Orange (CHIX:ORAP) Cyclically Adjusted PS Ratio: 1.06 (As of Jul. 02, 2026) — 93% Above Median


CHIX:ORAP Orange SA CHIX:ORAP
76 GF Score
Price €15.75
GF Value €11.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Orange Cyclically Adjusted PS Ratio?

Orange CHIX:ORAP -5.79% 76 Cyclically Adjusted PS Ratio is 1.06 as of Jul. 02, 2026, which is 93% above its 10-year median of 0.55. GuruFocus rates CHIX:ORAP with a GF Score™ of 76/100 and a GF Value™ of €11.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 301 Telecommunication Services companies, Orange ranks better than 51.16% on this metric.

As of today (2026-07-02), Orange's current share price is €15.75. Orange's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €14.84. Orange's Cyclically Adjusted PS Ratio for today is 1.06.

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

CHIX:ORAp' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.55   Max: 1.19
Current: 1.11

During the past years, Orange's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.45. And the median was 0.55.

CHIX:ORAp's Cyclically Adjusted PS Ratio is ranked better than
51.16% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.17 vs CHIX:ORAp: 1.11

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Orange's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.798. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €14.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orange  (CHIX:ORAp) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Orange Cyclically Adjusted PS Ratio Related Terms


Orange Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Orange's Cyclically Adjusted PS 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.

Orange Cyclically Adjusted PS Ratio Chart

Orange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.50 0.55 0.93

Orange Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.67 0.75 0.86 0.93 1.16

CHIX:ORAP vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Orange's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Orange Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Orange's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Orange's Cyclically Adjusted PS Ratio falls into.


CHIX:ORAP
76GF Score
Orange SA CHIX:ORAP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Orange Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Orange's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.75/14.84
=1.06

* 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.

Orange's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Orange's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.798/120.9000*120.9000
=3.798

Current CPI (Mar. 2026) = 120.9000.

Orange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.000 93.800 0.000
201006 0.000 94.910 0.000
201012 0.000 95.450 0.000
201106 0.000 96.910 0.000
201112 0.000 97.800 0.000
201206 0.000 98.780 0.000
201212 0.000 99.100 0.000
201306 0.000 99.700 0.000
201312 0.000 99.800 0.000
201406 0.000 100.180 0.000
201412 0.000 99.860 0.000
201506 0.000 100.440 0.000
201512 0.000 100.040 0.000
201606 0.000 100.630 0.000
201612 0.000 100.650 0.000
201706 0.000 101.320 0.000
201712 0.000 101.850 0.000
201806 0.000 103.370 0.000
201812 0.000 103.470 0.000
201906 0.000 104.580 0.000
201912 0.000 104.980 0.000
202006 0.000 104.790 0.000
202012 0.000 104.960 0.000
202106 0.000 106.340 0.000
202112 0.000 107.850 0.000
202206 0.000 112.550 0.000
202212 0.000 114.160 0.000
202303 3.579 116.790 3.705
202306 3.699 117.650 3.801
202309 3.721 118.260 3.804
202312 3.925 118.390 4.008
202403 3.705 119.470 3.749
202406 3.759 120.200 3.781
202409 3.759 119.560 3.801
202412 3.922 119.950 3.953
202503 3.730 120.380 3.746
202506 3.740 121.360 3.726
202509 3.759 120.950 3.757
202512 3.968 120.900 3.968
202603 3.798 120.900 3.798

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 1.06 mean?
Orange (CHIX:ORAP) has a Cyclically Adjusted PS Ratio of 1.06 as of Jul. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Orange and its competitors. This is 93% above median its historical median of 0.55. Over the past decade, Orange's Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.19. According to the industry distribution chart, Orange ranks #147 out of 301 companies in the Telecommunication Services industry, placing it in the top 48.8%.
Is Orange's Cyclically Adjusted PS Ratio too high?
Orange's current Cyclically Adjusted PS Ratio of 1.06 is 93% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.19. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.17. Orange's value of 1.06 is 9.4% below this industry median. Based on the distribution chart, Orange ranks #147 out of 301 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Orange has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orange's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Orange ranks #147 out of 301 companies for Cyclically Adjusted PS Ratio. This puts Orange in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.17. Orange's value of 1.06 is 9.4% below this benchmark. Historically, Orange's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.19 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.17, Orange 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 PS Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.17, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orange's current Cyclically Adjusted PS Ratio of 1.06 is 9.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Orange and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orange's current Cyclically Adjusted PS Ratio is 1.06, which is 93% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orange stock overvalued right now?
Based on GuruFocus' analysis, Orange (CHIX:ORAP) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.65, compared to a current price of €15.75 — trading 35.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.06, which is 93% above median its 10-year median of 0.55 and 9.4% below the Telecommunication Services industry median of 1.17. Orange's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Orange (CHIX:ORAP), the current Cyclically Adjusted PS Ratio is 1.06 as of Jul. 02, 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 Orange (CHIX:ORAP) Overvalued in 2026?

Based on GuruFocus' analysis, Orange stock appears to be overvalued. The current stock price of €15.75 is trading 35.2% above its estimated GF Value™ of €11.65. GuruFocus considers Orange to be Significantly Overvalued.

Key valuation signals for CHIX:ORAP:

  • Cyclically Adjusted PS Ratio: 1.06 (93% above median its 10-year median of 0.55)
  • GF Value™: €11.65 vs. price of €15.75 (35.2% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 9.4% below the Telecommunication Services median (#147 of 301)

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


Orange Business Description

Address 111, quai du president Roosevelt, Issy-les-Moulineaux, Paris, FRA, 92130
Orange operates fixed-line and wireless businesses in France, where it is the market leader ahead of Iliad, Bouygues, and SFR, thanks to its incumbent position. It also has telecom businesses in Spain (through MasOrange), Poland, Belgium, Luxembourg, and Central Europe (Romania, Slovakia, and Moldova). Around 20% of revenue comes from emerging African markets, where it mainly operates wireless networks, and 20% comes from the enterprise segment, which serves companies with more than 50 employees in France and internationally.
76GF Score

Get the complete analysis for CHIX:ORAP

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

€15.75
Price
€11.65
GF Value