Avient (FRA:PY9) Cyclically Adjusted PB Ratio: (As of Aug. 06, 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.

FRA:PY9 Avient Corp FRA:PY9
76 GF Score
Price €37.60
GF Value €33.84
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Avient Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avient  (FRA:PY9) 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.


Avient Cyclically Adjusted PB Ratio Related Terms


Avient Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Avient'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.

Avient Cyclically Adjusted PB Ratio Chart

Avient 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 4.80 2.47 2.71 2.39 1.65

Avient Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.78 1.77 1.65 1.84 0.00

FRA:PY9 vs CLMT, WDFC, ASH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Avient'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.


Avient Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avient's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:PY9
76GF Score
Avient Corp FRA:PY9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avient 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.

Avient's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.942/333.9520*333.9520
=22.942

Current CPI (Jun. 2026) = 333.9520.

Avient Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.034 241.428 11.113
201612 8.505 241.432 11.764
201703 8.390 243.801 11.492
201706 6.064 244.955 8.267
201709 5.897 246.819 7.979
201712 6.251 246.524 8.468
201803 5.924 249.554 7.927
201806 6.359 251.989 8.427
201809 6.585 252.439 8.711
201812 6.109 251.233 8.120
201903 6.462 254.202 8.489
201906 6.567 256.143 8.562
201909 6.982 256.759 9.081
201912 12.311 256.974 15.999
202003 15.235 258.115 19.711
202006 15.066 257.797 19.517
202009 14.834 260.280 19.033
202012 15.279 260.474 19.589
202103 15.706 264.877 19.802
202106 16.075 271.696 19.758
202109 16.433 274.310 20.006
202112 17.146 278.802 20.538
202203 18.008 287.504 20.917
202206 18.826 296.311 21.218
202209 19.106 296.808 21.497
202212 24.244 296.797 27.279
202303 24.099 301.836 26.663
202306 23.659 305.109 25.896
202309 23.403 307.789 25.392
202312 23.319 306.746 25.387
202403 23.403 312.332 25.023
202406 23.578 314.175 25.062
202409 23.303 315.301 24.681
202412 24.176 315.605 25.581
202503 23.226 319.799 24.254
202506 22.336 322.561 23.125
202509 22.076 324.800 22.698
202512 22.144 324.054 22.820
202603 22.691 330.213 22.948
202606 22.942 333.952 22.942

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.

Is Avient (FRA:PY9) Overvalued in 2026?

Based on GuruFocus' analysis, Avient stock appears to be overvalued. The current stock price of €37.60 is trading 11.1% above its estimated GF Value™ of €33.84. GuruFocus considers Avient to be Modestly Overvalued.

Key valuation signals for FRA:PY9:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €33.84 vs. price of €37.60 (11.1% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA:PY9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avient Business Description

Other Exchanges AVNT:USA
Address 33587 Walker Road, Avon Lake, OH, USA, 44012
Avient Corp manufactures and sells various chemical and plastic-based products to designers and plastic processors. The firm operates in two reportable segments: Color, Additives and Inks, and Specialty Engineered Materials. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The Color, Additives, and Inks segment and the distribution segment generate maximum revenue. Geographically, the company generates maximum revenue from the United States and Canada, followed by EMEA, Asia, and Latin America.
76GF Score

Get the complete analysis for FRA:PY9

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

€37.60
Price
€33.84
GF Value