ARHVF (Archer) Cyclically Adjusted PB Ratio: 0.34 (As of Jul. 29, 2026) — 325% Above Median

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ARHVF Archer Ltd ARHVF
57 GF Score
Price $2.50
GF Value $1.51
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Archer Cyclically Adjusted PB Ratio?

Archer ARHVF 57 Cyclically Adjusted PB Ratio is 0.34 as of Jul. 29, 2026, which is 325% above its 10-year median of 0.08. GuruFocus rates ARHVF with a GF Score™ of 57/100 and a GF Value™ of $1.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 765 Oil & Gas companies, Archer ranks better than 82.09% on this metric.

As of today (2026-07-29), Archer's current share price is $2.50. Archer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.35. Archer's Cyclically Adjusted PB Ratio for today is 0.34.

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

ARHVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.4
Current: 0.34

During the past years, Archer's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.02. And the median was 0.08.

ARHVF's Cyclically Adjusted PB Ratio is ranked better than
82.09% of 765 companies
in the Oil & Gas industry
Industry Median: 1.2 vs ARHVF: 0.34

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.

Archer's adjusted book value per share data for the three months ended in Mar. 2026 was $1.806. 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 $7.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Archer  (OTCPK:ARHVF) 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.


Archer Cyclically Adjusted PB Ratio Related Terms


Archer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Archer'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.

Archer Cyclically Adjusted PB Ratio Chart

Archer 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 0.06 0.09 0.09 0.17 0.29

Archer Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.18 0.22 0.25 0.29 0.37

ARHVF vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Archer'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.


Archer Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Archer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ARHVF
57GF Score
Archer Ltd ARHVF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Archer 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.

Archer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.50/7.35
=0.34

* 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.

Archer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Archer's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.806/141.0300*141.0300
=1.806

Current CPI (Mar. 2026) = 141.0300.

Archer Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.903 103.800 24.324
201609 13.267 104.200 17.956
201612 4.731 104.400 6.391
201703 0.000 105.000 0.000
201706 14.854 105.800 19.800
201709 0.000 105.900 0.000
201712 13.056 106.100 17.354
201803 13.431 107.300 17.653
201806 12.559 108.500 16.324
201809 13.139 109.500 16.922
201812 9.579 109.800 12.304
201903 9.592 110.400 12.253
201906 9.969 110.600 12.712
201909 6.293 111.100 7.988
201912 7.026 111.300 8.903
202003 0.000 111.200 0.000
202006 6.546 112.100 8.235
202009 6.182 112.900 7.722
202012 7.071 112.900 8.833
202103 7.408 114.600 9.116
202106 7.561 115.300 9.248
202109 6.639 117.500 7.968
202112 5.709 118.900 6.772
202203 6.664 119.800 7.845
202206 4.277 122.600 4.920
202209 3.412 125.600 3.831
202212 5.257 125.900 5.889
202303 3.363 127.600 3.717
202306 2.826 130.400 3.056
202309 2.763 129.800 3.002
202312 3.017 131.900 3.226
202403 2.701 132.600 2.873
202406 2.791 133.800 2.942
202409 2.937 133.700 3.098
202412 2.334 134.800 2.442
202503 2.138 136.100 2.215
202506 2.128 137.800 2.178
202509 2.187 138.500 2.227
202512 1.798 139.100 1.823
202603 1.806 141.030 1.806

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.

What does a Cyclically Adjusted PB Ratio of 0.34 mean?
Archer (ARHVF) has a Cyclically Adjusted PB Ratio of 0.34 as of Jul. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Archer and its competitors. This is 325% above median its historical median of 0.08. Over the past decade, Archer's Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.40. According to the industry distribution chart, Archer ranks #137 out of 765 companies in the Oil & Gas industry, placing it in the top 17.9%.
Is Archer's Cyclically Adjusted PB Ratio too high?
Archer's current Cyclically Adjusted PB Ratio of 0.34 is 325% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.40. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Archer's value of 0.34 is 71.7% below this industry median. Based on the distribution chart, Archer ranks #137 out of 765 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Archer has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Archer's Cyclically Adjusted PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Archer ranks #137 out of 765 companies for Cyclically Adjusted PB Ratio. This places Archer in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Archer's value of 0.34 is 71.7% below this benchmark. Historically, Archer's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.40 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.20, Archer has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 765 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Archer's current Cyclically Adjusted PB Ratio of 0.34 is 71.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Archer and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Archer's current Cyclically Adjusted PB Ratio is 0.34, which is 325% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Archer stock overvalued right now?
Based on GuruFocus' analysis, Archer (ARHVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.51, compared to a current price of $2.50 — trading 65.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.34, which is 325% above median its 10-year median of 0.08 and 71.7% below the Oil & Gas industry median of 1.20. Archer's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Archer (ARHVF), the current Cyclically Adjusted PB Ratio is 0.34 as of Jul. 29, 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 Archer (ARHVF) Overvalued in 2026?

Based on GuruFocus' analysis, Archer stock appears to be overvalued. The current stock price of $2.50 is trading 65.6% above its estimated GF Value™ of $1.51. GuruFocus considers Archer to be Significantly Overvalued.

Key valuation signals for ARHVF:

  • Cyclically Adjusted PB Ratio: 0.34 (325% above median its 10-year median of 0.08)
  • GF Value™: $1.51 vs. price of $2.50 (65.6% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 71.7% below the Oil & Gas median (#137 of 765)

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


Archer Business Description

Industry EnergyOil & Gas
Address Sandnesveien 358, Sandnes, NOR, 4312
Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging, and integrity management tools. The reporting segments of the company are Platform Operations, Well Services, Renewables, and Land Drilling. The majority of revenue is derived from the Platform Operations segment. The Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.
57GF Score

Get the complete analysis for ARHVF

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

$2.50
Price
$1.51
GF Value