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Arctic Paper (CHIX:ARPS) Cyclically Adjusted PB Ratio : 1.45 (As of May. 28, 2024)


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What is Arctic Paper Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Arctic Paper's current share price is kr52.50. Arctic Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr36.28. Arctic Paper's Cyclically Adjusted PB Ratio for today is 1.45.

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

CHIX:ARPs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.74   Max: 1.99
Current: 1.55

During the past years, Arctic Paper's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.26. And the median was 0.74.

CHIX:ARPs's Cyclically Adjusted PB Ratio is ranked worse than
75.11% of 221 companies
in the Forest Products industry
Industry Median: 0.89 vs CHIX:ARPs: 1.55

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.

Arctic Paper's adjusted book value per share data for the three months ended in Mar. 2024 was kr58.360. 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 kr36.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arctic Paper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arctic Paper'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.

Arctic Paper Cyclically Adjusted PB Ratio Chart

Arctic Paper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.59 0.81 1.57 1.58

Arctic Paper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.50 1.37 1.10 1.58 1.45

Competitive Comparison of Arctic Paper's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Arctic Paper'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.


Arctic Paper's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arctic Paper 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.

Arctic Paper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.50/36.28
=1.45

* 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.

Arctic Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arctic Paper's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=58.36/149.0435*149.0435
=58.360

Current CPI (Mar. 2024) = 149.0435.

Arctic Paper Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.750 101.180 30.566
201409 21.973 100.611 32.551
201412 21.730 100.122 32.348
201503 21.408 100.041 31.894
201506 21.422 100.448 31.786
201509 21.207 99.634 31.724
201512 19.673 99.471 29.477
201603 19.341 98.983 29.123
201606 19.848 99.552 29.715
201609 20.761 99.064 31.235
201612 21.726 100.366 32.263
201703 21.230 101.018 31.323
201706 21.391 101.180 31.510
201709 22.767 101.343 33.483
201712 21.962 102.564 31.915
201803 22.804 102.564 33.138
201806 23.429 103.378 33.778
201809 24.246 103.378 34.956
201812 23.050 103.785 33.102
201903 22.497 104.274 32.156
201906 23.426 105.983 32.944
201909 24.690 105.983 34.721
201912 24.260 107.123 33.754
202003 24.269 109.076 33.162
202006 26.095 109.402 35.551
202009 28.197 109.320 38.443
202012 29.978 109.565 40.780
202103 30.781 112.658 40.723
202106 31.007 113.960 40.553
202109 33.668 115.588 43.413
202112 36.460 119.088 45.631
202203 42.734 125.031 50.941
202206 55.590 131.705 62.908
202209 68.251 135.531 75.056
202212 63.461 139.113 67.991
202303 63.498 145.950 64.844
202306 54.051 147.009 54.799
202309 56.081 146.113 57.206
202312 57.697 147.741 58.206
202403 58.360 149.044 58.360

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.


Arctic Paper  (CHIX:ARPs) 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.


Arctic Paper Cyclically Adjusted PB Ratio Related Terms

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


Arctic Paper (CHIX:ARPS) Business Description

Traded in Other Exchanges
Address
UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470
Arctic Paper SA is a holding company in Poland. The company produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses and the advertising industry. The company operates solely in the segment of high-quality graphic papers which is split into three core segments: Uncoated paper, Pulp, coated papers, and Other. Majority of revenue is generated from Uncoated segment.

Arctic Paper (CHIX:ARPS) Headlines

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