Arcbest Corp Stock Book Value Per Share

ARCB Stock  USD 137.17  0.98  0.72%   
ArcBest Corp fundamentals help investors to digest information that contributes to ArcBest Corp's financial success or failures. It also enables traders to predict the movement of ArcBest Stock. The fundamental analysis module provides a way to measure ArcBest Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ArcBest Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ArcBest Book Value Per Share Analysis

ArcBest Corp's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
 2021 2022 2023 2024 (projected)
Cost Of Revenue3.3B4.7B4.4B4.6B
EBITDA410.3M540.9M172.6M181.2M

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current ArcBest Corp Book Value Per Share

    
  52.72 X  
Most of ArcBest Corp's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ArcBest Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ArcBest Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for ArcBest Corp is extremely important. It helps to project a fair market value of ArcBest Stock properly, considering its historical fundamentals such as Book Value Per Share. Since ArcBest Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ArcBest Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ArcBest Corp's interrelated accounts and indicators.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

ArcBest Common Stock Shares Outstanding

Common Stock Shares Outstanding

26.44 Million

At present, ArcBest Corp's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of ArcBest Corp is about 52 times. This is 99.89% lower than that of the Ground Transportation sector and notably higher than that of the Industrials industry. The book value per share for all United States stocks is 97.27% higher than that of the company.

ArcBest Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ArcBest Corp's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ArcBest Corp could also be used in its relative valuation, which is a method of valuing ArcBest Corp by comparing valuation metrics of similar companies.
ArcBest Corp is currently under evaluation in book value per share category among related companies.

ArcBest Fundamentals

About ArcBest Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ArcBest Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ArcBest Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ArcBest Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
ArcBest Corporation provides freight transportation and integrated logistics services. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. Arcbest Corp operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people.

Pair Trading with ArcBest Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ArcBest Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ArcBest Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with ArcBest Stock

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The ability to find closely correlated positions to ArcBest Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcBest Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ArcBest Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ArcBest Corp to buy it.
The correlation of ArcBest Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ArcBest Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcBest Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ArcBest Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:
Check out ArcBest Corp Piotroski F Score and ArcBest Corp Altman Z Score analysis.
For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.
Note that the ArcBest Corp information on this page should be used as a complementary analysis to other ArcBest Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running ArcBest Corp's price analysis, check to measure ArcBest Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.
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Is ArcBest Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcBest Corp. If investors know ArcBest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcBest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.354
Dividend Share
0.48
Earnings Share
5.77
Revenue Per Share
184.332
Quarterly Revenue Growth
(0.06)
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.