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Orion Group Holdings (Orion Group Holdings) Cyclically Adjusted PB Ratio : 0.98 (As of May. 01, 2024)


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What is Orion Group Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Orion Group Holdings's current share price is $7.40. Orion Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.53. Orion Group Holdings's Cyclically Adjusted PB Ratio for today is 0.98.

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

ORN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.61   Max: 1.47
Current: 0.94

During the past years, Orion Group Holdings's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.22. And the median was 0.61.

ORN's Cyclically Adjusted PB Ratio is ranked better than
59.08% of 1156 companies
in the Construction industry
Industry Median: 1.12 vs ORN: 0.94

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 Mar. 2024 was $3.532. 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 $7.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Group Holdings Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Orion Group Holdings Cyclically Adjusted PB Ratio Chart

Orion Group Holdings 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 0.60 0.60 0.46 0.29 0.64

Orion Group Holdings 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 0.32 0.35 0.68 0.64 1.09

Competitive Comparison of Orion Group Holdings's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=7.40/7.53
=0.98

* 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 Mar. 2024 is calculated as:

For example, Orion Group Holdings'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)
=3.532/129.4194*129.4194
=3.532

Current CPI (Mar. 2024) = 129.4194.

Orion Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.291 100.560 10.670
201409 8.404 100.428 10.830
201412 8.600 99.070 11.235
201503 8.599 99.621 11.171
201506 8.548 100.684 10.988
201509 8.260 100.392 10.648
201512 8.347 99.792 10.825
201603 8.284 100.470 10.671
201606 8.161 101.688 10.387
201609 8.362 101.861 10.624
201612 8.168 101.863 10.378
201703 8.141 102.862 10.243
201706 7.982 103.349 9.995
201709 7.825 104.136 9.725
201712 8.216 104.011 10.223
201803 8.358 105.290 10.273
201806 8.363 106.317 10.180
201809 8.143 106.507 9.895
201812 4.899 105.998 5.981
201903 4.611 107.251 5.564
201906 4.499 108.070 5.388
201909 4.642 108.329 5.546
201912 4.664 108.420 5.567
202003 4.710 108.902 5.597
202006 4.726 108.767 5.623
202009 5.113 109.815 6.026
202012 5.236 109.897 6.166
202103 5.285 111.754 6.120
202106 5.404 114.631 6.101
202109 5.043 115.734 5.639
202112 4.777 117.630 5.256
202203 4.637 121.301 4.947
202206 4.519 125.017 4.678
202209 4.435 125.227 4.583
202212 4.298 125.222 4.442
202303 3.902 127.348 3.965
202306 3.895 128.729 3.916
202309 3.884 129.860 3.871
202312 3.732 129.419 3.732
202403 3.532 129.419 3.532

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 Group Holdings  (NYSE:ORN) 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

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


Orion Group Holdings (Orion Group Holdings) Business Description

Traded in Other Exchanges
Address
12000 Aerospace Avenue, Suite 300, Houston, TX, USA, 77034
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. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas.
Executives
Austin J Shanfelter director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Gordon Scott Thanisch officer: EVP AND CFO 12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Travis J Boone director, officer: PRESIDENT & CEO 12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Smith Quentin P. Jr. director 10361 N. 117TH PLACE, SCOTTSDALE AZ 85259
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Margaret M Foran director
Mary E Sullivan director 5313 JAVELINA DR, CORPUS CHRISTI TX 78413
Richard L. Daerr director 12550 FUQUA ST., HOUSTON TX 77034
Mark R. Stauffer officer: VP and Chief Financial Officer 12550 FUQUA, HOUSTON TX 77034
Robert L Tabb officer: VP and Chief Financial Officer 12000 AEROSPACE SUITE 300, HOUSTON TX 77034
James Michael Pearson director, officer: Chief Executive Officer
Peter R. Buchler officer: Vice President, Genl Counsel, other: Corporate Secretary 12000 AEROSPACE DR., SUITE 300, HOUSTON TX 77034
Christopher James Dealmeida officer: VP Finance & Accounting 1817 W 4TH STREET, TEMPE AZ 85281
Larry Dwayne Breaux officer: Chief Operating Officer 17403 SHOAL LAKE LN, HOUSTON TX 77095
Gene G Stoever director 5415 GRAYSTONE LANE, HOUSTON TX 77069

Orion Group Holdings (Orion Group Holdings) Headlines

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