Aveng (FRA:UG8) Cyclically Adjusted PB Ratio: 0.00 (As of Jul. 27, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:UG8 Aveng Ltd FRA:UG8
53 GF Score
Price €0.18
GF Value €0.33
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Aveng Cyclically Adjusted PB Ratio?

Aveng FRA:UG8 -2.20% 53 Cyclically Adjusted PB Ratio is 0.00 as of Jul. 27, 2026. GuruFocus rates FRA:UG8 with a GF Score™ of 53/100 and a GF Value™ of €0.33 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,359 Construction companies, Aveng ranks worse than 73583.44% on this metric.

As of today (2026-07-27), Aveng's current share price is €0.178. Aveng's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was €52.81. Aveng's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past 13 years, Aveng's highest Cyclically Adjusted PB Ratio was 0.19. The lowest was 0.01. And the median was 0.04.

FRA:UG8's Cyclically Adjusted PB Ratio is not ranked *
in the Construction industry.
Industry Median: 1.16
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Aveng's adjusted book value per share data of for the fiscal year that ended in Jun25 was €0.844. 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 €52.81 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aveng  (FRA:UG8) 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.


Aveng Cyclically Adjusted PB Ratio Related Terms


Aveng Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aveng'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.

Aveng Cyclically Adjusted PB Ratio Chart

Aveng Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.00

Aveng Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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

FRA:UG8 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Aveng'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.


Aveng Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Aveng's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:UG8
53GF Score
Aveng Ltd FRA:UG8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aveng 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.

Aveng's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.178/52.81
=0.00

* 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.

Aveng's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Aveng's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.844/160.9852*160.9852
=0.844

Current CPI (Jun25) = 160.9852.

Aveng Annual Data

Book Value per Share CPI Adj_Book
201606 306.507 106.713 462.392
201706 154.718 112.054 222.280
201806 62.182 116.959 85.589
201906 2.728 122.191 3.594
202006 1.704 124.807 2.198
202106 1.652 131.113 2.028
202206 1.720 140.835 1.966
202306 1.235 148.802 1.336
202406 1.353 156.269 1.394
202506 0.844 160.985 0.844

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 0.00 mean?
Aveng (FRA:UG8) has a Cyclically Adjusted PB Ratio of 0.00 as of Jul. 27, 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 Aveng and its competitors. Over the past decade, Aveng's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.19. According to the industry distribution chart, Aveng ranks #999999 out of 1359 companies in the Construction industry.
Is Aveng's Cyclically Adjusted PB Ratio too high?
Aveng's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.19. Based on the distribution chart, Aveng ranks #999999 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aveng has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aveng's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Aveng ranks #999999 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Aveng in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Historically, Aveng's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.19 over the past decade. 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,359 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. 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 Aveng and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aveng's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveng stock overvalued right now?
Based on GuruFocus' analysis, Aveng (FRA:UG8) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.33, compared to a current price of €0.18 — trading 46.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.00. Aveng's overall GF Score™ is 53/100 with 4 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 Aveng (FRA:UG8), the current Cyclically Adjusted PB Ratio is 0.00 as of Jul. 27, 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 Aveng (FRA:UG8) Overvalued in 2026?

Based on GuruFocus' analysis, Aveng stock appears to be undervalued. The current stock price of €0.18 is trading 46.1% below its estimated GF Value™ of €0.33. GuruFocus considers Aveng to be Significantly Undervalued.

Key valuation signals for FRA:UG8:

  • Cyclically Adjusted PB Ratio: 0.00
  • GF Value™: €0.33 vs. price of €0.18 (46.1% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the FRA:UG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aveng Business Description

Address 2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy; and the Aveng Corporate segment. It generates the majority of its revenue from the Infrastructure segment.
53GF Score

Get the complete analysis for FRA:UG8

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

€0.18
Price
€0.33
GF Value