Orient Securities Co (FRA:OS9) Cyclically Adjusted PB Ratio: 1.09 (As of Jul. 13, 2026) — 15% Below Median


FRA:OS9 Orient Securities Co Ltd FRA:OS9
47 GF Score
Price €0.61
GF Value €0.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Orient Securities Co Cyclically Adjusted PB Ratio?

Orient Securities Co FRA:OS9 -0.81% 47 Cyclically Adjusted PB Ratio is 1.09 as of Jul. 13, 2026, which is 15% below its 10-year median of 1.28. GuruFocus rates FRA:OS9 with a GF Score™ of 47/100 and a GF Value™ of €0.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 639 Capital Markets companies, Orient Securities Co ranks better than 59% on this metric.

As of today (2026-07-13), Orient Securities Co's current share price is €0.61. Orient Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.56. Orient Securities Co's Cyclically Adjusted PB Ratio for today is 1.09.

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

FRA:OS9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.28   Max: 2.83
Current: 1.06

During the past years, Orient Securities Co's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.94. And the median was 1.28.

FRA:OS9's Cyclically Adjusted PB Ratio is ranked better than
59% of 639 companies
in the Capital Markets industry
Industry Median: 1.35 vs FRA:OS9: 1.06

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.

Orient Securities Co's adjusted book value per share data for the three months ended in Mar. 2026 was €1.253. 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 €0.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orient Securities Co  (FRA:OS9) 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.


Orient Securities Co Cyclically Adjusted PB Ratio Related Terms


Orient Securities Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orient Securities Co'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.

Orient Securities Co Cyclically Adjusted PB Ratio Chart

Orient Securities Co 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 2.21 1.23 1.12 1.29 1.28

Orient Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 1.14 1.16 1.35 1.28 1.05

FRA:OS9 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Orient Securities Co'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.


Orient Securities Co Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Orient Securities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OS9
47GF Score
Orient Securities Co Ltd FRA:OS9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orient Securities Co 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.

Orient Securities Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.61/0.56
=1.09

* 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.

Orient Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Orient Securities Co'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)
=1.253/116.3033*116.3033
=1.253

Current CPI (Mar. 2026) = 116.3033.

Orient Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.827 101.400 0.949
201609 0.857 102.400 0.973
201612 0.879 102.600 0.996
201703 0.881 103.200 0.993
201706 0.847 103.100 0.955
201709 0.750 104.100 0.838
201712 0.942 104.500 1.048
201803 0.947 105.300 1.046
201806 0.954 104.900 1.058
201809 0.905 106.600 0.987
201812 0.930 106.500 1.016
201903 0.995 107.700 1.074
201906 0.951 107.700 1.027
201909 0.957 109.800 1.014
201912 0.975 111.200 1.020
202003 0.997 112.300 1.033
202006 0.961 110.400 1.012
202009 1.061 111.700 1.105
202012 1.065 111.500 1.111
202103 1.114 112.662 1.150
202106 1.110 111.769 1.155
202109 1.172 112.215 1.215
202112 1.254 113.108 1.289
202203 1.098 114.335 1.117
202206 1.261 114.558 1.280
202209 1.309 115.339 1.320
202212 1.233 115.116 1.246
202303 1.263 115.116 1.276
202306 1.183 114.558 1.201
202309 1.189 115.339 1.199
202312 1.190 114.781 1.206
202403 1.205 115.227 1.216
202406 1.212 114.781 1.228
202409 1.218 115.785 1.223
202412 1.257 114.893 1.272
202503 1.241 115.116 1.254
202506 1.206 114.907 1.221
202509 1.153 115.471 1.161
202512 1.180 115.832 1.185
202603 1.253 116.303 1.253

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 1.09 mean?
Orient Securities Co (FRA:OS9) has a Cyclically Adjusted PB Ratio of 1.09 as of Jul. 13, 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 Orient Securities Co and its competitors. This is 15% below median its historical median of 1.28. Over the past decade, Orient Securities Co's Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.83. According to the industry distribution chart, Orient Securities Co ranks #262 out of 639 companies in the Capital Markets industry, placing it in the top 41%.
Is Orient Securities Co's Cyclically Adjusted PB Ratio too high?
Orient Securities Co's current Cyclically Adjusted PB Ratio of 1.09 is 15% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.83. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.35. Orient Securities Co's value of 1.09 is 19.3% below this industry median. Based on the distribution chart, Orient Securities Co ranks #262 out of 639 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Orient Securities Co has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orient Securities Co's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Orient Securities Co ranks #262 out of 639 companies for Cyclically Adjusted PB Ratio. This puts Orient Securities Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.35. Orient Securities Co's value of 1.09 is 19.3% below this benchmark. Historically, Orient Securities Co's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.83 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.35, Orient Securities Co has consistently been below 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.35, based on 639 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. Orient Securities Co's current Cyclically Adjusted PB Ratio of 1.09 is 19.3% below 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 Orient Securities Co and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orient Securities Co's current Cyclically Adjusted PB Ratio is 1.09, which is 15% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orient Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Orient Securities Co (FRA:OS9) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.69, compared to a current price of €0.61 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 15% below median its 10-year median of 1.28 and 19.3% below the Capital Markets industry median of 1.35. Orient Securities Co's overall GF Score™ is 47/100 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 Orient Securities Co (FRA:OS9), the current Cyclically Adjusted PB Ratio is 1.09 as of Jul. 13, 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 Orient Securities Co (FRA:OS9) Overvalued in 2026?

Based on GuruFocus' analysis, Orient Securities Co stock appears to be undervalued. The current stock price of €0.61 is trading 11.6% below its estimated GF Value™ of €0.69. GuruFocus considers Orient Securities Co to be Modestly Undervalued.

Key valuation signals for FRA:OS9:

  • Cyclically Adjusted PB Ratio: 1.09 (15% below median its 10-year median of 1.28)
  • GF Value™: €0.69 vs. price of €0.61 (11.6% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 19.3% below the Capital Markets median (#262 of 639)

No single metric tells the full story. See the FRA:OS9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orient Securities Co Business Description

Other Exchanges 03958:Hong Kong600958:China
Address No. 119 South Zhongshan Road, Orient Securities Building, Huangpu District, Shanghai, CHN, 200010
Orient Securities Co Ltd is engaged in sales and trading of securities including investment and trading, fixed income investment and trading, financial derivatives trading business, NEEQ market-making business, alternative investment, and securities research services. It engages in alternative investment business through Orient Securities Innovation Investment. The Company has established three business systems, namely, comprehensive wealth management, comprehensive investment banking and comprehensive institutional business, and developed four business segments, namely, wealth and asset management, investment banking and alternative investments, institutions and sales trading, international and other businesses, generating key income from wealth and asset management.
47GF Score

Get the complete analysis for FRA:OS9

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

€0.61
Price
€0.69
GF Value