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Avance Gas Holding (OSTO:AVANCEO) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 29, 2025)


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What is Avance Gas Holding Cyclically Adjusted PB Ratio?

As of today (2025-06-29), Avance Gas Holding's current share price is kr1.123. Avance Gas Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr86.19. Avance Gas Holding's Cyclically Adjusted PB Ratio for today is 0.01.

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

OSTO:AVANCEo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.7   Max: 1.32
Current: 0.01

During the past years, Avance Gas Holding's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.01. And the median was 0.70.

OSTO:AVANCEo's Cyclically Adjusted PB Ratio is ranked better than
98.86% of 787 companies
in the Oil & Gas industry
Industry Median: 0.97 vs OSTO:AVANCEo: 0.01

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.

Avance Gas Holding's adjusted book value per share data for the three months ended in Mar. 2025 was kr8.461. 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 kr86.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avance Gas Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avance Gas Holding'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.

* Premium members only.

Avance Gas Holding Cyclically Adjusted PB Ratio Chart

Avance Gas Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.42 1.01 0.56

Avance Gas Holding Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.83 1.14 0.71 0.56 0.12

Competitive Comparison of Avance Gas Holding's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.


Avance Gas Holding's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Avance Gas Holding 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.

Avance Gas Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.123/86.19
=0.01

* 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.

Avance Gas Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Avance Gas Holding's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.461/134.9266*134.9266
=8.461

Current CPI (Mar. 2025) = 134.9266.

Avance Gas Holding Quarterly Data

Book Value per Share CPI Adj_Book
201506 112.956 100.684 151.372
201509 124.957 100.392 167.943
201512 125.024 99.792 169.042
201603 118.676 100.470 159.376
201606 108.887 101.688 144.479
201609 93.393 101.861 123.710
201612 61.461 101.863 81.411
201703 59.311 102.862 77.800
201706 57.075 103.349 74.514
201709 0.000 104.136 0.000
201712 52.465 104.011 68.059
201803 48.350 105.290 61.960
201806 48.300 106.317 61.298
201809 48.253 106.507 61.129
201812 49.404 105.998 62.887
201903 46.742 107.251 58.804
201906 47.386 108.070 59.162
201909 52.605 108.329 65.521
201912 58.245 108.420 72.485
202003 63.278 108.902 78.400
202006 59.686 108.767 74.041
202009 57.960 109.815 71.214
202012 61.867 109.897 75.958
202103 63.138 111.754 76.230
202106 57.919 114.631 68.173
202109 60.090 115.734 70.055
202112 63.221 117.630 72.517
202203 65.879 121.301 73.279
202206 73.739 125.017 79.584
202209 78.389 125.227 84.461
202212 77.903 125.222 83.941
202303 82.587 127.348 87.502
202306 83.216 128.729 87.223
202309 81.350 129.860 84.524
202312 83.162 129.419 86.701
202403 98.579 131.776 100.936
202406 83.617 132.554 85.114
202409 72.035 133.029 73.063
202412 66.497 133.157 67.381
202503 8.461 134.927 8.461

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.


Avance Gas Holding  (OSTO:AVANCEo) 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.


Avance Gas Holding Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Avance Gas Holding's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Avance Gas Holding Business Description

Traded in Other Exchanges
Address
14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.

Avance Gas Holding Headlines

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