ArcBest (STU:AQY) Cyclically Adjusted PB Ratio: 2.88 (As of Sep. 03, 2026) — 43% Above Median

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STU:AQY ArcBest Corp STU:AQY
86 GF Score
Price €115.00
GF Value €94.87
Valuation Modestly Overvalued
! 5 Warning Signs
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What is ArcBest Cyclically Adjusted PB Ratio?

ArcBest STU:AQY +0.88% 86 Cyclically Adjusted PB Ratio is 2.88 as of Sep. 03, 2026, which is 43% above its 10-year median of 2.01. GuruFocus rates STU:AQY with a GF Score™ of 86/100 and a GF Value™ of €94.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 698 Transportation companies, ArcBest ranks worse than 81.52% on this metric.

As of today (2026-09-03), ArcBest's current share price is €115.00. ArcBest's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €39.95. ArcBest's Cyclically Adjusted PB Ratio for today is 2.88.

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

STU:AQY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.01   Max: 4.27
Current: 2.92

During the past years, ArcBest's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 0.69. And the median was 2.01.

STU:AQY's Cyclically Adjusted PB Ratio is ranked worse than
81.52% of 698 companies
in the Transportation industry
Industry Median: 1.28 vs STU:AQY: 2.92

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.

ArcBest's adjusted book value per share data for the three months ended in Jun. 2026 was €49.236. 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 €39.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ArcBest  (STU:AQY) 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.


ArcBest Cyclically Adjusted PB Ratio Related Terms


ArcBest Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ArcBest'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.

ArcBest Cyclically Adjusted PB Ratio Chart

ArcBest 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 4.27 2.19 3.36 2.37 1.72

ArcBest 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 1.85 1.64 1.72 2.20 3.13

STU:AQY vs RXO, WERN, MRTN: Cyclically Adjusted PB Ratio Comparison

For the Trucking subindustry, ArcBest'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.


ArcBest Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


STU:AQY
86GF Score
ArcBest Corp STU:AQY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ArcBest 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.

ArcBest's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.00/39.95
=2.88

* 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.

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

For example, ArcBest'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)
=49.236/333.9520*333.9520
=49.236

Current CPI (Jun. 2026) = 333.9520.

ArcBest Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.696 241.428 28.627
201612 22.176 241.432 30.674
201703 21.586 243.801 29.568
201706 20.858 244.955 28.436
201709 20.087 246.819 27.178
201712 21.466 246.524 29.079
201803 21.047 249.554 28.165
201806 22.280 251.989 29.527
201809 23.521 252.439 31.116
201812 24.655 251.233 32.773
201903 25.036 254.202 32.890
201906 25.772 256.143 33.601
201909 27.190 256.759 35.365
201912 27.031 256.974 35.128
202003 27.198 258.115 35.189
202006 27.093 257.797 35.096
202009 26.820 260.280 34.411
202012 26.828 260.474 34.396
202103 28.189 264.877 35.540
202106 29.194 271.696 35.883
202109 31.950 274.310 38.897
202112 33.065 278.802 39.606
202203 36.461 287.504 42.351
202206 41.043 296.311 46.257
202209 46.608 296.808 52.441
202212 44.860 296.797 50.476
202303 46.685 301.836 51.652
202306 46.538 305.109 50.937
202309 48.060 307.789 52.145
202312 48.347 306.746 52.635
202403 47.954 312.332 51.273
202406 48.299 314.175 51.339
202409 50.196 315.301 53.165
202412 53.902 315.605 57.035
202503 52.008 319.799 54.310
202506 49.446 322.561 51.192
202509 49.890 324.800 51.296
202512 49.510 324.054 51.022
202603 49.962 330.213 50.528
202606 49.236 333.952 49.236

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 2.88 mean?
ArcBest (STU:AQY) has a Cyclically Adjusted PB Ratio of 2.88 as of Sep. 03, 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 ArcBest and its competitors. This is 43% above median its historical median of 2.01. Over the past decade, ArcBest's Cyclically Adjusted PB Ratio has ranged from 0.69 to 4.27. According to the industry distribution chart, ArcBest ranks #569 out of 698 companies in the Transportation industry, placing it in the top 81.5%.
Is ArcBest's Cyclically Adjusted PB Ratio too high?
ArcBest's current Cyclically Adjusted PB Ratio of 2.88 is 43% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.27. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. ArcBest's value of 2.88 is 125% above this industry median. Based on the distribution chart, ArcBest ranks #569 out of 698 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, ArcBest has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ArcBest's Cyclically Adjusted PB Ratio compare to RXO and WERN?
According to the Transportation industry distribution chart, ArcBest ranks #569 out of 698 companies for Cyclically Adjusted PB Ratio. This places ArcBest in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. ArcBest's value of 2.88 is 125% above this benchmark. Historically, ArcBest's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 4.27 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 1.28, ArcBest has consistently been above 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 1.28, based on 698 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. ArcBest's current Cyclically Adjusted PB Ratio of 2.88 is 125% above 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 ArcBest and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ArcBest's current Cyclically Adjusted PB Ratio is 2.88, which is 43% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ArcBest stock overvalued right now?
Based on GuruFocus' analysis, ArcBest (STU:AQY) is currently considered Modestly Overvalued. The stock's GF Value™ is €94.87, compared to a current price of €115.00 — trading 21.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.88, which is 43% above median its 10-year median of 2.01 and 125% above the Transportation industry median of 1.28. ArcBest's overall GF Score™ is 86/100 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 ArcBest (STU:AQY), the current Cyclically Adjusted PB Ratio is 2.88 as of Sep. 03, 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 ArcBest (STU:AQY) Overvalued in 2026?

Based on GuruFocus' analysis, ArcBest stock appears to be overvalued. The current stock price of €115.00 is trading 21.2% above its estimated GF Value™ of €94.87. GuruFocus considers ArcBest to be Modestly Overvalued.

Key valuation signals for STU:AQY:

  • Cyclically Adjusted PB Ratio: 2.88 (43% above median its 10-year median of 2.01)
  • GF Value™: €94.87 vs. price of €115.00 (21.2% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 125% above the Transportation median (#569 of 698)

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


ArcBest Business Description

Other Exchanges ARCB:USAAQY:Germany
Address 8401 McClure Drive, Fort Smith, AR, USA, 72916
ArcBest Corp is an integrated logistics company that leverages technology and a full suite of shipping and logistics solutions to meet customers' supply chain needs. The company has two reportable operating segments: Asset-Based, which generates maximum revenue, and Asset-Light. The Asset-Based segment's operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The Asset-Light segment represents the company's offerings in ground expedite, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean, and ground.
86GF Score

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

€115.00
Price
€94.87
GF Value