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Arteria (WAR:ARR) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Arteria Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arteria Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arteria'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.

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Arteria Cyclically Adjusted PB Ratio Chart

Arteria Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Arteria Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Arteria's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Arteria'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.


Arteria's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Arteria 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.

Arteria's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Arteria's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=9.801/135.5311*135.5311
=9.801

Current CPI (Sep. 2022) = 135.5311.

Arteria Quarterly Data

Book Value per Share CPI Adj_Book
201212 13.938 100.285 18.837
201303 14.372 100.529 19.376
201306 14.591 100.855 19.608
201309 15.145 100.936 20.336
201312 15.910 101.018 21.346
201403 16.376 101.262 21.918
201406 16.348 101.180 21.898
201409 16.817 100.611 22.654
201412 17.741 100.122 24.015
201503 18.201 100.041 24.658
201506 18.855 100.448 25.440
201509 19.606 99.634 26.670
201512 19.466 99.471 26.523
201603 19.956 98.983 27.325
201606 20.202 99.552 27.503
201609 20.758 99.064 28.399
201612 20.988 100.366 28.341
201703 21.160 101.018 28.390
201706 20.926 101.180 28.030
201709 21.212 101.343 28.368
201712 10.972 102.564 14.499
201803 11.006 102.564 14.544
201806 10.978 103.378 14.392
201809 11.078 103.378 14.524
201812 11.383 103.785 14.865
201903 11.450 104.274 14.882
201906 11.577 105.983 14.805
201909 11.721 105.983 14.989
201912 11.796 107.123 14.924
202003 11.656 109.076 14.483
202006 11.072 109.402 13.716
202009 10.743 109.320 13.319
202012 10.215 109.565 12.636
202103 10.495 112.658 12.626
202106 11.483 113.960 13.657
202109 11.982 115.588 14.049
202112 11.304 119.088 12.865
202203 12.408 125.031 13.450
202206 10.115 131.705 10.409
202209 9.801 135.531 9.801

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.


Arteria  (WAR:ARR) 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.


Arteria Cyclically Adjusted PB Ratio Related Terms

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Arteria (WAR:ARR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Stawki 2A, Warsaw, POL, 00-193
Arteria operates in the commercial nonphysical research sector. It is engaged in the outsourcing sector. The company offers customer service and maintenance, consulting, technological and operational support, sales and distribution network, and communication and trade marketing. Its products in the area of ??outsourcing, such as databases, supplemented with process technologies, the ability to resell additional services and sales promotions, cross-selling or merchandising.