GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Arch Resources Inc (FRA:ACCA) » Definitions » Cyclically Adjusted Book per Share

Arch Resources (FRA:ACCA) Cyclically Adjusted Book per Share : €38.07 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Arch Resources 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.

Arch Resources's adjusted book value per share for the three months ended in Mar. 2024 was €74.268. 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 €38.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arch Resources's average Cyclically Adjusted Book Growth Rate was -13.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -11.70% 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 Arch Resources was 6.70% per year. The lowest was -15.40% per year. And the median was -0.30% per year.

As of today (2024-04-30), Arch Resources's current stock price is €153.00. Arch Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €38.07. Arch Resources's Cyclically Adjusted PB Ratio of today is 4.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arch Resources was 4.40. The lowest was 0.31. And the median was 0.95.


Arch Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arch Resources'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.

Arch Resources Cyclically Adjusted Book per Share Chart

Arch Resources 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 70.34 53.34 51.85 45.22 38.35

Arch Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.29 42.01 42.06 38.35 38.07

Competitive Comparison of Arch Resources's Cyclically Adjusted Book per Share

For the Coking Coal subindustry, Arch Resources'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.


Arch Resources's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Arch Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arch Resources 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, Arch Resources'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)
=74.268/129.4194*129.4194
=74.268

Current CPI (Mar. 2024) = 129.4194.

Arch Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 69.933 100.560 90.003
201409 70.715 100.428 91.129
201412 63.732 99.070 83.256
201503 67.795 99.621 88.074
201506 58.336 100.684 74.985
201509 -25.337 100.392 -32.663
201512 -53.642 99.792 -69.568
201603 -61.106 100.470 -78.713
201606 -67.995 101.688 -86.538
201609 -70.126 101.861 -89.099
201612 28.308 101.863 35.966
201703 29.959 102.862 37.694
201706 28.741 103.349 35.991
201709 25.508 104.136 31.701
201712 26.704 104.011 33.227
201803 27.021 105.290 33.214
201806 27.846 106.317 33.897
201809 31.270 106.507 37.997
201812 34.745 105.998 42.422
201903 36.527 107.251 44.077
201906 37.983 108.070 45.487
201909 42.434 108.329 50.695
201912 38.097 108.420 45.476
202003 35.485 108.902 42.171
202006 32.114 108.767 38.212
202009 20.495 109.815 24.154
202012 15.299 109.897 18.017
202103 15.458 111.754 17.901
202106 17.286 114.631 19.516
202109 23.027 115.734 25.750
202112 39.318 117.630 43.259
202203 54.224 121.301 57.853
202206 60.608 125.017 62.742
202209 66.092 125.227 68.305
202212 73.437 125.222 75.899
202303 72.981 127.348 74.168
202306 72.300 128.729 72.688
202309 71.357 129.860 71.115
202312 73.892 129.419 73.892
202403 74.268 129.419 74.268

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


Arch Resources  (FRA:ACCA) 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.

Arch Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=153.00/38.07
=4.02

* 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 Arch Resources was 4.40. The lowest was 0.31. And the median was 0.95.


Be Aware

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


Arch Resources Cyclically Adjusted Book per Share Related Terms

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


Arch Resources (FRA:ACCA) Business Description

Industry
Traded in Other Exchanges
Address
1 CityPlace Drive, Suite 300, Saint Louis, MO, USA, 63141
Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. Its operating segment includes Metallurgical (MET) and Thermal. It generates maximum revenue from the Metallurgical (MET) segment. Geographically, it derives a majority of its revenue from Asia.

Arch Resources (FRA:ACCA) Headlines

From GuruFocus

MariJ Pharmaceuticals, Inc. Receives Patent # 10561693

By PRNewswire PRNewswire 01-31-2020

Acacia Diversified Holdings, Inc. appoints new board member

By PRNewswire PRNewswire 09-19-2018

Largest USDA certified organic job completed

By PRNewswire PRNewswire 10-29-2019