Orion Group Holdings (FRA:0OM) Cyclically Adjusted PB Ratio: 1.56 (As of Aug. 06, 2026) — 123% Above Median

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FRA:0OM Orion Group Holdings Inc FRA:0OM
68 GF Score
Price €8.95
GF Value €7.21
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Orion Group Holdings Cyclically Adjusted PB Ratio?

Orion Group Holdings FRA:0OM +4.68% 68 Cyclically Adjusted PB Ratio is 1.56 as of Aug. 06, 2026, which is 123% above its 10-year median of 0.70. GuruFocus rates FRA:0OM with a GF Score™ of 68/100 and a GF Value™ of €7.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,346 Construction companies, Orion Group Holdings ranks worse than 61% on this metric.

As of today (2026-08-06), Orion Group Holdings's current share price is €8.95. Orion Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €5.74. Orion Group Holdings's Cyclically Adjusted PB Ratio for today is 1.56.

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

FRA:0OM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.7   Max: 2.51
Current: 1.55

During the past years, Orion Group Holdings's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.22. And the median was 0.70.

FRA:0OM's Cyclically Adjusted PB Ratio is ranked worse than
61% of 1346 companies
in the Construction industry
Industry Median: 1.14 vs FRA:0OM: 1.55

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 Group Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was €3.522. 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 €5.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Group Holdings  (FRA:0OM) 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.


Orion Group Holdings Cyclically Adjusted PB Ratio Related Terms


Orion Group Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orion Group Holdings'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.

Orion Group Holdings Cyclically Adjusted PB Ratio Chart

Orion Group Holdings 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 0.46 0.29 0.64 1.02 1.50

Orion Group Holdings 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 1.31 1.22 1.50 1.66 2.61

FRA:0OM vs BBCP, BWMN, PHOE: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Orion Group Holdings'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 Group Holdings Cyclically Adjusted PB Ratio vs Construction Industry

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

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


FRA:0OM
68GF Score
Orion Group Holdings Inc FRA:0OM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orion Group Holdings 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.

Orion Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.95/5.74
=1.56

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

For example, Orion Group Holdings'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)
=3.522/333.9520*333.9520
=3.522

Current CPI (Jun. 2026) = 333.9520.

Orion Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.450 241.428 10.305
201612 7.743 241.432 10.710
201703 7.612 243.801 10.427
201706 7.104 244.955 9.685
201709 6.565 246.819 8.883
201712 6.942 246.524 9.404
201803 6.778 249.554 9.070
201806 7.159 251.989 9.488
201809 6.979 252.439 9.233
201812 4.306 251.233 5.724
201903 4.081 254.202 5.361
201906 3.982 256.143 5.192
201909 4.215 256.759 5.482
201912 4.198 256.974 5.456
202003 4.262 258.115 5.514
202006 4.197 257.797 5.437
202009 4.341 260.280 5.570
202012 4.304 260.474 5.518
202103 4.440 264.877 5.598
202106 4.485 271.696 5.513
202109 4.287 274.310 5.219
202112 4.228 278.802 5.064
202203 4.211 287.504 4.891
202206 4.275 296.311 4.818
202209 4.479 296.808 5.040
202212 4.058 296.797 4.566
202303 3.645 301.836 4.033
202306 3.595 305.109 3.935
202309 3.640 307.789 3.949
202312 3.422 306.746 3.726
202403 3.249 312.332 3.474
202406 3.092 314.175 3.287
202409 3.299 315.301 3.494
202412 3.693 315.605 3.908
202503 3.528 319.799 3.684
202506 3.343 322.561 3.461
202509 3.372 324.800 3.467
202512 3.404 324.054 3.508
202603 3.562 330.213 3.602
202606 3.522 333.952 3.522

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 1.56 mean?
Orion Group Holdings (FRA:0OM) has a Cyclically Adjusted PB Ratio of 1.56 as of Aug. 06, 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 Orion Group Holdings and its competitors. This is 123% above median its historical median of 0.70. Over the past decade, Orion Group Holdings' Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.51. According to the industry distribution chart, Orion Group Holdings ranks #821 out of 1346 companies in the Construction industry, placing it in the top 61%.
Is Orion Group Holdings' Cyclically Adjusted PB Ratio too high?
Orion Group Holdings' current Cyclically Adjusted PB Ratio of 1.56 is 123% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.51. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Orion Group Holdings' value of 1.56 is 36.8% above this industry median. Based on the distribution chart, Orion Group Holdings ranks #821 out of 1346 companies in the Construction industry, which is below the industry midpoint. Overall, Orion Group Holdings has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orion Group Holdings' Cyclically Adjusted PB Ratio compare to BBCP and BWMN?
According to the Construction industry distribution chart, Orion Group Holdings ranks #821 out of 1346 companies for Cyclically Adjusted PB Ratio. This places Orion Group Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Orion Group Holdings' value of 1.56 is 36.8% above this benchmark. Historically, Orion Group Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.51 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.14, Orion Group Holdings 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 1.14, based on 1,346 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. Orion Group Holdings's current Cyclically Adjusted PB Ratio of 1.56 is 36.8% 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 Orion Group Holdings and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Group Holdings's current Cyclically Adjusted PB Ratio is 1.56, which is 123% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Orion Group Holdings (FRA:0OM) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.21, compared to a current price of €8.95 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 123% above median its 10-year median of 0.70 and 36.8% above the Construction industry median of 1.14. Orion Group Holdings' overall GF Score™ is 68/100 with 3 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 Orion Group Holdings (FRA:0OM), the current Cyclically Adjusted PB Ratio is 1.56 as of Aug. 06, 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 Group Holdings (FRA:0OM) Overvalued in 2026?

Based on GuruFocus' analysis, Orion Group Holdings stock appears to be overvalued. The current stock price of €8.95 is trading 24.1% above its estimated GF Value™ of €7.21. GuruFocus considers Orion Group Holdings to be Modestly Overvalued.

Key valuation signals for FRA:0OM:

  • Cyclically Adjusted PB Ratio: 1.56 (123% above median its 10-year median of 0.70)
  • GF Value™: €7.21 vs. price of €8.95 (24.1% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 36.8% above the Construction median (#821 of 1346)

No single metric tells the full story. See the FRA:0OM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orion Group Holdings Business Description

Other Exchanges ORN:USA0OM:Germany
Address 2940 Riverby Road, Suite 400, Houston, TX, USA, 77020
Orion Group Holdings Inc is a specialty construction company serving the infrastructure, industrial, and building sectors, providing services both on and off the water in the continental United States, Alaska, Canada, and the Caribbean Basin through its marine segment and its concrete segment. Its marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. The concrete segment generates maximum revenue and provides construction services for commercial, industrial, multi-family residential, and public projects, including the data center market.
68GF Score

Get the complete analysis for FRA:0OM

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

€8.95
Price
€7.21
GF Value