Orexo AB (CHIX:ORXS) Cyclically Adjusted PB Ratio: 2.21 (As of Jul. 22, 2026) — 11% Below Median

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CHIX:ORXS Orexo AB CHIX:ORXS
41 GF Score
Price kr30.95
GF Value kr7.46
! 7 Warning Signs
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What is Orexo AB Cyclically Adjusted PB Ratio?

Orexo AB CHIX:ORXS 41 Cyclically Adjusted PB Ratio is 2.21 as of Jul. 22, 2026, which is 11% below its 10-year median of 2.48. GuruFocus rates CHIX:ORXS with a GF Score™ of 41/100 and a GF Value™ of kr7.46. The stock has 7 warning signs investors should review. Among 758 Drug Manufacturers companies, Orexo AB ranks better than 60.82% on this metric.

As of today (2026-07-22), Orexo AB's current share price is kr30.95. Orexo AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr14.03. Orexo AB's Cyclically Adjusted PB Ratio for today is 2.21.

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

CHIX:ORXs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.48   Max: 6.84
Current: 1.42

During the past years, Orexo AB's highest Cyclically Adjusted PB Ratio was 6.84. The lowest was 0.69. And the median was 2.48.

CHIX:ORXs's Cyclically Adjusted PB Ratio is ranked better than
60.82% of 758 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs CHIX:ORXs: 1.42

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.

Orexo AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr7.723. 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 kr14.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orexo AB  (CHIX:ORXs) 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.


Orexo AB Cyclically Adjusted PB Ratio Related Terms


Orexo AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orexo AB'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.

Orexo AB Cyclically Adjusted PB Ratio Chart

Orexo AB 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 2.92 1.44 1.17 1.43 2.78

Orexo AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.87 3.08 2.78 2.01 2.21

CHIX:ORXS vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Orexo AB'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.


Orexo AB Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


CHIX:ORXS
41GF Score
Orexo AB CHIX:ORXS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orexo AB 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.

Orexo AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.95/14.03
=2.21

* 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.

Orexo AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Orexo AB'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)
=7.723/134.1100*134.1100
=7.723

Current CPI (Jun. 2026) = 134.1100.

Orexo AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.845 101.138 10.403
201612 8.985 102.022 11.811
201703 7.914 102.022 10.403
201706 7.985 102.752 10.422
201709 8.686 103.279 11.279
201712 9.528 103.793 12.311
201803 8.822 103.962 11.380
201806 10.454 104.875 13.368
201809 12.280 105.679 15.584
201812 13.776 105.912 17.444
201903 14.352 105.886 18.178
201906 15.929 106.742 20.013
201909 19.351 107.214 24.205
201912 20.351 107.766 25.326
202003 22.577 106.563 28.413
202006 21.499 107.498 26.821
202009 18.061 107.635 22.503
202012 16.285 108.296 20.167
202103 15.594 108.360 19.300
202106 13.396 108.928 16.493
202109 11.993 110.338 14.577
202112 10.184 112.486 12.142
202203 9.599 114.825 11.211
202206 8.988 118.384 10.182
202209 8.682 122.296 9.521
202212 5.642 126.365 5.988
202303 3.756 127.042 3.965
202306 3.597 129.407 3.728
202309 2.673 130.224 2.753
202312 1.710 131.912 1.738
202403 1.782 132.205 1.808
202406 0.702 132.716 0.709
202409 -0.788 132.304 -0.799
202412 -3.660 132.987 -3.691
202503 -4.675 132.825 -4.720
202506 -5.709 133.699 -5.727
202509 -6.462 133.480 -6.492
202512 14.134 133.390 14.210
202603 10.382 133.560 10.425
202606 7.723 134.110 7.723

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 2.21 mean?
Orexo AB (CHIX:ORXS) has a Cyclically Adjusted PB Ratio of 2.21 as of Jul. 22, 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 Orexo AB and its competitors. This is 11% below median its historical median of 2.48. Over the past decade, Orexo AB's Cyclically Adjusted PB Ratio has ranged from 0.69 to 6.84. According to the industry distribution chart, Orexo AB ranks #297 out of 758 companies in the Drug Manufacturers industry, placing it in the top 39.2%.
Is Orexo AB's Cyclically Adjusted PB Ratio too high?
Orexo AB's current Cyclically Adjusted PB Ratio of 2.21 is 11% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 6.84. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.86. Orexo AB's value of 2.21 is 19.1% above this industry median. Based on the distribution chart, Orexo AB ranks #297 out of 758 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Orexo AB has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Orexo AB's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Orexo AB ranks #297 out of 758 companies for Cyclically Adjusted PB Ratio. This puts Orexo AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. Orexo AB's value of 2.21 is 19.1% above this benchmark. Historically, Orexo AB's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 6.84 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.86, Orexo AB 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.86, based on 758 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. Orexo AB's current Cyclically Adjusted PB Ratio of 2.21 is 19.1% 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 Orexo AB and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orexo AB's current Cyclically Adjusted PB Ratio is 2.21, which is 11% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orexo AB stock overvalued right now?
Orexo AB (CHIX:ORXS) has a current Cyclically Adjusted PB Ratio of 2.21. The stock's GF Value™ is kr7.46, compared to a current price of kr30.95 — trading 314.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.21, which is 11% below median its 10-year median of 2.48 and 19.1% above the Drug Manufacturers industry median of 1.86. Orexo AB's overall GF Score™ is 41/100 with 7 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 Orexo AB (CHIX:ORXS), the current Cyclically Adjusted PB Ratio is 2.21 as of Jul. 22, 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 Orexo AB (CHIX:ORXS) Overvalued in 2026?

Based on GuruFocus' analysis, Orexo AB stock appears to be overvalued. The current stock price of kr30.95 is trading 314.9% above its estimated GF Value™ of kr7.46.

Key valuation signals for CHIX:ORXS:

  • Cyclically Adjusted PB Ratio: 2.21 (11% below median its 10-year median of 2.48)
  • GF Value™: kr7.46 vs. price of kr30.95 (314.9% above fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 19.1% above the Drug Manufacturers median (#297 of 758)

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


Orexo AB Business Description

Address Virdings alle 22, Uppsala, SWE, 75105
Orexo AB is a Swedish pharmaceutical company dedicated to advancing treatments for severe diseases and life-saving rescue medications to meet future healthcare needs, developing improved medications based on proprietary drug delivery technologies. At the core of its innovation is AmorphOX, which improves bioavailability and stability for both large and small molecules. It has developed four drugs from concept to approval, including Zubsolv, Abstral, Edluar, and Diabact UBT. The company's current development efforts focus on AmorphOX, with projects in preclinical and clinical phases across multiple therapeutic areas. It operates through US Commercial and HQ & Pipeline, which generate maximum revenue, and operates in the US, EU, and UK generating maximum revenue, and the Rest of the World.
41GF Score

Get the complete analysis for CHIX:ORXS

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

kr30.95
Price
kr7.46
GF Value