkway'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.


Parkway Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parkway's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Parkway 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.

Parkway's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0105/0.01
=1.05

* 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.

Parkway's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Parkway's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.006/131.5506*131.5506
=0.006

Current CPI (Jun25) = 131.5506.

Parkway Annual Data

Book Value per Share CPI Adj_Book
201606 0.019 0.000
201706 0.017 0.000
201806 0.010 0.000
201906 0.005 0.000
202006 0.004 0.000
202106 0.006 0.000
202206 0.004 0.000
202306 0.004 0.000
202406 0.006 0.000
202506 0.006 131.551 0.006

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.

What does a Cyclically Adjusted PB Ratio of 1.05 mean?
Parkway (ASX:PWN) has a Cyclically Adjusted PB Ratio of 1.05 as of Jul. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Parkway and its competitors. This is near median its historical median of 1.00. Over the past decade, Parkway's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.65. According to the industry distribution chart, Parkway ranks #595 out of 2297 companies in the Industrial Products industry, placing it in the top 25.9%.
Is Parkway's Cyclically Adjusted PB Ratio too high?
Parkway's current Cyclically Adjusted PB Ratio of 1.05 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.65. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. Parkway's value of 1.05 is 54.1% below this industry median. Based on the distribution chart, Parkway ranks #595 out of 2297 companies in the Industrial Products industry, which is above the industry midpoint.
How does Parkway's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Parkway ranks #595 out of 2297 companies for Cyclically Adjusted PB Ratio. This puts Parkway in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.29. Parkway's value of 1.05 is 54.1% below this benchmark. Historically, Parkway's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.65 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 2.29, Parkway has consistently been below 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 Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,297 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parkway's current Cyclically Adjusted PB Ratio of 1.05 is 54.1% below 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Parkway and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parkway's current Cyclically Adjusted PB Ratio is 1.05, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkway stock overvalued right now?
Based on GuruFocus' analysis, Parkway (ASX:PWN) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.02, compared to a current price of A$0.01 — trading 47.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is near median its 10-year median of 1.00 and 54.1% below the Industrial Products industry median of 2.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Parkway (ASX:PWN), the current Cyclically Adjusted PB Ratio is 1.05 as of Jul. 06, 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.

Parkway Business Description

Other Exchanges 4IP:Germany
Address 45 Bunnett Street, Warehouse 5, Sunshine North, Melbourne, VIC, AUS, 3020
Parkway Corp Ltd is engaged in providing water treatment-related products and services. The company is comprised of three key business units, Parkway Process Solutions, Parkway Process Technologies and Parkway Ventures. Its products include pump range; filters; tank range; pipe, host and fittings, and others.