ARHT Media (XTER:VE3P) Cyclically Adjusted PB Ratio: 4.24 (As of Aug. 07, 2026)

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XTER:VE3P ARHT Media Inc XTER:VE3P
28 GF Score
Price €0.38
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What is ARHT Media Cyclically Adjusted PB Ratio?

ARHT Media XTER:VE3P 28 Cyclically Adjusted PB Ratio is 4.24 as of Aug. 07, 2026. GuruFocus rates XTER:VE3P with a GF Score™ of 28/100.

As of today (2026-08-07), ARHT Media's current share price is €0.382. ARHT Media's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.09. ARHT Media's Cyclically Adjusted PB Ratio for today is 4.24.

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

XTER:VE3P's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.245
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

ARHT Media's adjusted book value per share data for the three months ended in Jun. 2024 was €-0.017. 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 €0.09 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ARHT Media  (XTER:VE3P) 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.


ARHT Media Cyclically Adjusted PB Ratio Related Terms


ARHT Media Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ARHT Media'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.

ARHT Media Cyclically Adjusted PB Ratio Chart

ARHT Media Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.04 0.25 1.60

ARHT Media Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 1.60 1.87 4.69

XTER:VE3P vs CRM, NOW, INTU: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, ARHT Media'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.


ARHT Media Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, ARHT Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTER:VE3P
28GF Score
ARHT Media Inc XTER:VE3P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ARHT Media 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.

ARHT Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.382/0.09
=4.24

* 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.

ARHT Media's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, ARHT Media's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.017/127.5217*127.5217
=-0.017

Current CPI (Jun. 2024) = 127.5217.

ARHT Media Quarterly Data

Book Value per Share CPI Adj_Book
201407 0.141 99.315 0.181
201410 0.308 99.473 0.395
201501 -0.053 98.209 -0.069
201504 0.122 99.710 0.156
201507 -0.012 100.579 -0.015
201510 0.008 100.500 0.010
201601 0.006 100.184 0.008
201604 0.239 101.370 0.301
201607 0.146 101.844 0.183
201610 0.031 102.002 0.039
201701 -0.078 102.318 -0.097
201704 -0.039 103.029 -0.048
201707 -0.098 103.029 -0.121
201710 -0.189 103.424 -0.233
201801 -0.206 104.056 -0.252
201804 0.018 105.320 0.022
201807 -0.009 106.110 -0.011
201810 -0.034 105.952 -0.041
201903 -0.009 106.979 -0.011
201906 -0.021 107.690 -0.025
201909 -0.008 107.611 -0.009
201912 -0.005 107.769 -0.006
202003 -0.013 107.927 -0.015
202006 -0.017 108.401 -0.020
202009 -0.007 108.164 -0.008
202012 -0.011 108.559 -0.013
202103 0.028 110.298 0.032
202106 0.024 111.720 0.027
202109 0.018 112.905 0.020
202112 0.017 113.774 0.019
202203 0.046 117.646 0.050
202206 0.042 120.806 0.044
202209 0.041 120.648 0.043
202212 0.028 120.964 0.030
202303 0.018 122.702 0.019
202306 0.012 124.203 0.012
202309 0.002 125.230 0.002
202312 -0.009 125.072 -0.009
202403 -0.013 126.258 -0.013
202406 -0.017 127.522 -0.017

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 4.24 mean?
ARHT Media (XTER:VE3P) has a Cyclically Adjusted PB Ratio of 4.24 as of Aug. 07, 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 ARHT Media and its competitors.
Is ARHT Media's Cyclically Adjusted PB Ratio too high?
ARHT Media's current Cyclically Adjusted PB Ratio is 4.24. The Software industry median Cyclically Adjusted PB Ratio is 2.25. ARHT Media's value of 4.24 is 88.9% above this industry median. Overall, ARHT Media has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does ARHT Media's Cyclically Adjusted PB Ratio compare to CRM and NOW?
ARHT Media's Cyclically Adjusted PB Ratio of 4.24 can be compared against companies in the Software industry. The industry median Cyclically Adjusted PB Ratio is 2.25. ARHT Media's value of 4.24 is 88.9% above this benchmark. 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.25, based on 1,564 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. ARHT Media's current Cyclically Adjusted PB Ratio of 4.24 is 88.9% 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 ARHT Media and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARHT Media's current Cyclically Adjusted PB Ratio is 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARHT Media stock overvalued right now?
ARHT Media (XTER:VE3P) has a current Cyclically Adjusted PB Ratio of 4.24. The current Cyclically Adjusted PB Ratio is 4.24 and 88.9% above the Software industry median of 2.25. ARHT Media's overall GF Score™ is 28/100. 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 ARHT Media (XTER:VE3P), the current Cyclically Adjusted PB Ratio is 4.24 as of Aug. 07, 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.

ARHT Media Business Description

Address 195 Bentworth Avenue, Unit 2, Toronto, ON, CAN, M6A 1P9
ARHT Media Inc engages in the creation, transmission, and delivery of digital human hologram. The company offers HumaGrams which are interactive human holograms generated using Augmented Reality Holographic Technology (ARHT), which allows its customers to interact and conduct real-time e-commerce with consumers, as well as to provide analytics back to retailers through the platform. This platform supports various markets, such as seminars, conferences, trade shows, corporate meetings, education, and live events, and digital signages. The company's geographical segments include Canada; the United States; Europe and the Middle East; and Asia.
28GF 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.

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