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Ark Restaurants (Ark Restaurants) Cyclically Adjusted PB Ratio : 0.93 (As of Apr. 28, 2024)


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What is Ark Restaurants Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Ark Restaurants's current share price is $13.63. Ark Restaurants's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.62. Ark Restaurants's Cyclically Adjusted PB Ratio for today is 0.93.

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

ARKR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.88   Max: 2.46
Current: 0.93

During the past years, Ark Restaurants's highest Cyclically Adjusted PB Ratio was 2.46. The lowest was 0.71. And the median was 1.88.

ARKR's Cyclically Adjusted PB Ratio is ranked better than
75% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs ARKR: 0.93

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.

Ark Restaurants's adjusted book value per share data for the three months ended in Dec. 2023 was $14.359. 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 $14.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ark Restaurants Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ark Restaurants'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.

* Premium members only.

Ark Restaurants Cyclically Adjusted PB Ratio Chart

Ark Restaurants Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 0.93 1.27 1.35 1.04

Ark Restaurants Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.19 1.24 1.28 1.04 0.96

Competitive Comparison of Ark Restaurants's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Ark Restaurants'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.


Ark Restaurants's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ark Restaurants's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ark Restaurants 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.

Ark Restaurants's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.63/14.62
=0.93

* 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.

Ark Restaurants's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ark Restaurants's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.359/129.4194*129.4194
=14.359

Current CPI (Dec. 2023) = 129.4194.

Ark Restaurants Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.757 99.695 12.666
201406 10.302 100.560 13.259
201409 10.823 100.428 13.947
201412 10.823 99.070 14.139
201503 10.453 99.621 13.580
201506 11.204 100.684 14.402
201509 11.427 100.392 14.731
201512 11.302 99.792 14.657
201603 10.893 100.470 14.032
201606 11.651 101.688 14.828
201609 11.725 101.861 14.897
201612 11.865 101.863 15.075
201703 11.503 102.862 14.473
201706 11.657 103.349 14.598
201709 11.798 104.136 14.663
201712 12.041 104.011 14.982
201803 11.609 105.290 14.270
201806 12.174 106.317 14.819
201809 12.189 106.507 14.811
201812 11.928 105.998 14.564
201903 11.488 107.251 13.863
201906 12.367 108.070 14.810
201909 11.965 108.329 14.294
201912 12.150 108.420 14.503
202003 11.409 108.902 13.559
202006 10.704 108.767 12.736
202009 10.430 109.815 12.292
202012 10.230 109.897 12.047
202103 11.462 111.754 13.274
202106 12.250 114.631 13.830
202109 14.197 115.734 15.876
202112 14.839 117.630 16.326
202203 15.156 121.301 16.170
202206 16.506 125.017 17.087
202209 16.611 125.227 17.167
202212 16.987 125.222 17.556
202303 16.282 127.348 16.547
202306 16.995 128.729 17.086
202309 13.953 129.860 13.906
202312 14.359 129.419 14.359

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.


Ark Restaurants  (NAS:ARKR) 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.


Ark Restaurants Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ark Restaurants's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ark Restaurants (Ark Restaurants) Business Description

Traded in Other Exchanges
N/A
Address
85 5th Avenue, 14th Floor, New York, NY, USA, 10003
Ark Restaurants Corp owns and operates around 17 restaurants and bars, 16 fast food concepts, and catering operations in the USA. The Las Vegas operations include New York Hotel & Casino Resort, hotel room service operations, banquet facilities, employee dining room, food court concepts, and a restaurant within the Planet Hollywood Resort and Casino. It operates a restaurant and a bar in the Resorts Atlantic City Hotel and Casino and a restaurant in the Tropicana Hotel and Casino. The Florida operations include The Rustic Inn in Dania Beach, Shuckers in Jensen Beach, JB's on the Beach in Deerfield Beach, The Blue Moon Fish Company in Fort Lauderdale, and fast food facilities in Tampa and Hollywood. In Alabama, it operates Original Oyster Houses in Gulf Shores and Spanish Fort.
Executives
Satterfield Thomas A Jr 10 percent owner 2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
Michael S Weinstein director, 10 percent owner, officer: Chairman & CEO C/O ARK RESTAURANTS CORP, 85 FIFTH AVENUE, NEW YORK NY 10003
Anthony Sirica director, officer: Chief Financial Officer 85 FIFTH AVENUE, NEW YORK NY 10003
Paul Gordon director, officer: Senior Vice President C/O ARK LAS VEGAS RESTAURANTS CORP, 3790 LAS VEGAS BLVD S SUITE 11, LAS VEGAS NV 89109
Vincent Pascal director, officer: Senior Vice President C/O ARK RESTAURANTS CORP, 85 FIFTH AVE, NEW YORK NY 10003
Steven Shulman director C/O PARAGON TECHNOLOGIES INC, 600 KUEBLER ROAD, EASTON PA 18040
Robert J Stewart director, officer: President and CFO C/O ARK RESTAURANTS CORP, 85 FIFTH AVE, NEW YORK NY 10003
Arthur Stainman director 320 EAST 72ND STREET, NEW YORK NY 10021
Bruce R Lewin director G&G RETAIL INC, 520 EIGHTH AVENUE, NEW YORK NY 10018
Robert Towers director, officer: Executive Vice President C/O ARK RESTAURANTS CORP, 85 FIFTH AVE, NEW YORK NY 10003
Marcia Allen director P.O. BOX 399, 2600 W. HOMESTEAD CIRCLE, WILSON WY 83014
Prides Capital Partners, Llc 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
Robert Thomas Zankel director 808 BROADWAY, PHB, NEW YORK NY 10003
Stephen A Novick director ANDREA & CHARLES BRONFMAN PHILANTROPIES, 110 EAST 59TH STREET, 26TH FLOOR, NEW YORK NY 10022
Charles E Mccarthy 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110

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