Orange (CHIX:ORAP) Cyclically Adjusted PB Ratio: (As of Jul. 02, 2026)


CHIX:ORAP Orange SA CHIX:ORAP
76 GF Score
Price €15.75
GF Value €11.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Orange Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Orange Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Orange Cyclically Adjusted PB Ratio Chart

Orange 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 0.79 0.73 0.79 0.74 1.09

Orange Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.98 0.00 1.09 0.00

CHIX:ORAP vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


CHIX:ORAP
76GF Score
Orange SA CHIX:ORAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Orange'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)
=0/120.9000*120.9000
=0.000

Current CPI (Mar. 2026) = 120.9000.

Orange Quarterly Data

Book Value per Share CPI Adj_Book
200912 10.142 93.800 13.072
201006 11.536 94.910 14.695
201012 10.986 95.450 13.915
201106 10.634 96.910 13.266
201112 10.470 97.800 12.943
201206 10.409 98.780 12.740
201212 9.251 99.100 11.286
201306 9.248 99.700 11.214
201312 9.274 99.800 11.235
201406 10.134 100.180 12.230
201412 11.159 99.860 13.510
201506 11.342 100.440 13.652
201512 11.668 100.040 14.101
201606 11.815 100.630 14.195
201612 11.745 100.650 14.108
201706 11.357 101.320 13.552
201712 11.647 101.850 13.825
201806 11.421 103.370 13.358
201812 11.561 103.470 13.509
201906 11.426 104.580 13.209
201912 12.027 104.980 13.851
202006 12.078 104.790 13.935
202012 12.997 104.960 14.971
202106 11.246 106.340 12.786
202112 12.164 107.850 13.636
202206 12.319 112.550 13.233
202212 11.957 114.160 12.663
202303 0.000 116.790 0.000
202306 11.803 117.650 12.129
202309 0.000 118.260 0.000
202312 11.975 118.390 12.229
202403 0.000 119.470 0.000
202406 11.813 120.200 11.882
202409 0.000 119.560 0.000
202412 11.953 119.950 12.048
202503 0.000 120.380 0.000
202506 11.065 121.360 11.023
202509 0.000 120.950 0.000
202512 11.186 120.900 11.186
202603 0.000 120.900 0.000

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.

Is Orange (CHIX:ORAP) Overvalued in 2026?

Based on GuruFocus' analysis, Orange stock appears to be overvalued. The current stock price of €15.75 is trading 35.2% above its estimated GF Value™ of €11.65. GuruFocus considers Orange to be Significantly Overvalued.

Key valuation signals for CHIX:ORAP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €11.65 vs. price of €15.75 (35.2% above fair value)
  • GF Score™: 76/100 with 5 warning signs

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


Orange Business Description

Address 111, quai du president Roosevelt, Issy-les-Moulineaux, Paris, FRA, 92130
Orange operates fixed-line and wireless businesses in France, where it is the market leader ahead of Iliad, Bouygues, and SFR, thanks to its incumbent position. It also has telecom businesses in Spain (through MasOrange), Poland, Belgium, Luxembourg, and Central Europe (Romania, Slovakia, and Moldova). Around 20% of revenue comes from emerging African markets, where it mainly operates wireless networks, and 20% comes from the enterprise segment, which serves companies with more than 50 employees in France and internationally.
76GF Score

Get the complete analysis for CHIX:ORAP

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

€15.75
Price
€11.65
GF Value