AVNI (Arvana) Cyclically Adjusted PB Ratio: (As of Jul. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Arvana Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arvana  (OTCPK:AVNI) 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.


Arvana Cyclically Adjusted PB Ratio Related Terms


Arvana Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arvana'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.

Arvana Cyclically Adjusted PB Ratio Chart

Arvana Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Arvana Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 0.00 0.00 0.00

AVNI vs NWTG, BWMG, HWH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Arvana'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.


Arvana Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Arvana's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arvana 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.

Arvana's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Arvana's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.01/324.8000*324.8000
=-0.010

Current CPI (Sep. 2025) = 324.8000.

Arvana Quarterly Data

Book Value per Share CPI Adj_Book
201512 -0.847 236.525 -1.163
201603 -0.879 238.132 -1.199
201606 -0.883 241.018 -1.190
201609 -0.891 241.428 -1.199
201612 -0.726 241.432 -0.977
201703 -0.740 243.801 -0.986
201706 -0.764 244.955 -1.013
201709 -0.787 246.819 -1.036
201712 -0.799 246.524 -1.053
201803 -0.804 249.554 -1.046
201806 -0.796 251.989 -1.026
201809 -0.768 252.439 -0.988
201812 -0.750 251.233 -0.970
201903 -0.762 254.202 -0.974
201906 -0.781 256.143 -0.990
201909 -0.782 256.759 -0.989
201912 -0.714 256.974 -0.902
202003 -0.348 258.115 -0.438
202006 -0.359 257.797 -0.452
202009 -0.370 260.280 -0.462
202012 -0.148 260.474 -0.185
202103 -0.148 264.877 -0.181
202106 -0.118 271.696 -0.141
202109 -0.001 274.310 -0.001
202112 -0.001 278.802 -0.001
202203 -0.001 287.504 -0.001
202206 -0.001 296.311 -0.001
202209 0.002 296.808 0.002
202212 0.001 296.797 0.001
202303 -0.007 301.836 -0.008
202306 -0.007 305.109 -0.007
202309 -0.008 307.789 -0.008
202312 -0.009 306.746 -0.010
202403 -0.010 312.332 -0.010
202406 -0.010 314.175 -0.010
202409 -0.011 315.301 -0.011
202412 -0.012 315.605 -0.012
202503 -0.012 319.799 -0.012
202506 -0.013 322.561 -0.013
202509 -0.010 324.800 -0.010

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.


Arvana Business Description

Address 299 South Main Street, 13th Floor, Salt Lake, UT, USA, 84111
Arvana Inc operates a Florida-based fishing charter business offering a range of curated maritime adventures, including inshore, offshore, and custom charters for fishing enthusiasts, nature lovers, and tourists. The business is operated from a private dock in Palmetto, Florida that services the Tampa Bay area in addition to St Petersburg, Sarasota, Venice, Port Charlotte, and Clearwater. It generates revenue from the sale and provision of fishing charter services.