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Orion Oyj (Orion Oyj) Cyclically Adjusted Book per Share : $6.03 (As of Mar. 2024)


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What is Orion Oyj 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.

Orion Oyj's adjusted book value per share for the three months ended in Mar. 2024 was $5.474. 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 $6.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Orion Oyj's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Oyj was 9.70% per year. The lowest was 5.90% per year. And the median was 9.20% per year.

As of today (2024-06-16), Orion Oyj's current stock price is $38.381. Orion Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.03. Orion Oyj's Cyclically Adjusted PB Ratio of today is 6.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orion Oyj was 12.12. The lowest was 6.00. And the median was 8.63.


Orion Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orion Oyj'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.

Orion Oyj Cyclically Adjusted Book per Share Chart

Orion Oyj 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 4.18 4.73 5.35 3.93 5.25

Orion Oyj 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 5.63 6.20 5.48 5.25 6.03

Competitive Comparison of Orion Oyj's Cyclically Adjusted Book per Share

For the Drug Manufacturers - General subindustry, Orion Oyj'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 Oyj's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Orion Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Orion Oyj 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 Oyj'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)
=5.474/122.3600*122.3600
=5.474

Current CPI (Mar. 2024) = 122.3600.

Orion Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.482 100.147 5.476
201409 4.722 100.726 5.736
201412 4.513 100.229 5.509
201503 3.088 100.120 3.774
201506 3.674 100.030 4.494
201509 4.025 100.130 4.919
201512 4.602 99.990 5.632
201603 3.753 100.080 4.589
201606 4.183 100.390 5.098
201609 4.705 100.540 5.726
201612 4.816 101.020 5.833
201703 3.764 100.910 4.564
201706 4.398 101.140 5.321
201709 5.040 101.320 6.087
201712 5.722 101.510 6.897
201803 4.544 101.730 5.465
201806 5.832 102.320 6.974
201809 6.111 102.600 7.288
201812 6.251 102.710 7.447
201903 4.872 102.870 5.795
201906 5.146 103.360 6.092
201909 5.582 103.540 6.597
201912 6.164 103.650 7.277
202003 6.623 103.490 7.831
202006 5.691 103.320 6.740
202009 6.381 103.710 7.528
202012 6.334 103.890 7.460
202103 5.326 104.870 6.214
202106 5.987 105.360 6.953
202109 6.220 106.290 7.160
202112 6.012 107.490 6.844
202203 5.012 110.950 5.527
202206 5.638 113.570 6.074
202209 6.852 114.920 7.296
202212 6.861 117.320 7.156
202303 5.554 119.750 5.675
202306 5.928 120.690 6.010
202309 6.390 121.280 6.447
202312 6.916 121.540 6.963
202403 5.474 122.360 5.474

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


Orion Oyj  (OTCPK:ORINF) 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 Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.381/6.03
=6.37

* 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 Oyj was 12.12. The lowest was 6.00. And the median was 8.63.


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 Oyj Cyclically Adjusted Book per Share Related Terms

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


Orion Oyj (Orion Oyj) Business Description

Industry
Address
Orionintie 1, P.O. Box 65, Espoo, FIN, FI-02200
Orion Oyj is a globally operating Finnish pharmaceutical company that develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company primarily focuses on treatments for central nervous system disorders, oncology, and respiratory diseases. Orion's customers include specialists and general practitioners, veterinarians, pharmacies, hospitals, and laboratories. Orion mainly serves Finland but also has a presence in other European countries and North America.

Orion Oyj (Orion Oyj) Headlines

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