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Orkla ASA (OSL:ORK) Cyclically Adjusted PB Ratio : 2.59 (As of May. 23, 2025)


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What is Orkla ASA Cyclically Adjusted PB Ratio?

As of today (2025-05-23), Orkla ASA's current share price is kr113.90. Orkla ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr43.92. Orkla ASA's Cyclically Adjusted PB Ratio for today is 2.59.

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

OSL:ORK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.09   Max: 2.76
Current: 2.57

During the past years, Orkla ASA's highest Cyclically Adjusted PB Ratio was 2.76. The lowest was 1.67. And the median was 2.09.

OSL:ORK's Cyclically Adjusted PB Ratio is ranked worse than
73.8% of 1271 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs OSL:ORK: 2.57

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.

Orkla ASA's adjusted book value per share data for the three months ended in Mar. 2025 was kr48.426. 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 kr43.92 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orkla ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orkla ASA'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.

Orkla ASA Cyclically Adjusted PB Ratio Chart

Orkla ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 2.37 1.80 1.89 2.27

Orkla ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.81 2.03 2.32 2.27 2.63

Competitive Comparison of Orkla ASA's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Orkla ASA'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.


Orkla ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Orkla ASA 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.

Orkla ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=113.90/43.92
=2.59

* 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.

Orkla ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Orkla ASA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=48.426/136.1000*136.1000
=48.426

Current CPI (Mar. 2025) = 136.1000.

Orkla ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 29.631 100.100 40.288
201509 31.141 100.600 42.130
201512 32.740 100.900 44.162
201603 32.971 102.500 43.779
201606 31.319 103.800 41.065
201609 31.561 104.200 41.223
201612 32.891 104.400 42.878
201703 34.149 105.000 44.264
201706 33.036 105.800 42.497
201709 36.929 105.900 47.460
201712 33.775 106.100 43.325
201803 33.750 107.300 42.809
201806 31.325 108.500 39.293
201809 31.872 109.500 39.614
201812 33.533 109.800 41.565
201903 33.747 110.400 41.603
201906 32.024 110.600 39.407
201909 33.308 111.100 40.803
201912 34.441 111.300 42.115
202003 38.080 111.200 46.607
202006 35.446 112.100 43.035
202009 37.046 112.900 44.659
202012 37.207 112.900 44.853
202103 37.371 114.600 44.382
202106 36.127 115.300 42.644
202109 37.512 117.500 43.450
202112 38.573 118.900 44.153
202203 39.128 119.800 44.452
202206 38.763 122.600 43.031
202209 40.999 125.600 44.426
202212 41.805 125.900 45.192
202303 45.037 127.600 48.037
202306 43.823 130.400 45.739
202309 44.592 129.800 46.756
202312 45.373 131.900 46.818
202403 47.848 132.600 49.111
202406 44.383 133.800 45.146
202409 46.313 133.700 47.144
202412 48.095 134.800 48.559
202503 48.426 136.100 48.426

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.


Orkla ASA  (OSL:ORK) 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.


Orkla ASA Cyclically Adjusted PB Ratio Related Terms

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


Orkla ASA Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its segments include Orkla Foods, Orkla Food Ingredients, Orkla Snacks, Orkla Health, Orkla India, Orkla Home & Personal Care, The European Pizza, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group, and Lilleborg. It generates the majority of its revenue from Norway.

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