ARC Resources (STU:8RC) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

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

STU:8RC ARC Resources Ltd STU:8RC
73 GF Score
Price €20.67
GF Value €20.30
Valuation Fairly Valued
! 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  (STU:8RC) 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 1.04 1.61 1.71 2.24 2.16

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 2.43 2.14 2.16 2.38 0.00

STU:8RC vs COP, EOG, FANG: 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.


STU:8RC
73GF Score
ARC Resources Ltd STU:8RC
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)
=9.662/134.0005*134.0005
=9.662

Current CPI (Jun. 2026) = 134.0005.

ARC Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.457 101.765 8.502
201612 7.010 101.449 9.259
201703 7.070 102.634 9.231
201706 6.913 103.029 8.991
201709 7.049 103.345 9.140
201712 6.869 103.345 8.907
201803 6.514 105.004 8.313
201806 6.594 105.557 8.371
201809 6.638 105.636 8.420
201812 6.804 105.399 8.650
201903 6.683 106.979 8.371
201906 6.805 107.690 8.468
201909 6.795 107.611 8.461
201912 6.652 107.769 8.271
202003 5.210 107.927 6.469
202006 5.148 108.401 6.364
202009 4.885 108.164 6.052
202012 5.068 108.559 6.256
202103 5.576 110.298 6.774
202106 5.354 111.720 6.422
202109 5.205 112.905 6.178
202112 5.909 113.774 6.959
202203 5.920 117.646 6.743
202206 6.603 120.806 7.324
202209 7.387 120.648 8.205
202212 7.446 120.964 8.248
202303 7.812 122.702 8.531
202306 8.135 124.203 8.777
202309 8.183 125.230 8.756
202312 8.506 125.072 9.113
202403 8.541 126.258 9.065
202406 8.665 127.522 9.105
202409 8.688 127.285 9.146
202412 9.036 127.364 9.507
202503 8.919 129.181 9.252
202506 9.034 129.892 9.320
202509 8.777 130.287 9.027
202512 8.966 130.366 9.216
202603 9.600 132.262 9.726
202606 9.662 134.001 9.662

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 (STU:8RC) Overvalued in 2026?

Based on GuruFocus' analysis, ARC Resources stock appears to be overvalued. The current stock price of €20.67 is trading 1.8% above its estimated GF Value™ of €20.30. GuruFocus considers ARC Resources to be Fairly Valued.

Key valuation signals for STU:8RC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €20.30 vs. price of €20.67 (1.8% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the STU:8RC 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.
73GF Score

Get the complete analysis for STU:8RC

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

€20.67
Price
€20.30
GF Value