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Orange (CHIX:ORAP) Cyclically Adjusted PB Ratio : 1.00 (As of Jun. 03, 2025)


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What is Orange Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Orange's current share price is €13.1575. Orange's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €13.14. Orange's Cyclically Adjusted PB Ratio for today is 1.00.

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

CHIX:ORAp' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.81   Max: 1.01
Current: 1

During the past years, Orange's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.71. And the median was 0.81.

CHIX:ORAp's Cyclically Adjusted PB Ratio is ranked better than
68.35% of 278 companies
in the Telecommunication Services industry
Industry Median: 1.53 vs CHIX:ORAp: 1.00

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.

Orange's adjusted book value per share data for the three months ended in Dec. 2024 was €11.953. 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 €13.14 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orange Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orange'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.

* Premium members only.

Orange Cyclically Adjusted PB Ratio Chart

Orange Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.79 0.73 0.79 0.73

Orange Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Dec24 Mar25
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 0.79 - 0.71 0.73 -

Competitive Comparison of Orange's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Orange'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.


Orange's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Orange's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Orange 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.

Orange's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.1575/13.14
=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.

Orange's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Orange's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=11.953/119.9500*119.9500
=11.953

Current CPI (Dec. 2024) = 119.9500.

Orange Quarterly Data

Book Value per Share CPI Adj_Book
200709 0.000 90.960 0.000
200712 11.471 92.030 14.951
200803 0.000 92.810 0.000
200806 11.237 93.960 14.345
200809 0.000 93.670 0.000
200812 10.580 92.950 13.653
200906 10.585 93.500 13.579
200912 10.142 93.800 12.969
201006 11.536 94.910 14.580
201012 10.986 95.450 13.806
201106 10.634 96.910 13.162
201112 10.470 97.800 12.841
201206 10.409 98.780 12.640
201212 9.251 99.100 11.197
201306 9.248 99.700 11.126
201312 9.274 99.800 11.146
201406 10.134 100.180 12.134
201412 11.159 99.860 13.404
201506 11.342 100.440 13.545
201512 11.668 100.040 13.990
201606 11.815 100.630 14.083
201612 11.745 100.650 13.997
201706 11.357 101.320 13.445
201712 11.647 101.850 13.717
201806 11.421 103.370 13.253
201812 11.561 103.470 13.402
201906 11.426 104.580 13.105
201912 12.027 104.980 13.742
202006 12.078 104.790 13.825
202012 12.997 104.960 14.853
202106 11.246 106.340 12.685
202112 12.164 107.850 13.529
202206 12.319 112.550 13.129
202212 11.957 114.160 12.563
202303 0.000 116.790 0.000
202306 11.803 117.650 12.034
202312 11.975 118.390 12.133
202403 0.000 119.470 0.000
202406 11.813 120.200 11.788
202412 11.953 119.950 11.953

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.


Orange  (CHIX:ORAp) 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.


Orange Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Orange's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Orange Business Description

Address
111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, FRA, 92130
Orange is the incumbent telecom operator in France. The company operates fixed and wireless businesses in France, where it is the market leader ahead of Iliad, Bouygues, and SFR. Orange also has fixed and wireless (convergent) operations in Spain, Poland, Belgium, Luxembourg, and Central Europe (Romania, Slovakia, Moldova). Around 15% of revenue comes from emerging African markets, where the company only operates wireless networks, and 20% comes from the enterprise segment, which serves companies with more than 50 employees in France and internationally.

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