Orion Energy Systems (FRA:5A40) Cyclically Adjusted Book per Share: €10.64 (As of Jun. 2026)

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FRA:5A40 Orion Energy Systems Inc FRA:5A40
61 GF Score
Price €23.20
GF Value €7.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Orion Energy Systems Cyclically Adjusted Book per Share?

Orion Energy Systems FRA:5A40 +9.43% 61 Cyclically Adjusted Book per Share is €10.64 as of Jun. 2026. GuruFocus rates FRA:5A40 with a GF Score™ of 61/100 and a GF Value™ of €7.66 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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.

Orion Energy Systems's adjusted book value per share for the three months ended in Jun. 2026 was €3.996. 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 €10.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Orion Energy Systems's average Cyclically Adjusted Book Growth Rate was -12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -10.10% 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 Orion Energy Systems was -2.60% per year. The lowest was -15.50% per year. And the median was -8.80% per year.

As of today (2026-08-30), Orion Energy Systems's current stock price is €23.20. Orion Energy Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.64. Orion Energy Systems's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orion Energy Systems was 4.50. The lowest was 0.17. And the median was 0.71.


Orion Energy Systems  (FRA:5A40) 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.

Orion Energy Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.20/10.64
=2.18

* 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 Orion Energy Systems was 4.50. The lowest was 0.17. And the median was 0.71.


Be Aware

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


Orion Energy Systems Cyclically Adjusted Book per Share Related Terms


Orion Energy Systems Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Orion Energy Systems'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.

Orion Energy Systems Cyclically Adjusted Book per Share Chart

Orion Energy Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.89 18.93 15.95 13.72 10.80

Orion Energy Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.57 7.62 10.59 10.80 10.64

FRA:5A40 vs CBAT, PPSI, STI: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Orion Energy Systems'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.


Orion Energy Systems Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:5A40
61GF Score
Orion Energy Systems Inc FRA:5A40
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orion Energy Systems 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, Orion Energy Systems's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.996/333.9520*333.9520
=3.996

Current CPI (Jun. 2026) = 333.9520.

Orion Energy Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.605 241.428 18.819
201612 14.195 241.432 19.635
201703 11.704 243.801 16.032
201706 9.051 244.955 12.339
201709 7.501 246.819 10.149
201712 7.199 246.524 9.752
201803 6.562 249.554 8.781
201806 6.219 251.989 8.242
201809 5.550 252.439 7.342
201812 5.549 251.233 7.376
201903 5.373 254.202 7.059
201906 6.483 256.143 8.452
201909 8.690 256.759 11.303
201912 9.348 256.974 12.148
202003 9.279 258.115 12.005
202006 8.425 257.797 10.914
202009 8.637 260.280 11.082
202012 9.563 260.474 12.261
202103 15.833 264.877 19.962
202106 16.291 271.696 20.024
202109 17.715 274.310 21.567
202112 18.797 278.802 22.515
202203 19.007 287.504 22.078
202206 18.942 296.311 21.348
202209 19.638 296.808 22.096
202212 11.154 296.797 12.550
202303 9.615 301.836 10.638
202306 7.611 305.109 8.330
202309 6.527 307.789 7.082
202312 5.820 306.746 6.336
202403 6.368 312.332 6.809
202406 5.414 314.175 5.755
202409 4.327 315.301 4.583
202412 4.197 315.605 4.441
202503 3.333 319.799 3.481
202506 2.793 322.561 2.892
202509 2.746 324.800 2.823
202512 2.847 324.054 2.934
202603 3.545 330.213 3.585
202606 3.996 333.952 3.996

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

What does a Cyclically Adjusted Book per Share of €10.64 mean?
Orion Energy Systems (FRA:5A40) has a Cyclically Adjusted Book per Share of €10.64 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Orion Energy Systems and its competitors.
Is Orion Energy Systems' Cyclically Adjusted Book per Share too high?
Orion Energy Systems' current Cyclically Adjusted Book per Share is €10.64. Overall, Orion Energy Systems has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orion Energy Systems' Cyclically Adjusted Book per Share compare to CBAT and PPSI?
Orion Energy Systems' Cyclically Adjusted Book per Share of €10.64 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Orion Energy Systems and its competitors. Orion Energy Systems's current Cyclically Adjusted Book per Share is €10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Orion Energy Systems (FRA:5A40) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.66, compared to a current price of €23.20 — trading 202.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is €10.64. Orion Energy Systems' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Orion Energy Systems (FRA:5A40), the current Cyclically Adjusted Book per Share is €10.64 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Orion Energy Systems (FRA:5A40) Overvalued in 2026?

Based on GuruFocus' analysis, Orion Energy Systems stock appears to be overvalued. The current stock price of €23.20 is trading 202.9% above its estimated GF Value™ of €7.66. GuruFocus considers Orion Energy Systems to be Significantly Overvalued.

Key valuation signals for FRA:5A40:

  • Cyclically Adjusted Book per Share: €10.64
  • GF Value™: €7.66 vs. price of €23.20 (202.9% above fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the FRA:5A40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orion Energy Systems Business Description

Other Exchanges OESX:USA
Address 2210 Woodland Drive, Manitowoc, WI, USA, 54220
Orion Energy Systems Inc provide light emitting diode (LED) lighting systems, wireless Internet of Things (IoT) enabled control solutions, commercial and industrial electric vehicle charging infrastructure solutions and lighting and electrical maintenance services. It help its customers achieve their sustainability, energy savings and carbon footprint reduction goals through technology and exceptional service. It sell its products and services into many vertical markets within the broader commercial and industrial market segment. Primary verticals include box retail, manufacturing, warehousing/logistics, federal and municipal government, healthcare and schools. It has three segments Lighting, Maintenance, and EV segment. It generates majority of revenue from Lighting segment.
61GF Score

Get the complete analysis for FRA:5A40

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.20
Price
€7.66
GF Value