ORINY (Orion Oyj) Cyclically Adjusted Book per Share: $3.40 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ORINY Orion Oyj ORINY
93 GF Score
Price $43.02
GF Value $39.65
Valuation Fairly Valued
! 4 Warning Signs
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What is Orion Oyj Cyclically Adjusted Book per Share?

Orion Oyj ORINY 93 Cyclically Adjusted Book per Share is $3.40 as of Jun. 2026. GuruFocus rates ORINY with a GF Score™ of 93/100 and a GF Value™ of $39.65 (Fairly Valued). The stock has 4 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 Oyj's adjusted book value per share for the three months ended in Jun. 2026 was $5.189. 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 $3.40 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Orion Oyj's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Oyj was 9.70% per year. The lowest was 4.80% per year. And the median was 7.30% per year.

As of today (2026-07-28), Orion Oyj's current stock price is $43.016. Orion Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.40. Orion Oyj's Cyclically Adjusted PB Ratio of today is 12.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orion Oyj was 12.52. The lowest was 6.00. And the median was 8.89.


Orion Oyj  (OTCPK:ORINY) 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
=43.016/3.40
=12.65

* 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 12.52. The lowest was 6.00. And the median was 8.89.


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


Orion Oyj Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Orion Oyj Cyclically Adjusted Book per Share Chart

Orion Oyj 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 2.53 2.74 2.83 2.88 3.46

Orion Oyj 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 3.38 3.37 3.46 3.35 3.40

ORINY vs LLY, JNJ, ABBV: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


ORINY
93GF Score
Orion Oyj ORINY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.189/125.3800*125.3800
=5.189

Current CPI (Jun. 2026) = 125.3800.

Orion Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.353 100.540 2.934
201612 2.408 101.020 2.989
201703 1.882 100.910 2.338
201706 2.199 101.140 2.726
201709 2.520 101.320 3.118
201712 2.861 101.510 3.534
201803 2.272 101.730 2.800
201806 2.916 102.320 3.573
201809 3.055 102.600 3.733
201812 3.126 102.710 3.816
201903 2.436 102.870 2.969
201906 2.573 103.360 3.121
201909 2.791 103.540 3.380
201912 3.082 103.650 3.728
202003 3.311 103.490 4.011
202006 2.845 103.320 3.452
202009 3.191 103.710 3.858
202012 3.167 103.890 3.822
202103 2.663 104.870 3.184
202106 2.994 105.360 3.563
202109 3.110 106.290 3.669
202112 3.006 107.490 3.506
202203 2.506 110.950 2.832
202206 2.819 113.570 3.112
202209 3.426 114.920 3.738
202212 3.431 117.320 3.667
202303 2.777 119.750 2.908
202306 2.964 120.690 3.079
202309 3.195 121.280 3.303
202312 3.458 121.540 3.567
202403 2.737 122.360 2.805
202406 2.919 122.230 2.994
202409 3.651 122.260 3.744
202412 3.745 122.390 3.836
202503 4.099 123.010 4.178
202506 3.769 122.530 3.857
202509 4.251 122.880 4.337
202512 5.345 122.670 5.463
202603 4.606 124.670 4.632
202606 5.189 125.380 5.189

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 $3.40 mean?
Orion Oyj (ORINY) has a Cyclically Adjusted Book per Share of $3.40 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 Oyj and its competitors.
Is Orion Oyj's Cyclically Adjusted Book per Share too high?
Orion Oyj's current Cyclically Adjusted Book per Share is $3.40. Overall, Orion Oyj has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Oyj's Cyclically Adjusted Book per Share compare to LLY and JNJ?
Orion Oyj's Cyclically Adjusted Book per Share of $3.40 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted Book per Share depends on the Drug Manufacturers 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 Oyj and its competitors. Orion Oyj's current Cyclically Adjusted Book per Share is $3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Oyj stock overvalued right now?
Based on GuruFocus' analysis, Orion Oyj (ORINY) is currently considered Fairly Valued. The stock's GF Value™ is $39.65, compared to a current price of $43.02 — trading 8.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is $3.40. Orion Oyj's overall GF Score™ is 93/100 with 4 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 Oyj (ORINY), the current Cyclically Adjusted Book per Share is $3.40 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 Oyj (ORINY) Overvalued in 2026?

Based on GuruFocus' analysis, Orion Oyj stock appears to be overvalued. The current stock price of $43.02 is trading 8.5% above its estimated GF Value™ of $39.65. GuruFocus considers Orion Oyj to be Fairly Valued.

Key valuation signals for ORINY:

  • Cyclically Adjusted Book per Share: $3.40
  • GF Value™: $39.65 vs. price of $43.02 (8.5% above fair value)
  • GF Score™: 93/100 with 4 warning signs

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


Orion Oyj Business Description

Address Orionintie 1, 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 predominantly 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. The company mainly serves Finland but also has a presence in other European countries, North America and other countries.
93GF Score

Get the complete analysis for ORINY

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

$43.02
Price
$39.65
GF Value