ORXOF (Orexo AB) Cyclically Adjusted PB Ratio: 1.84 (As of Jun. 24, 2026) — 26% Below Median


ORXOF Orexo AB ORXOF
34 GF Score
Price $2.10
GF Value $0.68
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Orexo AB Cyclically Adjusted PB Ratio?

Orexo AB ORXOF 34 Cyclically Adjusted PB Ratio is 1.84 as of Jun. 24, 2026, which is 26% below its 10-year median of 2.50. GuruFocus rates ORXOF with a GF Score™ of 34/100 and a GF Value™ of $0.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 758 Drug Manufacturers companies, Orexo AB ranks worse than 52.24% on this metric.

As of today (2026-06-24), Orexo AB's current share price is $2.10. Orexo AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.14. Orexo AB's Cyclically Adjusted PB Ratio for today is 1.84.

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

ORXOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.5   Max: 6.84
Current: 1.93

During the past years, Orexo AB's highest Cyclically Adjusted PB Ratio was 6.84. The lowest was 0.69. And the median was 2.50.

ORXOF's Cyclically Adjusted PB Ratio is ranked worse than
52.24% of 758 companies
in the Drug Manufacturers industry
Industry Median: 1.81 vs ORXOF: 1.93

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.

Orexo AB's adjusted book value per share data for the three months ended in Mar. 2026 was $1.114. 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 $1.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orexo AB  (OTCPK:ORXOF) 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.


Orexo AB Cyclically Adjusted PB Ratio Related Terms


Orexo AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orexo AB'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.

Orexo AB Cyclically Adjusted PB Ratio Chart

Orexo AB 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 2.92 1.44 1.17 1.43 2.78

Orexo AB 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 1.25 1.87 3.08 2.78 2.01

ORXOF vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Orexo AB'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.


Orexo AB Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Orexo AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ORXOF
34GF Score
Orexo AB ORXOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Orexo AB 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.

Orexo AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.10/1.14
=1.84

* 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.

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

For example, Orexo AB'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)
=1.114/133.3862*133.3862
=1.114

Current CPI (Mar. 2026) = 133.3862.

Orexo AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.841 101.019 1.110
201609 0.920 101.138 1.213
201612 0.976 102.022 1.276
201703 0.888 102.022 1.161
201706 0.920 102.752 1.194
201709 1.084 103.279 1.400
201712 1.135 103.793 1.459
201803 1.071 103.962 1.374
201806 1.188 104.875 1.511
201809 1.374 105.679 1.734
201812 1.526 105.912 1.922
201903 1.544 105.886 1.945
201906 1.693 106.742 2.116
201909 1.993 107.214 2.480
201912 2.158 107.766 2.671
202003 2.294 106.563 2.871
202006 2.309 107.498 2.865
202009 2.040 107.635 2.528
202012 1.947 108.296 2.398
202103 1.825 108.360 2.247
202106 1.595 108.928 1.953
202109 1.387 110.338 1.677
202112 1.120 112.486 1.328
202203 1.003 114.825 1.165
202206 0.896 118.384 1.010
202209 0.796 122.296 0.868
202212 0.544 126.365 0.574
202303 0.359 127.042 0.377
202306 0.334 129.407 0.344
202309 0.241 130.224 0.247
202312 0.167 131.912 0.169
202403 0.171 132.205 0.173
202406 0.067 132.716 0.067
202409 -0.077 132.304 -0.078
202412 -0.333 132.987 -0.334
202503 -0.461 132.825 -0.463
202506 -0.598 133.699 -0.597
202509 -0.689 133.482 -0.689
202512 1.521 133.386 1.521
202603 1.114 133.386 1.114

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 1.84 mean?
Orexo AB (ORXOF) has a Cyclically Adjusted PB Ratio of 1.84 as of Jun. 24, 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 Orexo AB and its competitors. This is 26% below median its historical median of 2.50. Over the past decade, Orexo AB's Cyclically Adjusted PB Ratio has ranged from 0.69 to 6.84. According to the industry distribution chart, Orexo AB ranks #396 out of 758 companies in the Drug Manufacturers industry, placing it in the top 52.2%.
Is Orexo AB's Cyclically Adjusted PB Ratio too high?
Orexo AB's current Cyclically Adjusted PB Ratio of 1.84 is 26% below median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 6.84. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.81. Orexo AB's value of 1.84 is 1.7% above this industry median. Based on the distribution chart, Orexo AB ranks #396 out of 758 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Orexo AB has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orexo AB's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Orexo AB ranks #396 out of 758 companies for Cyclically Adjusted PB Ratio. This places Orexo AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Orexo AB's value of 1.84 is 1.7% above this benchmark. Historically, Orexo AB's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 6.84 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.81, Orexo AB 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 1.81, based on 758 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. Orexo AB's current Cyclically Adjusted PB Ratio of 1.84 is 1.7% 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 Orexo AB and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orexo AB's current Cyclically Adjusted PB Ratio is 1.84, which is 26% below median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orexo AB stock overvalued right now?
Based on GuruFocus' analysis, Orexo AB (ORXOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.68, compared to a current price of $2.10 — trading 208.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is 26% below median its 10-year median of 2.50 and 1.7% above the Drug Manufacturers industry median of 1.81. Orexo AB's overall GF Score™ is 34/100 with 7 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 Orexo AB (ORXOF), the current Cyclically Adjusted PB Ratio is 1.84 as of Jun. 24, 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 Orexo AB (ORXOF) Overvalued in 2026?

Based on GuruFocus' analysis, Orexo AB stock appears to be overvalued. The current stock price of $2.10 is trading 208.8% above its estimated GF Value™ of $0.68. GuruFocus considers Orexo AB to be Significantly Overvalued.

Key valuation signals for ORXOF:

  • Cyclically Adjusted PB Ratio: 1.84 (26% below median its 10-year median of 2.50)
  • GF Value™: $0.68 vs. price of $2.10 (208.8% above fair value)
  • GF Score™: 34/100 with 7 warning signs
  • Industry Position: 1.7% above the Drug Manufacturers median (#396 of 758)

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


Orexo AB Business Description

Address Virdings alle 22, Uppsala, SWE, 75105
Orexo AB is a Swedish pharmaceutical company dedicated to advancing treatments for severe diseases and life-saving rescue medications to meet future healthcare needs, developing improved medications based on proprietary drug delivery technologies. At the core of its innovation is AmorphOX, which improves bioavailability and stability for both large and small molecules. It has developed four drugs from concept to approval, including Zubsolv, Abstral, Edluar, and Diabact UBT. The company's current development efforts focus on AmorphOX, with projects in preclinical and clinical phases across multiple therapeutic areas. It operates through US Commercial and HQ & Pipeline, which generate maximum revenue, and operates in the US, EU, and UK generating maximum revenue, and the Rest of the World.
34GF Score

Get the complete analysis for ORXOF

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

$2.10
Price
$0.68
GF Value