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Orion Oyj (Orion Oyj) Cyclically Adjusted PB Ratio : 7.07 (As of May. 20, 2024)


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What is Orion Oyj Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Orion Oyj's current share price is $20.00. Orion Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.83. Orion Oyj's Cyclically Adjusted PB Ratio for today is 7.07.

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

ORINY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.06   Med: 8.67   Max: 12.12
Current: 6.99

During the past years, Orion Oyj's highest Cyclically Adjusted PB Ratio was 12.12. The lowest was 6.06. And the median was 8.67.

ORINY's Cyclically Adjusted PB Ratio is ranked worse than
89.17% of 674 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs ORINY: 6.99

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 Mar. 2024 was $2.737. 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 $2.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Oyj Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Orion Oyj Cyclically Adjusted PB Ratio Chart

Orion Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.69 9.21 8.27 10.24 7.32

Orion Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.26 7.42 7.01 7.32 6.37

Competitive Comparison of Orion Oyj's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/2.83
=7.07

* 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 Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Orion Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.737/122.3600*122.3600
=2.737

Current CPI (Mar. 2024) = 122.3600.

Orion Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.241 100.147 2.738
201409 2.361 100.726 2.868
201412 2.256 100.229 2.754
201503 1.544 100.120 1.887
201506 1.837 100.030 2.247
201509 2.013 100.130 2.460
201512 2.301 99.990 2.816
201603 1.876 100.080 2.294
201606 2.092 100.390 2.550
201609 2.353 100.540 2.864
201612 2.408 101.020 2.917
201703 1.882 100.910 2.282
201706 2.199 101.140 2.660
201709 2.520 101.320 3.043
201712 2.861 101.510 3.449
201803 2.272 101.730 2.733
201806 2.916 102.320 3.487
201809 3.055 102.600 3.643
201812 3.126 102.710 3.724
201903 2.436 102.870 2.898
201906 2.573 103.360 3.046
201909 2.791 103.540 3.298
201912 3.082 103.650 3.638
202003 3.311 103.490 3.915
202006 2.845 103.320 3.369
202009 3.191 103.710 3.765
202012 3.167 103.890 3.730
202103 2.663 104.870 3.107
202106 2.994 105.360 3.477
202109 3.110 106.290 3.580
202112 3.006 107.490 3.422
202203 2.506 110.950 2.764
202206 2.819 113.570 3.037
202209 3.426 114.920 3.648
202212 3.431 117.320 3.578
202303 2.777 119.750 2.838
202306 2.964 120.690 3.005
202309 3.195 121.280 3.223
202312 3.458 121.540 3.481
202403 2.737 122.360 2.737

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.


Orion Oyj  (OTCPK:ORINY) 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

Thank you for viewing the detailed overview of Orion Oyj's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Orion Oyj (Orion Oyj) Business Description

Address
Orionintie 1, P.O. Box 65, Espoo, FIN, FI-02200
Orion Oyj is a globally operating Finnish pharmaceutical company that develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company primarily 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. Orion mainly serves Finland but also has a presence in other European countries and North America.

Orion Oyj (Orion Oyj) Headlines

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