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Arctic Paper (CHIX:ARPS) Cyclically Adjusted PB Ratio : 1.45 (As of May. 30, 2024)


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What is Arctic Paper Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Arctic Paper's current share price is kr52.50. Arctic Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr36.28. Arctic Paper's Cyclically Adjusted PB Ratio for today is 1.45.

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

CHIX:ARPs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.74   Max: 1.99
Current: 1.55

During the past years, Arctic Paper's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.26. And the median was 0.74.

CHIX:ARPs's Cyclically Adjusted PB Ratio is ranked worse than
74.34% of 226 companies
in the Forest Products industry
Industry Median: 0.895 vs CHIX:ARPs: 1.55

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.

Arctic Paper's adjusted book value per share data for the three months ended in Mar. 2024 was kr57.474. 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 kr36.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arctic Paper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arctic Paper'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.

* Premium members only.

Arctic Paper Cyclically Adjusted PB Ratio Chart

Arctic Paper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.59 0.81 1.57 1.58

Arctic Paper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.50 1.37 1.10 1.58 1.45

Competitive Comparison of Arctic Paper's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Arctic Paper'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.


Arctic Paper's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arctic Paper 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.

Arctic Paper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.50/36.28
=1.45

* 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.

Arctic Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arctic Paper'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)
=57.474/149.0435*149.0435
=57.474

Current CPI (Mar. 2024) = 149.0435.

Arctic Paper Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.435 101.180 30.102
201409 21.639 100.611 32.056
201412 21.400 100.122 31.856
201503 21.083 100.041 31.410
201506 21.097 100.448 31.304
201509 20.885 99.634 31.242
201512 19.374 99.471 29.029
201603 19.047 98.983 28.680
201606 19.546 99.552 29.263
201609 20.446 99.064 30.761
201612 21.397 100.366 31.774
201703 20.908 101.018 30.848
201706 21.066 101.180 31.031
201709 22.421 101.343 32.974
201712 21.629 102.564 31.431
201803 22.457 102.564 32.634
201806 23.074 103.378 33.267
201809 23.878 103.378 34.426
201812 22.700 103.785 32.599
201903 22.156 104.274 31.669
201906 23.071 105.983 32.445
201909 24.315 105.983 34.194
201912 23.891 107.123 33.240
202003 23.900 109.076 32.657
202006 25.699 109.402 35.011
202009 27.769 109.320 37.859
202012 29.523 109.565 40.161
202103 30.314 112.658 40.105
202106 30.537 113.960 39.938
202109 33.157 115.588 42.754
202112 35.907 119.088 44.939
202203 42.085 125.031 50.168
202206 54.746 131.705 61.953
202209 67.215 135.531 73.916
202212 62.498 139.113 66.960
202303 62.534 145.950 63.859
202306 53.230 147.009 53.967
202309 55.229 146.113 56.337
202312 56.822 147.741 57.323
202403 57.474 149.044 57.474

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.


Arctic Paper  (CHIX:ARPs) 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.


Arctic Paper Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Arctic Paper's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Arctic Paper (CHIX:ARPS) Business Description

Traded in Other Exchanges
Address
UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470
Arctic Paper SA is a holding company in Poland. The company produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses and the advertising industry. The company operates solely in the segment of high-quality graphic papers which is split into three core segments: Uncoated paper, Pulp, coated papers, and Other. Majority of revenue is generated from Uncoated segment.

Arctic Paper (CHIX:ARPS) Headlines

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