Core Viewpoint - Avient (AVNT) is currently identified as a strong value stock with a Zacks Rank of 2 (Buy) and an "A" grade in the Value category, indicating it is likely undervalued in the market [4][8]. Valuation Metrics - The current P/E ratio of Avient is 11.82, significantly lower than the industry average P/E of 19.19, suggesting potential undervaluation [4]. - Avient's PEG ratio stands at 1.15, compared to the industry's average PEG of 2.93, indicating a favorable growth outlook relative to its valuation [5]. - The P/B ratio for Avient is 1.4, which is attractive when compared to the industry average P/B of 1.58, further supporting the notion of undervaluation [6]. - Avient's P/CF ratio is 11.07, lower than the industry's average P/CF of 14.85, highlighting its strong cash flow position [7]. Summary of Financial Performance - Over the past year, Avient's P/E has fluctuated between a high of 18.10 and a low of 9.82, with a median of 13.35 [4]. - The PEG ratio has ranged from a high of 1.23 to a low of 0.80, with a median of 1.07 [5]. - The P/B ratio has seen a high of 2.04 and a low of 1.14, with a median of 1.54 [6]. - The P/CF ratio has varied between a high of 15.80 and a low of 9.43, with a median of 11.33 [7].