AVI Global Trust (CHIX:AGTL) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CHIX:AGTL AVI Global Trust PLC CHIX:AGTL
33 GF Score
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What is AVI Global Trust Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AVI Global Trust  (CHIX:AGTl) 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.


AVI Global Trust Cyclically Adjusted PB Ratio Related Terms


AVI Global Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AVI Global Trust'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.

AVI Global Trust Cyclically Adjusted PB Ratio Chart

AVI Global Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.02 1.04 1.10 1.02

AVI Global Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.17 1.11 1.10 1.05 1.01

CHIX:AGTL vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, AVI Global Trust'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.


AVI Global Trust Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, AVI Global Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:AGTL
33GF Score
AVI Global Trust PLC CHIX:AGTL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AVI Global Trust 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.

AVI Global Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, AVI Global Trust's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=2.771/138.9000*138.9000
=2.771

Current CPI (Sep25) = 138.9000.

AVI Global Trust Annual Data

Book Value per Share CPI Adj_Book
201609 1.341 101.500 1.835
201709 1.555 104.300 2.071
201809 1.684 106.600 2.194
201909 1.705 108.400 2.185
202009 1.674 109.200 2.129
202109 2.220 112.400 2.743
202209 1.973 122.300 2.241
202309 2.231 130.100 2.382
202409 2.517 133.500 2.619
202509 2.771 138.900 2.771

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.


AVI Global Trust Business Description

Other Exchanges AGT:UK
Address 51 Lime Street, 19th Floor, London, GBR, EC3M 7DQL
AVI Global Trust PLC is a closed-end investment trust. Its investment objective is to achieve capital growth through a portfolio of investments, particularly in companies whose shares stand at a discount to estimated underlying net asset value. The company invests in companies listed on stock exchanges in the UK and/or overseas, which includes investment holding companies, investment trusts, and other companies.
33GF Score

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

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