Aramex PJSC (DFM:ARMX) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 16, 2026) — 60% Below Median

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DFM:ARMX Aramex PJSC DFM:ARMX
75 GF Score
Price د.إ1.68
GF Value د.إ2.76
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Aramex PJSC Cyclically Adjusted PB Ratio?

Aramex PJSC DFM:ARMX -1.18% 75 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 16, 2026, which is 60% below its 10-year median of 2.06. GuruFocus rates DFM:ARMX with a GF Score™ of 75/100 and a GF Value™ of د.إ2.76 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 737 Transportation companies, Aramex PJSC ranks better than 69.61% on this metric.

As of today (2026-07-16), Aramex PJSC's current share price is د.إ1.68. Aramex PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was د.إ2.04. Aramex PJSC's Cyclically Adjusted PB Ratio for today is 0.82.

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

DFM:ARMX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.06   Max: 3.54
Current: 0.84

During the past years, Aramex PJSC's highest Cyclically Adjusted PB Ratio was 3.54. The lowest was 0.83. And the median was 2.06.

DFM:ARMX's Cyclically Adjusted PB Ratio is ranked better than
69.61% of 737 companies
in the Transportation industry
Industry Median: 1.24 vs DFM:ARMX: 0.84

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.

Aramex PJSC's adjusted book value per share data for the three months ended in Mar. 2026 was د.إ1.739. 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 د.إ2.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aramex PJSC  (DFM:ARMX) 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.


Aramex PJSC Cyclically Adjusted PB Ratio Related Terms


Aramex PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aramex PJSC'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.

Aramex PJSC Cyclically Adjusted PB Ratio Chart

Aramex PJSC 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 2.30 1.85 1.18 1.11 1.13

Aramex PJSC 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 1.41 1.39 1.34 1.13 0.82

DFM:ARMX vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Aramex PJSC'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.


Aramex PJSC Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Aramex PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DFM:ARMX
75GF Score
Aramex PJSC DFM:ARMX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aramex PJSC 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.

Aramex PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.68/2.04
=0.82

* 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.

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

For example, Aramex PJSC'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)
=1.739/330.2130*330.2130
=1.739

Current CPI (Mar. 2026) = 330.2130.

Aramex PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.456 241.018 1.995
201609 1.518 241.428 2.076
201612 1.547 241.432 2.116
201703 1.443 243.801 1.954
201706 1.514 244.955 2.041
201709 1.567 246.819 2.096
201712 1.708 246.524 2.288
201803 1.789 249.554 2.367
201806 1.693 251.989 2.219
201809 1.766 252.439 2.310
201812 1.646 251.233 2.163
201903 1.689 254.202 2.194
201906 1.611 256.143 2.077
201909 1.685 256.759 2.167
201912 1.788 256.974 2.298
202003 1.827 258.115 2.337
202006 1.716 257.797 2.198
202009 1.747 260.280 2.216
202012 1.838 260.474 2.330
202103 1.867 264.877 2.328
202106 1.792 271.696 2.178
202109 1.893 274.310 2.279
202112 1.820 278.802 2.156
202203 1.828 287.504 2.100
202206 1.724 296.311 1.921
202209 1.739 296.808 1.935
202212 1.714 296.797 1.907
202303 1.718 301.836 1.880
202306 1.624 305.109 1.758
202309 1.636 307.789 1.755
202312 1.681 306.746 1.810
202403 1.695 312.332 1.792
202406 1.691 314.175 1.777
202409 1.713 315.301 1.794
202412 1.722 315.605 1.802
202503 1.736 319.799 1.793
202506 1.723 322.561 1.764
202509 1.718 324.800 1.747
202512 1.747 324.054 1.780
202603 1.739 330.213 1.739

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 0.82 mean?
Aramex PJSC (DFM:ARMX) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 16, 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 Aramex PJSC and its competitors. This is 60% below median its historical median of 2.06. Over the past decade, Aramex PJSC's Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.54. According to the industry distribution chart, Aramex PJSC ranks #224 out of 737 companies in the Transportation industry, placing it in the top 30.4%.
Is Aramex PJSC's Cyclically Adjusted PB Ratio too high?
Aramex PJSC's current Cyclically Adjusted PB Ratio of 0.82 is 60% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.54. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Aramex PJSC's value of 0.82 is 33.9% below this industry median. Based on the distribution chart, Aramex PJSC ranks #224 out of 737 companies in the Transportation industry, which is above the industry midpoint. Overall, Aramex PJSC has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aramex PJSC's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Aramex PJSC ranks #224 out of 737 companies for Cyclically Adjusted PB Ratio. This puts Aramex PJSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Aramex PJSC's value of 0.82 is 33.9% below this benchmark. Historically, Aramex PJSC's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.54 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.24, Aramex PJSC 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 737 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. Aramex PJSC's current Cyclically Adjusted PB Ratio of 0.82 is 33.9% 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 Aramex PJSC and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aramex PJSC's current Cyclically Adjusted PB Ratio is 0.82, which is 60% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aramex PJSC stock overvalued right now?
Based on GuruFocus' analysis, Aramex PJSC (DFM:ARMX) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ2.76, compared to a current price of د.إ1.68 — trading 39.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 60% below median its 10-year median of 2.06 and 33.9% below the Transportation industry median of 1.24. Aramex PJSC's overall GF Score™ is 75/100 with 5 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 Aramex PJSC (DFM:ARMX), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 16, 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 Aramex PJSC (DFM:ARMX) Overvalued in 2026?

Based on GuruFocus' analysis, Aramex PJSC stock appears to be undervalued. The current stock price of د.إ1.68 is trading 39.1% below its estimated GF Value™ of د.إ2.76. GuruFocus considers Aramex PJSC to be Significantly Undervalued.

Key valuation signals for DFM:ARMX:

  • Cyclically Adjusted PB Ratio: 0.82 (60% below median its 10-year median of 2.06)
  • GF Value™: د.إ2.76 vs. price of د.إ1.68 (39.1% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 33.9% below the Transportation median (#224 of 737)

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


Aramex PJSC Business Description

Address Plot WF 07, Jebel Ali, P.O. Box: 95946, Dubai Logistics City, Dubai, ARE, 2302A
Aramex PJSC is a logistics company domiciled in the United Arab Emirates. The company organizes itself into four segments: Courier, Freight Forwarding, Logistics, and Other operations. The Courier segment, which contributes the majority of revenue, delivers small packages across the globe. Freight forwarding is the forward freight through air, land, and ocean transport. The Logistics segment offers warehousing, supply-chain management, and inventory management. The Other operations segment includes catalog shipping services, document storage, airline ticketing and travel, and visa services. The company operates globally, especially in Gulf Cooperation Council (GCC), Middle East, North Africa and Turkey, East and South Africa, Europe, North America, South Asia, North Asia and Oceania.
75GF Score

Get the complete analysis for DFM:ARMX

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

د.إ1.68
Price
د.إ2.76
GF Value