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Orion OyjFRA:OFK0 -1.52%93 Cyclically Adjusted PB Ratio is 12.48 as of Aug. 22, 2026, which is 40% above its 10-year median of 8.90. GuruFocus rates FRA:OFK0 with a GF Score™ of 93/100 and a GF Value™ of €36.26. The stock has 4 warning signs investors should review. Among 681 Drug Manufacturers companies, Orion Oyj ranks worse than 95.01% on this metric.
The historical rank and industry rank for Orion Oyj's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:OFK0'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6 Med: 8.9 Max: 13
Current: 12.62
During the past years, Orion Oyj's highest Cyclically Adjusted PB Ratio was 13.00. The lowest was 6.00. And the median was 8.90.
FRA:OFK0's Cyclically Adjusted PB Ratio is ranked worse than 95.01% of 681
companies
in the Drug Manufacturers industry
Industry Median: 1.73
vs FRA:OFK0: 12.62
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 Oyj's adjusted book value per share data for the three months ended in Jun. 2026 was €4.504. 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 €3.11 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Orion Oyj (FRA:OFK0) 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 Oyj Cyclically Adjusted PB Ratio Related Terms
Orion Oyj Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Orion Oyj'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.
FRA:OFK0 vs LLY, JNJ, ABBV: Cyclically Adjusted PB Ratio Comparison
For the Drug Manufacturers - General subindustry, Orion Oyj'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 Oyj Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Orion Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Orion Oyj's Cyclically Adjusted PB Ratio falls into.
Orion Oyj 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 Oyj's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 12.48 mean?
Orion Oyj (FRA:OFK0) has a Cyclically Adjusted PB Ratio of 12.48 as of Aug. 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 Orion Oyj and its competitors. This is 40% above median its historical median of 8.90. Over the past decade, Orion Oyj's Cyclically Adjusted PB Ratio has ranged from 6.00 to 13.00. According to the industry distribution chart, Orion Oyj ranks #647 out of 681 companies in the Drug Manufacturers industry, placing it in the top 95%.
Is Orion Oyj's Cyclically Adjusted PB Ratio too high?
Orion Oyj's current Cyclically Adjusted PB Ratio of 12.48 is 40% above median its 10-year median of 8.90. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 13.00. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.73. Orion Oyj's value of 12.48 is 621.4% above this industry median. Based on the distribution chart, Orion Oyj ranks #647 out of 681 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Orion Oyj has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Orion Oyj's Cyclically Adjusted PB Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Orion Oyj ranks #647 out of 681 companies for Cyclically Adjusted PB Ratio. This places Orion Oyj in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.73. Orion Oyj's value of 12.48 is 621.4% above this benchmark. Historically, Orion Oyj's own Cyclically Adjusted PB Ratio has ranged from 6.00 to 13.00 over the past decade. While the company's 10-year median is 8.90 vs. the industry median of 1.73, Orion Oyj 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 1.73, based on 681 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 Oyj's current Cyclically Adjusted PB Ratio of 12.48 is 621.4% 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 Oyj and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Oyj's current Cyclically Adjusted PB Ratio is 12.48, which is 40% above median its own 10-year median of 8.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Oyj stock overvalued right now?
Orion Oyj (FRA:OFK0) has a current Cyclically Adjusted PB Ratio of 12.48. The stock's GF Value™ is €36.26, compared to a current price of €38.80 — trading 7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.48, which is 40% above median its 10-year median of 8.90 and 621.4% above the Drug Manufacturers industry median of 1.73. Orion Oyj's overall GF Score™ is 93/100 with 4 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 Oyj (FRA:OFK0), the current Cyclically Adjusted PB Ratio is 12.48 as of Aug. 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 Orion Oyj (FRA:OFK0) Overvalued in 2026?
Based on GuruFocus' analysis, Orion Oyj stock appears to be overvalued.
The current stock price of €38.80 is trading 7% above its estimated GF Value™ of €36.26.
Key valuation signals for FRA:OFK0:
Cyclically Adjusted PB Ratio: 12.48 (40% above median its 10-year median of 8.90)
GF Value™: €36.26 vs. price of €38.80 (7% above fair value)
Industry Position: 621.4% above the Drug Manufacturers median (#647 of 681)
No single metric tells the full story. See the FRA:OFK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orion Oyj is a globally operating Finnish pharmaceutical company that develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company predominantly focuses on treatments for central nervous system disorders, oncology, and respiratory diseases. Orion's customers include specialists and general practitioners, veterinarians, pharmacies, hospitals, and laboratories. The company mainly serves Finland but also has a presence in other European countries, North America and other countries.
93GF Score
Get the complete analysis for FRA:OFK0
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