As of today (2024-12-13), ArcBest's share price is $108.57. ArcBest's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $38.82. Hence, ArcBest's Price to Tangible Book Ratio of today is 2.80.
The historical rank and industry rank for ArcBest's Price-to-Tangible-Book or its related term are showing as below:
ARCB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72 Med: 1.96 Max: 5.94
Current: 2.8
During the past 13 years, ArcBest's highest Price to Tangible Book Ratio was 5.94. The lowest was 0.72. And the median was 1.96.
ARCB's Price-to-Tangible-Book is ranked worse than 75.09% of 879
companies
in the Transportation industry
Industry Median: 1.44
vs ARCB: 2.80
A closely related ratio is called PB Ratio. As of today, ArcBest's share price is $108.57. ArcBest's Book Value per Sharefor the quarter that ended in Sep. 2024 was $55.71. Hence, ArcBest's P/B Ratio of today is 1.95.
ArcBest Price-to-Tangible-Book Historical Data
The historical data trend for ArcBest's Price-to-Tangible-Book 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.
Competitive Comparison of ArcBest's Price-to-Tangible-Book
For the Trucking subindustry, ArcBest's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, ArcBest's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ArcBest's Price-to-Tangible-Book falls into.
ArcBest Price-to-Tangible-Book Calculation
ArcBest's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
ArcBest Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ArcBest's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ArcBest Corp is engaged in logistics operations. The company operates in two operating segments, The Asset-Based segment includes the results of operations of ABF Freight System, Inc. and certain other subsidiaries. The segment operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed LTL services. The services including freight transportation related to managed transportation solutions and other services. The Asset-Light segment includes the results of operations of the Company's service offerings in truckload, ground expedite, dedicated, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean, and ground.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ARCB has been successfully added to your 