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Arq (STU:OXQ1) Cyclically Adjusted Book per Share : €4.26 (As of Mar. 2024)


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What is Arq Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Arq's adjusted book value per share for the three months ended in Mar. 2024 was €4.814. 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 €4.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arq's average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 34.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 34.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Arq was 36.60% per year. The lowest was -13.70% per year. And the median was 19.20% per year.

As of today (2024-05-24), Arq's current stock price is €6.25. Arq's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.26. Arq's Cyclically Adjusted PB Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arq was 20.71. The lowest was 0.34. And the median was 7.43.


Arq Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arq's Cyclically Adjusted Book per Share 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.

Arq Cyclically Adjusted Book per Share Chart

Arq Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.48 2.40 3.26 3.79

Arq Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 3.59 3.50 4.09 3.79 4.26

Competitive Comparison of Arq's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Arq'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.


Arq's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Arq Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.814/131.7762*131.7762
=4.814

Current CPI (Mar. 2024) = 131.7762.

Arq Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -0.026 99.070 -0.035
201503 -0.259 99.621 -0.343
201506 -0.597 100.684 -0.781
201509 -0.926 100.392 -1.215
201512 -1.051 99.792 -1.388
201603 -0.824 100.470 -1.081
201606 -0.425 101.688 -0.551
201609 -0.012 101.861 -0.016
201612 3.278 101.863 4.241
201703 3.613 102.862 4.629
201706 3.111 103.349 3.967
201709 2.968 104.136 3.756
201712 2.991 104.011 3.789
201803 3.018 105.290 3.777
201806 3.435 106.317 4.258
201809 3.425 106.507 4.238
201812 3.215 105.998 3.997
201903 5.010 107.251 6.156
201906 5.140 108.070 6.268
201909 5.240 108.329 6.374
201912 5.308 108.420 6.451
202003 4.980 108.902 6.026
202006 3.799 108.767 4.603
202009 3.861 109.815 4.633
202012 3.781 109.897 4.534
202103 4.415 111.754 5.206
202106 5.124 114.631 5.890
202109 6.354 115.734 7.235
202112 6.919 117.630 7.751
202203 6.860 121.301 7.452
202206 7.167 125.017 7.555
202209 7.537 125.227 7.931
202212 6.893 125.222 7.254
202303 5.528 127.348 5.720
202306 4.953 128.729 5.070
202309 4.922 129.860 4.995
202312 4.932 129.419 5.022
202403 4.814 131.776 4.814

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Arq  (STU:OXQ1) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Arq's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.25/4.26
=1.47

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arq was 20.71. The lowest was 0.34. And the median was 7.43.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Arq Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Arq's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Arq (STU:OXQ1) Business Description

Industry
Traded in Other Exchanges
Address
8051 E. Maplewood Avenue, Suite 210, Greenwood Village, CO, USA, 80111
Advanced Emissions Solutions Inc provides solutions to customers in coal-fired power generation, municipal water, and other industries through proprietary emissions control and water purification technologies.

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