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Arrow Resources Development (Arrow Resources Development) Cyclically Adjusted PB Ratio : (As of Jun. 17, 2024)


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What is Arrow Resources Development Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Resources Development Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arrow Resources Development'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.

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Arrow Resources Development Cyclically Adjusted PB Ratio Chart

Arrow Resources Development Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Arrow Resources Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Arrow Resources Development's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Arrow Resources Development'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.


Arrow Resources Development's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Arrow Resources Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arrow Resources Development 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.

Arrow Resources Development's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, Arrow Resources Development's adjusted Book Value per Share data for the three months ended in Sep. 2013 was:

Adj_Book=Book Value per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=-0.063/98.7900*98.7900
=-0.063

Current CPI (Sep. 2013) = 98.7900.

Arrow Resources Development Quarterly Data

Book Value per Share CPI Adj_Book
200312 0.705 77.758 0.896
200403 0.600 79.066 0.750
200406 0.625 80.037 0.771
200409 0.578 80.121 0.713
200412 0.518 80.290 0.637
200503 0.503 81.555 0.609
200506 0.496 82.062 0.597
200509 0.346 83.876 0.408
200512 0.188 83.032 0.224
200603 0.186 84.298 0.218
200606 0.185 85.606 0.213
200609 0.183 85.606 0.211
200612 0.184 85.142 0.213
200703 0.183 86.640 0.209
200706 0.182 87.906 0.205
200709 0.180 87.964 0.202
200712 -0.014 88.616 -0.016
200803 -0.017 90.090 -0.019
200806 -0.018 92.320 -0.019
200809 -0.020 92.307 -0.021
200812 -0.022 88.697 -0.025
200903 -0.023 89.744 -0.025
200906 -0.025 91.003 -0.027
200909 -0.026 91.120 -0.028
200912 -0.027 91.111 -0.029
201003 -0.030 91.821 -0.032
201006 -0.032 91.962 -0.034
201009 -0.035 92.162 -0.038
201012 -0.036 92.474 -0.038
201103 -0.038 94.283 -0.040
201106 -0.039 95.235 -0.040
201109 -0.042 95.727 -0.043
201112 -0.044 95.213 -0.046
201203 -0.045 96.783 -0.046
201206 -0.048 96.819 -0.049
201209 -0.051 97.633 -0.052
201212 -0.054 96.871 -0.055
201303 -0.056 98.209 -0.056
201306 -0.059 98.518 -0.059
201309 -0.063 98.790 -0.063

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.


Arrow Resources Development  (OTCPK:ARWD) 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.


Arrow Resources Development Cyclically Adjusted PB Ratio Related Terms

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Arrow Resources Development (Arrow Resources Development) Business Description

Traded in Other Exchanges
N/A
Address
1204 Avenue U, Suite 1303, Brooklyn, NY, USA, 11229
Arrow Resources Development Inc provides marketing, sales, distribution, corporate operations and corporate finance services for the commercial exploitation of natural resources. The company serves as the corporate finance and management infrastructure developer for large scale plantation/farming operations and ethanol plants in Indonesia.
Executives
Mcconnaughy John E Jr director JEMC CORP, 1011 HIGH RIDGE ROAD, STAMFORD CT 06905
John W Allen director CARNEGIE HALL TOWER 152 W. 57TH STREET, 27TH FLOOR NEW YORK NY 10019
Larry M Reid director, officer: Exec. Vice President 8000 NORTH FEDERAL HIGHWAY, SUITE #100, BOCA RATON FL 33487

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