AWX (Avalon Holdings) Cyclically Adjusted PS Ratio: 0.12 (As of Jul. 25, 2026) — 20% Below Median

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.

AWX Avalon Holdings Corp AWX
67 GF Score
Price $2.58
GF Value $2.59
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Avalon Holdings Cyclically Adjusted PS Ratio?

Avalon Holdings AWX +1.18% 67 Cyclically Adjusted PS Ratio is 0.12 as of Jul. 25, 2026, which is 20% below its 10-year median of 0.15. GuruFocus rates AWX with a GF Score™ of 67/100 and a GF Value™ of $2.59 (Fairly Valued). The stock has 2 warning signs investors should review. Among 156 Waste Management companies, Avalon Holdings ranks better than 94.87% on this metric.

As of today (2026-07-25), Avalon Holdings's current share price is $2.5799. Avalon Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $21.70. Avalon Holdings's Cyclically Adjusted PS Ratio for today is 0.12.

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

AWX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.15   Max: 0.7
Current: 0.12

During the past years, Avalon Holdings's highest Cyclically Adjusted PS Ratio was 0.70. The lowest was 0.07. And the median was 0.15.

AWX's Cyclically Adjusted PS Ratio is ranked better than
94.87% of 156 companies
in the Waste Management industry
Industry Median: 1.36 vs AWX: 0.12

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Avalon Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.529. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $21.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avalon Holdings  (AMEX:AWX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Avalon Holdings Cyclically Adjusted PS Ratio Related Terms


Avalon Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avalon Holdings's Cyclically Adjusted PS 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 Holdings Cyclically Adjusted PS Ratio Chart

Avalon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.15 0.12 0.19 0.13

Avalon Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.14 0.12 0.12 0.13 0.12

AWX vs AQMS, OCLN, CDTG: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Avalon Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Holdings Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Avalon Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Avalon Holdings's Cyclically Adjusted PS Ratio falls into.


AWX
67GF Score
Avalon Holdings Corp AWX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avalon Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Avalon Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.5799/21.70
=0.12

* 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 Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Avalon Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.529/330.2130*330.2130
=4.529

Current CPI (Mar. 2026) = 330.2130.

Avalon Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.104 241.018 5.623
201609 4.915 241.428 6.722
201612 4.096 241.432 5.602
201703 2.814 243.801 3.811
201706 3.809 244.955 5.135
201709 4.287 246.819 5.735
201712 3.735 246.524 5.003
201803 3.028 249.554 4.007
201806 4.375 251.989 5.733
201809 4.482 252.439 5.863
201812 4.124 251.233 5.420
201903 3.770 254.202 4.897
201906 4.732 256.143 6.100
201909 4.628 256.759 5.952
201912 4.466 256.974 5.739
202003 3.717 258.115 4.755
202006 3.372 257.797 4.319
202009 4.290 260.280 5.443
202012 3.763 260.474 4.771
202103 3.831 264.877 4.776
202106 4.172 271.696 5.071
202109 5.419 274.310 6.523
202112 4.476 278.802 5.301
202203 3.670 287.504 4.215
202206 4.978 296.311 5.548
202209 6.561 296.808 7.299
202212 5.549 296.797 6.174
202303 4.731 301.836 5.176
202306 5.341 305.109 5.780
202309 6.137 307.789 6.584
202312 4.545 306.746 4.893
202403 4.837 312.332 5.114
202406 5.914 314.175 6.216
202409 6.216 315.301 6.510
202412 4.526 315.605 4.735
202503 4.121 319.799 4.255
202506 5.194 322.561 5.317
202509 6.603 324.800 6.713
202512 5.509 324.054 5.614
202603 4.529 330.213 4.529

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.12 mean?
Avalon Holdings (AWX) has a Cyclically Adjusted PS Ratio of 0.12 as of Jul. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Avalon Holdings and its competitors. This is 20% below median its historical median of 0.15. Over the past decade, Avalon Holdings' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.70. According to the industry distribution chart, Avalon Holdings ranks #8 out of 156 companies in the Waste Management industry, placing it in the top 5.1%.
Is Avalon Holdings' Cyclically Adjusted PS Ratio too high?
Avalon Holdings' current Cyclically Adjusted PS Ratio of 0.12 is 20% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.70. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.36. Avalon Holdings' value of 0.12 is 91.2% below this industry median. Based on the distribution chart, Avalon Holdings ranks #8 out of 156 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Avalon Holdings has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Avalon Holdings' Cyclically Adjusted PS Ratio compare to AQMS and OCLN?
According to the Waste Management industry distribution chart, Avalon Holdings ranks #8 out of 156 companies for Cyclically Adjusted PS Ratio. This places Avalon Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.36. Avalon Holdings' value of 0.12 is 91.2% below this benchmark. Historically, Avalon Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.70 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.36, Avalon Holdings 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 PS Ratio for a Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.36, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avalon Holdings's current Cyclically Adjusted PS Ratio of 0.12 is 91.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Avalon Holdings and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avalon Holdings's current Cyclically Adjusted PS Ratio is 0.12, which is 20% 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 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Avalon Holdings (AWX) is currently considered Fairly Valued. The stock's GF Value™ is $2.59, compared to a current price of $2.58 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is 20% below median its 10-year median of 0.15 and 91.2% below the Waste Management industry median of 1.36. Avalon Holdings' overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Avalon Holdings (AWX), the current Cyclically Adjusted PS Ratio is 0.12 as of Jul. 25, 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 Holdings (AWX) Overvalued in 2026?

Based on GuruFocus' analysis, Avalon Holdings stock appears to be undervalued. The current stock price of $2.58 is trading 0.4% below its estimated GF Value™ of $2.59. GuruFocus considers Avalon Holdings to be Fairly Valued.

Key valuation signals for AWX:

  • Cyclically Adjusted PS Ratio: 0.12 (20% below median its 10-year median of 0.15)
  • GF Value™: $2.59 vs. price of $2.58 (0.4% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 91.2% below the Waste Management median (#8 of 156)

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


Avalon Holdings Business Description

Address One American Way, Warren, OH, USA, 44484-5555
Avalon Holdings Corp is a waste management company. The company provides waste management services to industrial, commercial, municipal, and governmental customers in selected northeastern and midwestern U.S. markets. The company has two operating segments. The Waste management services segment, which is the key revenue driver, provides hazardous and non-hazardous brokerage and management services to industrial, commercial, municipal, and governmental customers, captive landfill management for an industrial customer, and saltwater injection well operations. Its Golf and related operations segment consists of four golf courses and associated clubhouses, which provide dining and banquet facilities, a hotel which provides lodging and resort-related amenities.
67GF Score

Get the complete analysis for AWX

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

$2.58
Price
$2.59
GF Value