Avalon Advanced Materials (TSX:AVL) Cyclically Adjusted PB Ratio: 0.09 (As of Jul. 19, 2026) — 40% Below Median

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TSX:AVL Avalon Advanced Materials Inc TSX:AVL
54 GF Score
Price C$6.98
GF Value C$697.44
Valuation Possible Value Trap
! 5 Warning Signs
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What is Avalon Advanced Materials Cyclically Adjusted PB Ratio?

Avalon Advanced Materials TSX:AVL -6.18% 54 Cyclically Adjusted PB Ratio is 0.09 as of Jul. 19, 2026, which is 40% below its 10-year median of 0.15. GuruFocus rates TSX:AVL with a GF Score™ of 54/100 and a GF Value™ of C$697.44 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,545 Metals & Mining companies, Avalon Advanced Materials ranks better than 94.11% on this metric.

As of today (2026-07-19), Avalon Advanced Materials's current share price is C$6.98. Avalon Advanced Materials's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was C$75.65. Avalon Advanced Materials's Cyclically Adjusted PB Ratio for today is 0.09.

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

TSX:AVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.15   Max: 0.4
Current: 0.09

During the past years, Avalon Advanced Materials's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.04. And the median was 0.15.

TSX:AVL's Cyclically Adjusted PB Ratio is ranked better than
94.11% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs TSX:AVL: 0.09

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 Advanced Materials's adjusted book value per share data for the three months ended in May. 2026 was C$25.933. 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 C$75.65 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avalon Advanced Materials  (TSX:AVL) 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 Advanced Materials Cyclically Adjusted PB Ratio Related Terms


Avalon Advanced Materials Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Avalon Advanced Materials'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 Advanced Materials Cyclically Adjusted PB Ratio Chart

Avalon Advanced Materials Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.20 0.21 0.09 0.10

Avalon Advanced Materials Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.05 0.10 0.13 0.16 0.17

Avalon Advanced Materials Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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 Advanced Materials Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Avalon Advanced Materials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:AVL
54GF Score
Avalon Advanced Materials Inc TSX:AVL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Avalon Advanced Materials 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 Advanced Materials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.98/75.65
=0.09

* 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 Advanced Materials's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Avalon Advanced Materials's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=25.933/134.0005*134.0005
=25.933

Current CPI (May. 2026) = 134.0005.

Avalon Advanced Materials Quarterly Data

Book Value per Share CPI Adj_Book
201608 117.369 101.686 154.668
201611 114.261 101.607 150.689
201702 111.867 102.476 146.281
201705 110.448 103.108 143.540
201708 106.414 103.108 138.297
201711 101.147 103.740 130.651
201802 96.507 104.688 123.529
201805 95.926 105.399 121.957
201808 89.078 106.031 112.575
201811 82.567 105.478 104.894
201902 75.920 106.268 95.733
201905 70.465 107.927 87.488
201908 67.636 108.085 83.853
201911 65.371 107.769 81.282
202002 64.231 108.559 79.284
202005 63.273 107.532 78.847
202008 59.144 108.243 73.218
202011 58.765 108.796 72.379
202102 56.265 109.745 68.701
202105 56.084 111.404 67.460
202108 55.973 112.668 66.571
202111 55.240 113.932 64.970
202202 53.972 115.986 62.355
202205 53.799 120.016 60.068
202208 49.294 120.569 54.785
202211 49.727 121.675 54.764
202302 47.468 122.070 52.107
202305 37.992 124.045 41.041
202308 40.521 125.389 43.304
202311 41.866 125.468 44.713
202402 41.350 125.468 44.162
202405 41.121 127.601 43.183
202408 40.171 127.838 42.108
202411 38.717 127.838 40.583
202502 37.188 128.786 38.694
202505 35.860 129.813 37.017
202508 34.924 130.208 35.941
202511 30.310 130.682 31.080
202602 26.822 131.077 27.420
202605 25.933 134.001 25.933

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 0.09 mean?
Avalon Advanced Materials (TSX:AVL) has a Cyclically Adjusted PB Ratio of 0.09 as of Jul. 19, 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 Advanced Materials and its competitors. This is 40% below median its historical median of 0.15. Over the past decade, Avalon Advanced Materials' Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.40. According to the industry distribution chart, Avalon Advanced Materials ranks #91 out of 1545 companies in the Metals & Mining industry, placing it in the top 5.9%.
Is Avalon Advanced Materials' Cyclically Adjusted PB Ratio too high?
Avalon Advanced Materials' current Cyclically Adjusted PB Ratio of 0.09 is 40% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.40. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Avalon Advanced Materials' value of 0.09 is 93.5% below this industry median. Based on the distribution chart, Avalon Advanced Materials ranks #91 out of 1545 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Avalon Advanced Materials has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Avalon Advanced Materials' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Avalon Advanced Materials ranks #91 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Avalon Advanced Materials in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.39. Avalon Advanced Materials' value of 0.09 is 93.5% below this benchmark. Historically, Avalon Advanced Materials' own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.40 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.39, Avalon Advanced Materials 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.39, based on 1,545 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 Advanced Materials's current Cyclically Adjusted PB Ratio of 0.09 is 93.5% 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 Advanced Materials and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avalon Advanced Materials's current Cyclically Adjusted PB Ratio is 0.09, which is 40% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avalon Advanced Materials stock overvalued right now?
Based on GuruFocus' analysis, Avalon Advanced Materials (TSX:AVL) is currently considered Possible Value Trap. The stock's GF Value™ is C$697.44, compared to a current price of C$6.98 — trading 99% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 40% below median its 10-year median of 0.15 and 93.5% below the Metals & Mining industry median of 1.39. Avalon Advanced Materials' overall GF Score™ is 54/100 with 5 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 Advanced Materials (TSX:AVL), the current Cyclically Adjusted PB Ratio is 0.09 as of Jul. 19, 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 Advanced Materials (TSX:AVL) Overvalued in 2026?

Based on GuruFocus' analysis, Avalon Advanced Materials stock appears to be undervalued. The current stock price of C$6.98 is trading 99% below its estimated GF Value™ of C$697.44. GuruFocus considers Avalon Advanced Materials to be Possible Value Trap.

Key valuation signals for TSX:AVL:

  • Cyclically Adjusted PB Ratio: 0.09 (40% below median its 10-year median of 0.15)
  • GF Value™: C$697.44 vs. price of C$6.98 (99% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 93.5% below the Metals & Mining median (#91 of 1545)

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


Avalon Advanced Materials Business Description

Address 130 Adelaide Street West, Suite 2060, Toronto, ON, CAN, M5H 3P5
Avalon Advanced Materials Inc is a mineral exploration and development company. It is principally engaged in the acquisition, exploration, evaluation, and development of specialty and critical minerals properties, located principally in Canada. It holds an exploration license within four claims in the East Kemptville area of Yarmouth, Nova Scotia. The company also holds an interest in a mining lease in the Warren Township Anorthosite Project, Nechalacho REE Project, and Net Smelter Returns (NSR) rights in the East Cedartree Gold Property, and the Wolf Mountain Platinum-Palladium Project located near Thunder Bay, Ontario.
54GF Score

Get the complete analysis for TSX:AVL

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

C$6.98
Price
C$697.44
GF Value