Arrow Electronics (STU:ARW) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

STU:ARW Arrow Electronics Inc STU:ARW
84 GF Score
Price €189.00
GF Value €141.45
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Arrow Electronics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Electronics  (STU:ARW) 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.


Arrow Electronics Cyclically Adjusted PB Ratio Related Terms


Arrow Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arrow Electronics'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.

Arrow Electronics Cyclically Adjusted PB Ratio Chart

Arrow Electronics 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 1.61 1.62 1.41 1.13

Arrow Electronics 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 1.39 1.28 1.17 1.40 2.16

STU:ARW vs AVT, NSIT, NLST: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Arrow Electronics'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.


Arrow Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Arrow Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:ARW
84GF Score
Arrow Electronics Inc STU:ARW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arrow Electronics 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.

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

For example, Arrow Electronics'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)
=121.464/333.9520*333.9520
=121.464

Current CPI (Jun. 2026) = 333.9520.

Arrow Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 44.503 241.428 61.558
201612 47.618 241.432 65.866
201703 47.922 243.801 65.642
201706 47.195 244.955 64.342
201709 47.364 246.819 64.085
201712 47.464 246.524 64.297
201803 47.781 249.554 63.940
201806 50.647 251.989 67.121
201809 52.365 252.439 69.274
201812 55.207 251.233 73.384
201903 57.524 254.202 75.571
201906 50.936 256.143 66.409
201909 53.223 256.759 69.224
201912 53.775 256.974 69.884
202003 53.866 258.115 69.692
202006 54.486 257.797 70.582
202009 54.478 260.280 69.898
202012 56.227 260.474 72.088
202103 59.957 264.877 75.593
202106 61.070 271.696 75.063
202109 64.511 274.310 78.537
202112 68.999 278.802 82.648
202203 73.442 287.504 85.307
202206 79.928 296.311 90.081
202209 87.163 296.808 98.071
202212 88.740 296.797 99.849
202303 90.434 301.836 100.056
202306 93.113 305.109 101.915
202309 96.857 307.789 105.090
202312 98.874 306.746 107.643
202403 100.357 312.332 107.304
202406 102.461 314.175 108.911
202409 102.847 315.301 108.931
202412 107.943 315.605 114.218
202503 107.046 319.799 111.783
202506 106.015 322.561 109.759
202509 106.990 324.800 110.005
202512 111.017 324.054 114.408
202603 115.797 330.213 117.108
202606 121.464 333.952 121.464

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 Arrow Electronics (STU:ARW) Overvalued in 2026?

Based on GuruFocus' analysis, Arrow Electronics stock appears to be overvalued. The current stock price of €189.00 is trading 33.6% above its estimated GF Value™ of €141.45. GuruFocus considers Arrow Electronics to be Significantly Overvalued.

Key valuation signals for STU:ARW:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €141.45 vs. price of €189.00 (33.6% above fair value)
  • GF Score™: 84/100 with 7 warning signs

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


Arrow Electronics Business Description

Other Exchanges ARW:USA0HI1:UKA2RW34:Brazil
Address 9151 East Panorama Circle, Centennial, CO, USA, 80112
Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the global components business and the global enterprise computing solutions.
84GF Score

Get the complete analysis for STU:ARW

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

€189.00
Price
€141.45
GF Value