ArcBest Corp

NASDAQ ARCB

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ArcBest Corp Price to Book Ratio (P/B) on June 03, 2024: 1.97

ArcBest Corp Price to Book Ratio (P/B) is 1.97 on June 03, 2024, a 16.35% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • ArcBest Corp 52-week high Price to Book Ratio (P/B) is 2.89 on April 09, 2024, which is 46.36% above the current Price to Book Ratio (P/B).
  • ArcBest Corp 52-week low Price to Book Ratio (P/B) is 0.00 on February 05, 2024, which is -99.87% below the current Price to Book Ratio (P/B).
  • ArcBest Corp average Price to Book Ratio (P/B) for the last 52 weeks is 2.23.
NASDAQ: ARCB

ArcBest Corp

CEO Ms. Judy R. McReynolds
IPO Date May 13, 1992
Location United States
Headquarters 8401 McClure Drive, Fort Smith, AR, United States, 72916
Employees 15,000
Sector Industrials
Industry Trucking
Description

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to "do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas.

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StockViz Staff

September 20, 2024

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