AREN (The Arena Group Holdings) Cyclically Adjusted PB Ratio: (As of Aug. 18, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

AREN The Arena Group Holdings Inc AREN
20 GF Score
Price $1.11
GF Value $0.84
Valuation Significantly Overvalued
! 5 Warning Signs
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What is The Arena Group Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Arena Group Holdings  (AMEX:AREN) 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.


The Arena Group Holdings Cyclically Adjusted PB Ratio Related Terms


The Arena Group Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Arena Group Holdings'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.

The Arena Group Holdings Cyclically Adjusted PB Ratio Chart

The Arena Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

The Arena Group Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

AREN vs ZDGE, MNY, SJ: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, The Arena Group Holdings'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.


The Arena Group Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Arena Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


AREN
20GF Score
The Arena Group Holdings Inc AREN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Arena Group Holdings 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.

The Arena Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Arena Group Holdings'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)
=-0.159/333.9520*333.9520
=-0.159

Current CPI (Jun. 2026) = 333.9520.

The Arena Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.483 241.428 6.201
201612 0.771 241.432 1.066
201703 3.377 243.801 4.626
201706 2.530 244.955 3.449
201709 2.989 246.819 4.044
201712 2.302 246.524 3.118
201803 4.034 249.554 5.398
201806 3.155 251.989 4.181
201809 -3.464 252.439 -4.583
201812 -6.591 251.233 -8.761
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 -21.973 256.974 -28.555
202003 -32.638 258.115 -42.227
202006 -42.517 257.797 -55.077
202009 -49.565 260.280 -63.594
202012 -2.545 260.474 -3.263
202103 -3.846 264.877 -4.849
202106 -2.712 271.696 -3.333
202109 -3.968 274.310 -4.831
202112 -4.091 278.802 -4.900
202203 -1.396 287.504 -1.622
202206 -1.905 296.311 -2.147
202209 -2.459 296.808 -2.767
202212 -2.849 296.797 -3.206
202303 -2.420 301.836 -2.677
202306 -2.916 305.109 -3.192
202309 -2.487 307.789 -2.698
202312 -2.475 306.746 -2.695
202403 -5.067 312.332 -5.418
202406 -5.316 314.175 -5.651
202409 -2.897 315.301 -3.068
202412 -2.741 315.605 -2.900
202503 -2.652 319.799 -2.769
202506 -0.364 322.561 -0.377
202509 -0.218 324.800 -0.224
202512 -0.101 324.054 -0.104
202603 -0.156 330.213 -0.158
202606 -0.159 333.952 -0.159

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.

Is The Arena Group Holdings (AREN) Overvalued in 2026?

Based on GuruFocus' analysis, The Arena Group Holdings stock appears to be overvalued. The current stock price of $1.11 is trading 32.1% above its estimated GF Value™ of $0.84. GuruFocus considers The Arena Group Holdings to be Significantly Overvalued.

Key valuation signals for AREN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.84 vs. price of $1.11 (32.1% above fair value)
  • GF Score™: 20/100 with 5 warning signs

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


The Arena Group Holdings Business Description

Address 200 Vesey Street, 24th Floor, New York, NY, USA, 10281
The Arena Group Holdings Inc is a tech-powered media company that fuses technology, iconic brands, and marketing to deliver vibrant content and experiences that reach million users each month. The company creates robust digital destinations that delight consumers with powerful journalism, news about things such as favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. The company has four reportable segments: Sports & Leisure, Finance, Lifestyle, and Platform & Other. The company generates revenue from Sports & Leisure. Geographically, the company operates in United States; and Others. It generates maximum revenue from United States.
20GF Score

Get the complete analysis for AREN

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

$1.11
Price
$0.84
GF Value