Orion (OEC) Cyclically Adjusted Book per Share: $5.33 (As of Mar. 2026)


OEC Orion SA OEC
61 GF Score
Price $5.34
GF Value $16.39
Valuation Possible Value Trap
! 5 Warning Signs
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What is Orion Cyclically Adjusted Book per Share?

Orion OEC -3.26% 61 Cyclically Adjusted Book per Share is $5.33 as of Mar. 2026. GuruFocus rates OEC with a GF Score™ of 61/100 and a GF Value™ of $16.39 (Possible Value Trap). The stock has 5 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's adjusted book value per share for the three months ended in Mar. 2026 was $6.730. 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 $5.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Orion's average Cyclically Adjusted Book Growth Rate was 16.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.20% 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 was 24.20% per year. The lowest was 24.20% per year. And the median was 24.20% per year.

As of today (2026-07-09), Orion's current stock price is $5.34. Orion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.33. Orion's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orion was 10.03. The lowest was 0.94. And the median was 4.46.


Orion  (NYSE:OEC) 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's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.34/5.33
=1.00

* 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 was 10.03. The lowest was 0.94. And the median was 4.46.


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 Cyclically Adjusted Book per Share Related Terms


Orion Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Orion'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 Cyclically Adjusted Book per Share Chart

Orion Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.66 3.41 4.37 5.10

Orion Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.58 4.79 4.97 5.10 5.33

OEC vs ALTO, MATV, GEVO: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Orion'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 Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orion's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OEC
61GF Score
Orion SA OEC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orion 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's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.73/330.2130*330.2130
=6.730

Current CPI (Mar. 2026) = 330.2130.

Orion Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.005 241.018 1.377
201609 0.848 241.428 1.160
201612 0.938 241.432 1.283
201703 1.264 243.801 1.712
201706 1.222 244.955 1.647
201709 1.264 246.819 1.691
201712 1.607 246.524 2.153
201803 1.747 249.554 2.312
201806 2.202 251.989 2.886
201809 2.476 252.439 3.239
201812 2.670 251.233 3.509
201903 2.836 254.202 3.684
201906 2.779 256.143 3.583
201909 2.927 256.759 3.764
201912 3.089 256.974 3.969
202003 2.758 258.115 3.528
202006 2.493 257.797 3.193
202009 2.598 260.280 3.296
202012 2.992 260.474 3.793
202103 3.348 264.877 4.174
202106 4.986 271.696 6.060
202109 5.158 274.310 6.209
202112 5.271 278.802 6.243
202203 6.222 287.504 7.146
202206 6.505 296.311 7.249
202209 7.082 296.808 7.879
202212 7.584 296.797 8.438
202303 7.759 301.836 8.488
202306 7.916 305.109 8.567
202309 8.296 307.789 8.900
202312 8.264 306.746 8.896
202403 8.441 312.332 8.924
202406 8.635 314.175 9.076
202409 8.252 315.301 8.642
202412 8.296 315.605 8.680
202503 8.256 319.799 8.525
202506 8.324 322.561 8.521
202509 7.156 324.800 7.275
202512 6.849 324.054 6.979
202603 6.730 330.213 6.730

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 $5.33 mean?
Orion (OEC) has a Cyclically Adjusted Book per Share of $5.33 as of Mar. 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 and its competitors.
Is Orion's Cyclically Adjusted Book per Share too high?
Orion's current Cyclically Adjusted Book per Share is $5.33. Overall, Orion has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Orion's Cyclically Adjusted Book per Share compare to ALTO and MATV?
Orion's Cyclically Adjusted Book per Share of $5.33 can be compared against companies in the Chemicals 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 a Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 and its competitors. Orion's current Cyclically Adjusted Book per Share is $5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion stock overvalued right now?
Based on GuruFocus' analysis, Orion (OEC) is currently considered Possible Value Trap. The stock's GF Value™ is $16.39, compared to a current price of $5.34 — trading 67.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is $5.33. Orion's overall GF Score™ is 61/100 with 5 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 (OEC), the current Cyclically Adjusted Book per Share is $5.33 as of Mar. 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 (OEC) Overvalued in 2026?

Based on GuruFocus' analysis, Orion stock appears to be undervalued. The current stock price of $5.34 is trading 67.4% below its estimated GF Value™ of $16.39. GuruFocus considers Orion to be Possible Value Trap.

Key valuation signals for OEC:

  • Cyclically Adjusted Book per Share: $5.33
  • GF Value™: $16.39 vs. price of $5.34 (67.4% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Orion Business Description

Other Exchanges 0OE:Germany
Address 1700 City Plaza Drive, Suite 300, Spring, TX, USA, 77389
Orion SA is a manufacturer of carbon black products. Carbon black is a powdered form of carbon used to create the desired physical, electrical, and optical qualities of various materials. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. The Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.
61GF Score

Get the complete analysis for OEC

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

$5.34
Price
$16.39
GF Value