ARXCY (ARC Resources) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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

ARXCY ARC Resources Ltd ARXCY
56 GF Score
Price $26.96
GF Value $22.28
Valuation Modestly Overvalued
! 8 Warning Signs
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What is ARC Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ARC Resources  (OTCPK:ARXCY) 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.


ARC Resources Cyclically Adjusted PB Ratio Related Terms


ARC Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ARC Resources'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.

ARC Resources Cyclically Adjusted PB Ratio Chart

ARC Resources 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 - - - - 2.17

ARC Resources 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 - - 2.22 2.27 2.26

ARXCY vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, ARC 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.


ARC Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


ARXCY
56GF Score
ARC Resources Ltd ARXCY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ARC Resources 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.

ARC Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ARC Resources'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)
=11.021/133.5265*133.5265
=11.021

Current CPI (Jun. 2026) = 133.5265.

ARC Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.228 101.765 9.484
201612 7.355 101.449 9.681
201703 7.591 102.634 9.876
201706 7.952 103.029 10.306
201709 8.250 103.345 10.659
201712 8.284 103.345 10.703
201803 8.058 105.004 10.247
201806 7.687 105.557 9.724
201809 7.810 105.636 9.872
201812 7.615 105.399 9.647
201903 7.558 106.979 9.434
201906 7.819 107.690 9.695
201909 7.484 107.611 9.286
201912 7.506 107.769 9.300
202003 5.647 107.927 6.986
202006 5.769 108.401 7.106
202009 5.699 108.164 7.035
202012 6.199 108.559 7.625
202103 6.638 110.298 8.036
202106 6.365 111.720 7.607
202109 6.125 112.905 7.244
202112 6.766 113.774 7.941
202203 6.608 117.646 7.500
202206 6.928 120.806 7.658
202209 7.101 120.648 7.859
202212 7.909 120.964 8.730
202303 8.456 122.702 9.202
202306 8.849 124.203 9.513
202309 8.740 125.230 9.319
202312 9.438 125.072 10.076
202403 9.286 126.258 9.821
202406 9.342 127.522 9.782
202409 9.669 127.285 10.143
202412 9.373 127.364 9.827
202503 9.618 129.181 9.942
202506 10.438 129.892 10.730
202509 10.242 130.287 10.497
202512 10.565 130.366 10.821
202603 10.911 132.262 11.015
202606 11.021 133.527 11.021

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 ARC Resources (ARXCY) Overvalued in 2026?

Based on GuruFocus' analysis, ARC Resources stock appears to be overvalued. The current stock price of $26.96 is trading 21% above its estimated GF Value™ of $22.28. GuruFocus considers ARC Resources to be Modestly Overvalued.

Key valuation signals for ARXCY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $22.28 vs. price of $26.96 (21% above fair value)
  • GF Score™: 56/100 with 8 warning signs

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


ARC Resources Business Description

Industry EnergyOil & Gas
Address 308 - 4th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0H7
Arc Resources is a natural gas and condensate-focused producer in the Western Canada Sedimentary Basin. Its most valuable product by revenue, condensate, is a necessary feedstock for the oil industry. Natural gas is the largest product by volume, and the firm actively markets it through pipeline and liquefied natural gas agreements, seeking to limit in-basin pricing. It also operates its own processing assets. In 2024, production was 348 thousand barrels of oil equivalent per day.
56GF Score

Get the complete analysis for ARXCY

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

$26.96
Price
$22.28
GF Value