AWX (Avalon Holdings) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 25, 2026) — Near Median

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AWX Avalon Holdings Corp AWX
66 GF Score
Price $2.58
GF Value $2.59
Valuation Fairly Valued
! 2 Warning Signs
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What is Avalon Holdings Cyclically Adjusted PB Ratio?

Avalon Holdings AWX +1.18% 66 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 25, 2026, which is at its 10-year median of 0.22. GuruFocus rates AWX with a GF Score™ of 66/100 and a GF Value™ of $2.59 (Fairly Valued). The stock has 2 warning signs investors should review. Among 161 Waste Management companies, Avalon Holdings ranks better than 89.44% on this metric.

As of today (2026-07-25), Avalon Holdings's current share price is $2.5799. Avalon Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.70. Avalon Holdings's Cyclically Adjusted PB Ratio for today is 0.22.

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: 0.22   Max: 0.91
Current: 0.22

During the past years, Avalon Holdings's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.11. And the median was 0.22.

AWX's Cyclically Adjusted PB Ratio is ranked better than
89.44% of 161 companies
in the Waste Management industry
Industry Median: 1.61 vs AWX: 0.22

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. 2026 was $9.520. 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 $11.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Avalon Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Avalon Holdings Cyclically Adjusted PB Ratio Chart

Avalon Holdings 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 0.32 0.23 0.20 0.33 0.23

Avalon Holdings 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 0.24 0.21 0.22 0.23 0.22

AWX vs AQMS, OCLN, CDTG: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


AWX
66GF Score
Avalon Holdings Corp AWX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=2.5799/11.70
=0.22

* 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. 2026 is calculated as:

For example, Avalon Holdings'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)
=9.52/330.2130*330.2130
=9.520

Current CPI (Mar. 2026) = 330.2130.

Avalon Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.074 241.018 13.802
201609 10.287 241.428 14.070
201612 10.187 241.432 13.933
201703 9.945 243.801 13.470
201706 9.977 244.955 13.450
201709 10.122 246.819 13.542
201712 10.109 246.524 13.541
201803 9.900 249.554 13.100
201806 10.064 251.989 13.188
201809 10.288 252.439 13.458
201812 9.672 251.233 12.713
201903 9.508 254.202 12.351
201906 9.632 256.143 12.417
201909 9.669 256.759 12.435
201912 9.556 256.974 12.280
202003 9.347 258.115 11.958
202006 9.235 257.797 11.829
202009 9.437 260.280 11.973
202012 9.513 260.474 12.060
202103 9.697 264.877 12.089
202106 9.888 271.696 12.018
202109 10.141 274.310 12.208
202112 10.020 278.802 11.868
202203 9.697 287.504 11.137
202206 9.821 296.311 10.945
202209 10.121 296.808 11.260
202212 9.872 296.797 10.983
202303 9.442 301.836 10.330
202306 9.403 305.109 10.177
202309 9.630 307.789 10.332
202312 9.417 306.746 10.137
202403 9.166 312.332 9.691
202406 9.410 314.175 9.890
202409 9.882 315.301 10.349
202412 9.755 315.605 10.207
202503 9.370 319.799 9.675
202506 9.441 322.561 9.665
202509 9.928 324.800 10.093
202512 9.837 324.054 10.024
202603 9.520 330.213 9.520

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 0.22 mean?
Avalon Holdings (AWX) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 25, 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 Avalon Holdings and its competitors. This is near median its historical median of 0.22. Over the past decade, Avalon Holdings' Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.91. According to the industry distribution chart, Avalon Holdings ranks #17 out of 161 companies in the Waste Management industry, placing it in the top 10.6%.
Is Avalon Holdings' Cyclically Adjusted PB Ratio too high?
Avalon Holdings' current Cyclically Adjusted PB Ratio of 0.22 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.91. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.61. Avalon Holdings' value of 0.22 is 86.3% below this industry median. Based on the distribution chart, Avalon Holdings ranks #17 out of 161 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Avalon Holdings has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Avalon Holdings' Cyclically Adjusted PB Ratio compare to AQMS and OCLN?
According to the Waste Management industry distribution chart, Avalon Holdings ranks #17 out of 161 companies for Cyclically Adjusted PB Ratio. This places Avalon Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.61. Avalon Holdings' value of 0.22 is 86.3% below this benchmark. Historically, Avalon Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.91 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.61, Avalon Holdings 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 a Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.61, based on 161 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. Avalon Holdings's current Cyclically Adjusted PB Ratio of 0.22 is 86.3% 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 Avalon Holdings and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avalon Holdings's current Cyclically Adjusted PB Ratio is 0.22, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avalon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Avalon Holdings (AWX) is currently considered Fairly Valued. The stock's GF Value™ is $2.59, compared to a current price of $2.58 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is near median its 10-year median of 0.22 and 86.3% below the Waste Management industry median of 1.61. Avalon Holdings' overall GF Score™ is 66/100 with 2 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 Avalon Holdings (AWX), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 25, 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 Avalon Holdings (AWX) Overvalued in 2026?

Based on GuruFocus' analysis, Avalon Holdings stock appears to be undervalued. The current stock price of $2.58 is trading 0.4% below its estimated GF Value™ of $2.59. GuruFocus considers Avalon Holdings to be Fairly Valued.

Key valuation signals for AWX:

  • Cyclically Adjusted PB Ratio: 0.22 (near median its 10-year median of 0.22)
  • GF Value™: $2.59 vs. price of $2.58 (0.4% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 86.3% below the Waste Management median (#17 of 161)

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


Avalon Holdings Business Description

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. The company has two operating segments. The Waste management services segment, which is the key revenue driver, provides hazardous and non-hazardous brokerage and management services to industrial, commercial, municipal, and governmental customers, captive landfill management for an industrial customer, and saltwater injection well operations. Its Golf and related operations segment consists of four golf courses and associated clubhouses, which provide dining and banquet facilities, a hotel which provides lodging and resort-related amenities.
66GF Score

Get the complete analysis for AWX

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

$2.58
Price
$2.59
GF Value