Orascom Construction (ADX:ORAS) Cyclically Adjusted PB Ratio: 2.96 (As of Sep. 04, 2026) — 64% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

ADX:ORAS Orascom Construction PLC ADX:ORAS
53 GF Score
Price د.إ63.00
! 8 Warning Signs
View Full Analysis

What is Orascom Construction Cyclically Adjusted PB Ratio?

Orascom Construction ADX:ORAS -0.93% 53 Cyclically Adjusted PB Ratio is 2.96 as of Sep. 04, 2026, which is 64% above its 10-year median of 1.80. GuruFocus rates ADX:ORAS with a GF Score™ of 53/100. The stock has 8 warning signs investors should review. Among 1,237 Construction companies, Orascom Construction ranks worse than 77.36% on this metric.

As of today (2026-09-04), Orascom Construction's current share price is د.إ63.00. Orascom Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was د.إ21.26. Orascom Construction's Cyclically Adjusted PB Ratio for today is 2.96.

The historical rank and industry rank for Orascom Construction's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADX:ORAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.8   Max: 2.73
Current: 2.73

During the past years, Orascom Construction's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 1.45. And the median was 1.80.

ADX:ORAS's Cyclically Adjusted PB Ratio is ranked worse than
77.36% of 1237 companies
in the Construction industry
Industry Median: 1.17 vs ADX:ORAS: 2.73

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.

Orascom Construction's adjusted book value per share data for the three months ended in Mar. 2026 was د.إ29.892. 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 د.إ21.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orascom Construction  (ADX:ORAS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Orascom Construction Cyclically Adjusted PB Ratio Related Terms


Orascom Construction Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orascom Construction's Cyclically Adjusted PB Ratio 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.

Orascom Construction Cyclically Adjusted PB Ratio Chart

Orascom Construction Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.62

Orascom Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.00 0.00 1.63 1.62 1.48

ADX:ORAS vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Orascom Construction'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.


Orascom Construction Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Orascom Construction's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ADX:ORAS
53GF Score
Orascom Construction PLC ADX:ORAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orascom Construction Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Orascom Construction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.00/21.26
=2.96

* 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.

Orascom Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Orascom Construction'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)
=29.892/330.2130*330.2130
=29.892

Current CPI (Mar. 2026) = 330.2130.

Orascom Construction Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.878 241.018 20.384
201609 16.041 241.428 21.940
201612 8.081 241.432 11.053
201703 9.129 243.801 12.365
201706 10.375 244.955 13.986
201709 11.526 246.819 15.420
201712 11.259 246.524 15.081
201803 12.017 249.554 15.901
201806 12.187 251.989 15.970
201809 12.942 252.439 16.929
201812 13.587 251.233 17.858
201903 14.867 254.202 19.313
201906 15.216 256.143 19.616
201909 15.603 256.759 20.067
201912 17.047 256.974 21.905
202003 17.519 258.115 22.412
202006 16.990 257.797 21.763
202009 18.730 260.280 23.762
202012 18.746 260.474 23.765
202103 19.230 264.877 23.973
202106 19.252 271.696 23.398
202109 19.922 274.310 23.982
202112 20.086 278.802 23.790
202203 19.627 287.504 22.543
202206 19.762 296.311 22.023
202209 19.501 296.808 21.696
202212 20.501 296.797 22.809
202303 19.479 301.836 21.310
202306 22.066 305.109 23.882
202309 22.596 307.789 24.242
202312 22.959 306.746 24.715
202403 22.323 312.332 23.601
202406 21.780 314.175 22.892
202409 21.177 315.301 22.179
202412 20.707 315.605 21.665
202503 21.730 319.799 22.438
202506 24.152 322.561 24.725
202509 25.261 324.800 25.682
202512 29.069 324.054 29.621
202603 29.892 330.213 29.892

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

What does a Cyclically Adjusted PB Ratio of 2.96 mean?
Orascom Construction (ADX:ORAS) has a Cyclically Adjusted PB Ratio of 2.96 as of Sep. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Orascom Construction and its competitors. This is 64% above median its historical median of 1.80. Over the past decade, Orascom Construction's Cyclically Adjusted PB Ratio has ranged from 1.45 to 2.73. According to the industry distribution chart, Orascom Construction ranks #957 out of 1237 companies in the Construction industry, placing it in the top 77.4%.
Is Orascom Construction's Cyclically Adjusted PB Ratio too high?
Orascom Construction's current Cyclically Adjusted PB Ratio of 2.96 is 64% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.73. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Orascom Construction's value of 2.96 is 153% above this industry median. Based on the distribution chart, Orascom Construction ranks #957 out of 1237 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Orascom Construction has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Orascom Construction's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Orascom Construction ranks #957 out of 1237 companies for Cyclically Adjusted PB Ratio. This places Orascom Construction in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Orascom Construction's value of 2.96 is 153% above this benchmark. Historically, Orascom Construction's own Cyclically Adjusted PB Ratio has ranged from 1.45 to 2.73 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.17, Orascom Construction has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orascom Construction's current Cyclically Adjusted PB Ratio of 2.96 is 153% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Orascom Construction and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orascom Construction's current Cyclically Adjusted PB Ratio is 2.96, which is 64% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orascom Construction stock overvalued right now?
Orascom Construction (ADX:ORAS) has a current Cyclically Adjusted PB Ratio of 2.96. The current Cyclically Adjusted PB Ratio is 2.96, which is 64% above median its 10-year median of 1.80 and 153% above the Construction industry median of 1.17. Orascom Construction's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Orascom Construction (ADX:ORAS), the current Cyclically Adjusted PB Ratio is 2.96 as of Sep. 04, 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.

Orascom Construction Business Description

Other Exchanges ORAS:Egypt
Address Tamouh Tower, Al Reem Island, Floor 15, Room. 1501, Dubai International Financial Centre, Dubai, ARE
Orascom Construction PLC is an engineering company in the United Arab Emirates. Its area of operations are infrastructure, industrial and commercial projects predominantly in the Middle East and also in North Africa, the United States and the Pacific Rim regions. The company's brands comprise Orascom, Contrack Watts, The Weirz Company, The Besix Group, Concessions and Investments, Construction Materials and Property Management.
53GF Score

Get the complete analysis for ADX:ORAS

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

د.إ63.00
Price