GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ARC Document Solutions Inc (NYSE:ARC) » Definitions » Cyclically Adjusted Book per Share

ARC Document Solutions (ARC Document Solutions) Cyclically Adjusted Book per Share : $3.81 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is ARC Document Solutions Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

ARC Document Solutions's adjusted book value per share for the three months ended in Dec. 2023 was $3.601. 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 $3.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ARC Document Solutions's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of ARC Document Solutions was 5.40% per year. The lowest was -2.40% per year. And the median was 0.60% per year.

As of today (2024-04-27), ARC Document Solutions's current stock price is $2.76. ARC Document Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.81. ARC Document Solutions's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ARC Document Solutions was 1.14. The lowest was 0.15. And the median was 0.70.


ARC Document Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for ARC Document Solutions's Cyclically Adjusted Book per Share 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.

ARC Document Solutions Cyclically Adjusted Book per Share Chart

ARC Document Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.25 3.37 3.62 3.81

ARC Document Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 3.62 3.69 3.75 3.80 3.81

Competitive Comparison of ARC Document Solutions's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, ARC Document Solutions'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.


ARC Document Solutions's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



ARC Document Solutions Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ARC Document Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.601/129.4194*129.4194
=3.601

Current CPI (Dec. 2023) = 129.4194.

ARC Document Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.029 99.695 2.634
201406 2.147 100.560 2.763
201409 2.239 100.428 2.885
201412 2.200 99.070 2.874
201503 2.313 99.621 3.005
201506 2.529 100.684 3.251
201509 4.228 100.392 5.451
201512 4.298 99.792 5.574
201603 4.365 100.470 5.623
201606 3.142 101.688 3.999
201609 3.214 101.861 4.084
201612 3.260 101.863 4.142
201703 3.307 102.862 4.161
201706 3.401 103.349 4.259
201709 3.110 104.136 3.865
201712 2.877 104.011 3.580
201803 2.906 105.290 3.572
201806 2.952 106.317 3.593
201809 3.012 106.507 3.660
201812 3.061 105.998 3.737
201903 3.045 107.251 3.674
201906 3.069 108.070 3.675
201909 3.113 108.329 3.719
201912 3.170 108.420 3.784
202003 3.241 108.902 3.852
202006 3.264 108.767 3.884
202009 3.342 109.815 3.939
202012 3.451 109.897 4.064
202103 3.461 111.754 4.008
202106 3.449 114.631 3.894
202109 3.514 115.734 3.930
202112 3.536 117.630 3.890
202203 3.531 121.301 3.767
202206 3.542 125.017 3.667
202209 3.568 125.227 3.687
202212 3.581 125.222 3.701
202303 3.567 127.348 3.625
202306 3.615 128.729 3.634
202309 3.649 129.860 3.637
202312 3.601 129.419 3.601

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


ARC Document Solutions  (NYSE:ARC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

ARC Document Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.76/3.81
=0.72

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ARC Document Solutions was 1.14. The lowest was 0.15. And the median was 0.70.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


ARC Document Solutions Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of ARC Document Solutions's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ARC Document Solutions (ARC Document Solutions) Business Description

Traded in Other Exchanges
Address
12657 Alcosta Boulevard, Suite 200, San Ramon, CA, USA, 94583
ARC Document Solutions Inc is a global document solutions provider. The company's service offerings include managed print services (MPS), offsite services, archive and information management ( AIM), specialized color printing, Web-based document management applications, and equipment and supplies sales. Its product application involves in several industries such as the architectural, engineering, and construction. It principally engages in providing an onsite service to install a complete document solution platform in its customers' offices and project sites operate offsite service centers and enable its customers to store information and intellectual property in a cloud-based and searchable digital archive.
Executives
Rahul K Roy officer: Chief Technology Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Kumarakulasingam Suriyakumar director, officer: Chairman, President and CEO C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Bradford L. Brooks director 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Tracey Luttrell director 12657 ALCOSTA BLVD, SAN RAMON CA 94583
Mark W Mealy director 301 S COLLEGE STREET, 4TH FL NC8905, CHARLOTTE NC 28288-8905
Cheryl Cook director 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Dennis Jeffery Grimes officer: VP. Sr. Corp. Counsel & Secty 1981 N BROADWAY STE. 385, WALNUT CREEK CA 94596
Perez De La Mesa Manuel J director
Dewitt Kerry Mccluggage director 1177 PARK VIEW, PASADENA CA 91103
Thomas J Formolo director 10 S WACKER DRIVE, SUITE 3175, CHICAGO IL 60606
John Freeland director ONE CAMPUS MARTIUS, DETROIT MI 48226
James F. Mcnulty director 7825 PROSPECT PLACE, LA JOLLA CA 92037
Dilantha Wijesuriya officer: Chief Operating Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Jorge Avalos officer: Chief Financial Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Toth John E.d. officer: Chief Financial Officer 4065 CESAR CHAVEZ STREET, SAN FRANCISCO CA 94131