Orege (FRA:4ZF) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

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.

FRA:4ZF Orege FRA:4ZF
41 GF Score
Price €0.28
GF Value €0.50
! 8 Warning Signs
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What is Orege Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Orege  (FRA:4ZF) 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.


Orege Cyclically Adjusted PB Ratio Related Terms


Orege Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Orege'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.

Orege Cyclically Adjusted PB Ratio Chart

Orege 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 0.00

Orege Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00

FRA:4ZF vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Orege'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.


Orege Cyclically Adjusted PB Ratio vs Waste Management Industry

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

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


FRA:4ZF
41GF Score
Orege FRA:4ZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Orege 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.

Orege's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Orege's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-1.243/120.9000*120.9000
=-1.243

Current CPI (Dec25) = 120.9000.

Orege Annual Data

Book Value per Share CPI Adj_Book
201612 -0.811 100.650 -0.974
201712 -1.463 101.850 -1.737
201812 -2.009 103.470 -2.347
201912 -0.241 104.980 -0.278
202012 -0.369 104.960 -0.425
202112 -0.476 107.850 -0.534
202212 -0.598 114.160 -0.633
202312 -0.796 118.390 -0.813
202412 -0.986 119.950 -0.994
202512 -1.243 120.900 -1.243

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 Orege (FRA:4ZF) Overvalued in 2026?

Based on GuruFocus' analysis, Orege stock appears to be undervalued. The current stock price of €0.28 is trading 44.4% below its estimated GF Value™ of €0.50.

Key valuation signals for FRA:4ZF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.50 vs. price of €0.28 (44.4% below fair value)
  • GF Score™: 41/100 with 8 warning signs

No single metric tells the full story. See the FRA:4ZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orege Business Description

Address 1, rue Pierre Vaudenay, Jouy-en-Josas, FRA, 78350
Orege is engaged in providing solutions for the treatment of complex effluents and sludge. Its two proprietary technologies SOFHYS and SLG provide treatment solutions to oil and gas, chemistry, municipal and agri-food sectors.
41GF Score

Get the complete analysis for FRA:4ZF

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

€0.28
Price
€0.50
GF Value