Arq (ARQ) Cyclically Adjusted PS Ratio: 0.51 (As of Aug. 03, 2026) — 79% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ARQ Arq Inc ARQ
58 GF Score
Price $1.97
GF Value $4.53
Valuation Possible Value Trap
! 5 Warning Signs
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What is Arq Cyclically Adjusted PS Ratio?

Arq ARQ -4.83% 58 Cyclically Adjusted PS Ratio is 0.51 as of Aug. 03, 2026, which is 79% below its 10-year median of 2.41. GuruFocus rates ARQ with a GF Score™ of 58/100 and a GF Value™ of $4.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,298 Industrial Products companies, Arq ranks better than 81.33% on this metric.

As of today (2026-08-03), Arq's current share price is $1.97. Arq's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.90. Arq's Cyclically Adjusted PS Ratio for today is 0.51.

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

ARQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 2.41   Max: 7.59
Current: 0.5

During the past years, Arq's highest Cyclically Adjusted PS Ratio was 7.59. The lowest was 0.46. And the median was 2.41.

ARQ's Cyclically Adjusted PS Ratio is ranked better than
81.33% of 2298 companies
in the Industrial Products industry
Industry Median: 1.69 vs ARQ: 0.50

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Arq's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.696. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $3.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arq  (NAS:ARQ) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Arq Cyclically Adjusted PS Ratio Related Terms


Arq Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arq's Cyclically Adjusted PS 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.

Arq Cyclically Adjusted PS Ratio Chart

Arq Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 0.75 0.83 1.94 0.84

Arq Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.07 1.38 1.83 0.84 0.66

ARQ vs FTEK, SCWO, BCHT: Cyclically Adjusted PS Ratio Comparison

For the Pollution & Treatment Controls subindustry, Arq's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Arq Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Arq's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Arq's Cyclically Adjusted PS Ratio falls into.


ARQ
58GF Score
Arq Inc ARQ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arq Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Arq's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.97/3.90
=0.51

* 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.

Arq's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Arq's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.696/330.2130*330.2130
=0.696

Current CPI (Mar. 2026) = 330.2130.

Arq Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.403 241.018 0.552
201609 0.711 241.428 0.972
201612 0.162 241.432 0.222
201703 0.411 243.801 0.557
201706 1.249 244.955 1.684
201709 0.244 246.819 0.326
201712 0.182 246.524 0.244
201803 0.189 249.554 0.250
201806 0.212 251.989 0.278
201809 0.259 252.439 0.339
201812 0.546 251.233 0.718
201903 1.049 254.202 1.363
201906 0.848 256.143 1.093
201909 1.043 256.759 1.341
201912 0.877 256.974 1.127
202003 0.684 258.115 0.875
202006 0.637 257.797 0.816
202009 1.076 260.280 1.365
202012 1.332 260.474 1.689
202103 1.237 264.877 1.542
202106 1.145 271.696 1.392
202109 1.669 274.310 2.009
202112 1.385 278.802 1.640
202203 1.439 287.504 1.653
202206 1.339 296.311 1.492
202209 1.538 296.808 1.711
202212 1.265 296.797 1.407
202303 0.875 301.836 0.957
202306 0.747 305.109 0.808
202309 0.938 307.789 1.006
202312 0.859 306.746 0.925
202403 0.587 312.332 0.621
202406 0.739 314.175 0.777
202409 0.929 315.301 0.973
202412 0.645 315.605 0.675
202503 0.641 319.799 0.662
202506 0.689 322.561 0.705
202509 0.843 324.800 0.857
202512 0.707 324.054 0.720
202603 0.696 330.213 0.696

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.51 mean?
Arq (ARQ) has a Cyclically Adjusted PS Ratio of 0.51 as of Aug. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Arq and its competitors. This is 79% below median its historical median of 2.41. Over the past decade, Arq's Cyclically Adjusted PS Ratio has ranged from 0.46 to 7.59. According to the industry distribution chart, Arq ranks #429 out of 2298 companies in the Industrial Products industry, placing it in the top 18.7%.
Is Arq's Cyclically Adjusted PS Ratio too high?
Arq's current Cyclically Adjusted PS Ratio of 0.51 is 79% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 7.59. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.69. Arq's value of 0.51 is 69.8% below this industry median. Based on the distribution chart, Arq ranks #429 out of 2298 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Arq has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arq's Cyclically Adjusted PS Ratio compare to FTEK and SCWO?
According to the Industrial Products industry distribution chart, Arq ranks #429 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Arq in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.69. Arq's value of 0.51 is 69.8% below this benchmark. Historically, Arq's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 7.59 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.69, Arq 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 PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.69, based on 2,298 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arq's current Cyclically Adjusted PS Ratio of 0.51 is 69.8% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Arq and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arq's current Cyclically Adjusted PS Ratio is 0.51, which is 79% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arq stock overvalued right now?
Based on GuruFocus' analysis, Arq (ARQ) is currently considered Possible Value Trap. The stock's GF Value™ is $4.53, compared to a current price of $1.97 — trading 56.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.51, which is 79% below median its 10-year median of 2.41 and 69.8% below the Industrial Products industry median of 1.69. Arq's overall GF Score™ is 58/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Arq (ARQ), the current Cyclically Adjusted PS Ratio is 0.51 as of Aug. 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 Arq (ARQ) Overvalued in 2026?

Based on GuruFocus' analysis, Arq stock appears to be undervalued. The current stock price of $1.97 is trading 56.5% below its estimated GF Value™ of $4.53. GuruFocus considers Arq to be Possible Value Trap.

Key valuation signals for ARQ:

  • Cyclically Adjusted PS Ratio: 0.51 (79% below median its 10-year median of 2.41)
  • GF Value™: $4.53 vs. price of $1.97 (56.5% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 69.8% below the Industrial Products median (#429 of 2298)

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


Arq Business Description

Other Exchanges OXQ1:Germany
Address 8051 East Maplewood Avenue, Suite 210, Greenwood Village, CO, USA, 80111
Arq Inc is an environmental technology company principally engaged in the sale of consumable air, water, and soil treatment solutions, including activated carbon (AC) and chemical technologies. The company manufactures and sells activated carbon and other chemicals used to capture and remove contaminants for the coal-fired power generation, industrial, municipal water and air, water and soil treatment, and remediation markets. Some of the products in its portfolio are Powdered Activated Carbon, Granular Activated Carbon, and Colloidal Carbon Product, among others.
58GF Score

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

$1.97
Price
$4.53
GF Value