ARCB (ArcBest) Cyclically Adjusted Book per Share: $45.87 (As of Jun. 2026)

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.

ARCB ArcBest Corp ARCB
85 GF Score
Price $134.45
GF Value $109.94
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is ArcBest Cyclically Adjusted Book per Share?

ArcBest ARCB -4.18% 85 Cyclically Adjusted Book per Share is $45.87 as of Jun. 2026. GuruFocus rates ARCB with a GF Score™ of 85/100 and a GF Value™ of $109.94 (Modestly Overvalued). The stock has 5 warning signs investors should review.

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.

ArcBest's adjusted book value per share for the three months ended in Jun. 2026 was $56.723. 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 $45.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, ArcBest's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 ArcBest was 12.70% per year. The lowest was -0.10% per year. And the median was 6.10% per year.

As of today (2026-08-25), ArcBest's current stock price is $134.45. ArcBest's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $45.87. ArcBest's Cyclically Adjusted PB Ratio of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ArcBest was 4.27. The lowest was 0.69. And the median was 2.00.


ArcBest  (NAS:ARCB) 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.

ArcBest's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.45/45.87
=2.93

* 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 ArcBest was 4.27. The lowest was 0.69. And the median was 2.00.


Be Aware

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


ArcBest Cyclically Adjusted Book per Share Related Terms


ArcBest Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ArcBest'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.

ArcBest Cyclically Adjusted Book per Share Chart

ArcBest Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.09 32.05 35.76 39.46 43.24

ArcBest Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 41.68 42.67 43.24 44.73 45.87

ARCB vs RXO, WERN, MRTN: Cyclically Adjusted Book per Share Comparison

For the Trucking subindustry, ArcBest'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.


ArcBest Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


ARCB
85GF Score
ArcBest Corp ARCB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ArcBest 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, ArcBest's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=56.723/333.9520*333.9520
=56.723

Current CPI (Jun. 2026) = 333.9520.

ArcBest Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.227 241.428 32.128
201612 23.392 241.432 32.356
201703 23.087 243.801 31.624
201706 23.436 244.955 31.951
201709 23.942 246.819 32.394
201712 25.404 246.524 34.413
201803 25.952 249.554 34.729
201806 26.028 251.989 34.494
201809 27.446 252.439 36.308
201812 28.049 251.233 37.284
201903 28.290 254.202 37.165
201906 29.121 256.143 37.967
201909 29.945 256.759 38.948
201912 30.034 256.974 39.031
202003 30.053 258.115 38.883
202006 30.511 257.797 39.524
202009 31.590 260.280 40.532
202012 32.637 260.474 41.844
202103 33.558 264.877 42.309
202106 35.174 271.696 43.234
202109 37.588 274.310 45.761
202112 37.361 278.802 44.751
202203 40.156 287.504 46.643
202206 43.386 296.311 48.897
202209 46.146 296.808 51.921
202212 47.522 296.797 53.471
202303 49.984 301.836 55.302
202306 50.421 305.109 55.187
202309 51.291 307.789 55.651
202312 52.723 306.746 57.399
202403 52.124 312.332 55.732
202406 51.990 314.175 55.263
202409 55.711 315.301 59.006
202412 56.442 315.605 59.723
202503 56.225 319.799 58.713
202506 57.031 322.561 59.045
202509 58.557 324.800 60.207
202512 57.974 324.054 59.745
202603 57.759 330.213 58.413
202606 56.723 333.952 56.723

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

What does a Cyclically Adjusted Book per Share of $45.87 mean?
ArcBest (ARCB) has a Cyclically Adjusted Book per Share of $45.87 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on ArcBest and its competitors.
Is ArcBest's Cyclically Adjusted Book per Share too high?
ArcBest's current Cyclically Adjusted Book per Share is $45.87. Overall, ArcBest has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ArcBest's Cyclically Adjusted Book per Share compare to RXO and WERN?
ArcBest's Cyclically Adjusted Book per Share of $45.87 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on ArcBest and its competitors. ArcBest's current Cyclically Adjusted Book per Share is $45.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ArcBest stock overvalued right now?
Based on GuruFocus' analysis, ArcBest (ARCB) is currently considered Modestly Overvalued. The stock's GF Value™ is $109.94, compared to a current price of $134.45 — trading 22.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $45.87. ArcBest's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For ArcBest (ARCB), the current Cyclically Adjusted Book per Share is $45.87 as of Jun. 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 ArcBest (ARCB) Overvalued in 2026?

Based on GuruFocus' analysis, ArcBest stock appears to be overvalued. The current stock price of $134.45 is trading 22.3% above its estimated GF Value™ of $109.94. GuruFocus considers ArcBest to be Modestly Overvalued.

Key valuation signals for ARCB:

  • Cyclically Adjusted Book per Share: $45.87
  • GF Value™: $109.94 vs. price of $134.45 (22.3% above fair value)
  • GF Score™: 85/100 with 5 warning signs

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


ArcBest Business Description

Other Exchanges AQY:Germany
Address 8401 McClure Drive, Fort Smith, AR, USA, 72916
ArcBest Corp is an integrated logistics company that leverages technology and a full suite of shipping and logistics solutions to meet customers' supply chain needs. The company has two reportable operating segments: Asset-Based, which generates maximum revenue, and Asset-Light. The Asset-Based segment's operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The Asset-Light segment represents the company's offerings in ground expedite, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean, and ground.
85GF Score

Get the complete analysis for ARCB

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

$134.45
Price
$109.94
GF Value