AWLNF (ALNG ASA) Cyclically Adjusted PB Ratio: 0.35 (As of Jul. 15, 2026) — 22% Below Median

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AWLNF ALNG ASA AWLNF
34 GF Score
Price $0.32
GF Value $0.21
Valuation Significantly Overvalued
! 8 Warning Signs
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What is ALNG ASA Cyclically Adjusted PB Ratio?

ALNG ASA AWLNF 34 Cyclically Adjusted PB Ratio is 0.35 as of Jul. 15, 2026, which is 22% below its 10-year median of 0.45. GuruFocus rates AWLNF with a GF Score™ of 34/100 and a GF Value™ of $0.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 774 Oil & Gas companies, ALNG ASA ranks better than 80.23% on this metric.

As of today (2026-07-15), ALNG ASA's current share price is $0.32. ALNG ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.92. ALNG ASA's Cyclically Adjusted PB Ratio for today is 0.35.

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

AWLNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.45   Max: 0.76
Current: 0.38

During the past years, ALNG ASA's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.13. And the median was 0.45.

AWLNF's Cyclically Adjusted PB Ratio is ranked better than
80.23% of 774 companies
in the Oil & Gas industry
Industry Median: 1.18 vs AWLNF: 0.38

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.

ALNG ASA's adjusted book value per share data for the three months ended in Mar. 2026 was $0.570. 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 $0.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ALNG ASA  (OTCPK:AWLNF) 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.


ALNG ASA Cyclically Adjusted PB Ratio Related Terms


ALNG ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ALNG ASA'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.

ALNG ASA Cyclically Adjusted PB Ratio Chart

ALNG ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.65 0.66 0.35 0.30

ALNG ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.23 0.26 0.36 0.30 0.35

AWLNF vs WMB, EPD, KMI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, ALNG ASA'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.


ALNG ASA Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ALNG ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


AWLNF
34GF Score
ALNG ASA AWLNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALNG ASA 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.

ALNG ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.32/0.92
=0.35

* 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.

ALNG ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ALNG ASA's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.57/141.0300*141.0300
=0.570

Current CPI (Mar. 2026) = 141.0300.

ALNG ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.485 103.800 2.018
201609 1.440 104.200 1.949
201612 1.414 104.400 1.910
201703 1.303 105.000 1.750
201706 0.972 105.800 1.296
201709 0.910 105.900 1.212
201712 0.879 106.100 1.168
201803 0.886 107.300 1.165
201806 0.840 108.500 1.092
201809 0.808 109.500 1.041
201812 0.800 109.800 1.028
201903 0.776 110.400 0.991
201906 0.717 110.600 0.914
201909 0.710 111.100 0.901
201912 0.742 111.300 0.940
202003 0.761 111.200 0.965
202006 0.724 112.100 0.911
202009 0.680 112.900 0.849
202012 0.688 112.900 0.859
202103 0.736 114.600 0.906
202106 0.759 115.300 0.928
202109 0.794 117.500 0.953
202112 0.834 118.900 0.989
202203 0.875 119.800 1.030
202206 0.876 122.600 1.008
202209 0.840 125.600 0.943
202212 0.874 125.900 0.979
202303 0.893 127.600 0.987
202306 0.927 130.400 1.003
202309 0.928 129.800 1.008
202312 1.001 131.900 1.070
202403 0.966 132.600 1.027
202406 0.962 133.800 1.014
202409 0.939 133.700 0.990
202412 0.949 134.800 0.993
202503 0.927 136.100 0.961
202506 0.905 137.800 0.926
202509 0.903 138.500 0.919
202512 0.872 139.100 0.884
202603 0.570 141.030 0.570

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 0.35 mean?
ALNG ASA (AWLNF) has a Cyclically Adjusted PB Ratio of 0.35 as of Jul. 15, 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 ALNG ASA and its competitors. This is 22% below median its historical median of 0.45. Over the past decade, ALNG ASA's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.76. According to the industry distribution chart, ALNG ASA ranks #153 out of 774 companies in the Oil & Gas industry, placing it in the top 19.8%.
Is ALNG ASA's Cyclically Adjusted PB Ratio too high?
ALNG ASA's current Cyclically Adjusted PB Ratio of 0.35 is 22% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.76. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. ALNG ASA's value of 0.35 is 70.3% below this industry median. Based on the distribution chart, ALNG ASA ranks #153 out of 774 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ALNG ASA has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALNG ASA's Cyclically Adjusted PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, ALNG ASA ranks #153 out of 774 companies for Cyclically Adjusted PB Ratio. This places ALNG ASA in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. ALNG ASA's value of 0.35 is 70.3% below this benchmark. Historically, ALNG ASA's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.76 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.18, ALNG ASA 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 774 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. ALNG ASA's current Cyclically Adjusted PB Ratio of 0.35 is 70.3% 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 ALNG ASA and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALNG ASA's current Cyclically Adjusted PB Ratio is 0.35, which is 22% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALNG ASA stock overvalued right now?
Based on GuruFocus' analysis, ALNG ASA (AWLNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.21, compared to a current price of $0.32 — trading 52.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.35, which is 22% below median its 10-year median of 0.45 and 70.3% below the Oil & Gas industry median of 1.18. ALNG ASA's overall GF Score™ is 34/100 with 8 warning signs to review. 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 ALNG ASA (AWLNF), the current Cyclically Adjusted PB Ratio is 0.35 as of Jul. 15, 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.

Is ALNG ASA (AWLNF) Overvalued in 2026?

Based on GuruFocus' analysis, ALNG ASA stock appears to be overvalued. The current stock price of $0.32 is trading 52.4% above its estimated GF Value™ of $0.21. GuruFocus considers ALNG ASA to be Significantly Overvalued.

Key valuation signals for AWLNF:

  • Cyclically Adjusted PB Ratio: 0.35 (22% below median its 10-year median of 0.45)
  • GF Value™: $0.21 vs. price of $0.32 (52.4% above fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 70.3% below the Oil & Gas median (#153 of 774)

No single metric tells the full story. See the AWLNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ALNG ASA Business Description

Industry EnergyOil & Gas
Address Haakon VII’s Gate 1, 2nd floor, Oslo, NOR, NO-0161
ALNG ASA is a Norwegian based LNG transportation provider, owning and operating LNG vessels intended for international trade. The Company fleet includes LNG vessels used for the transportation of liquefied natural gas.
34GF Score

Get the complete analysis for AWLNF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.32
Price
$0.21
GF Value