Orange (XPAR:ORA) Cyclically Adjusted PS Ratio: (As of Jul. 29, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XPAR:ORA Orange SA XPAR:ORA
75 GF Score
Price €17.18
GF Value €12.09
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Orange Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orange  (XPAR:ORA) 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
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.75 0.86 0.93 1.14 0.00

XPAR:ORA vs VZ, TMUS, 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.


XPAR:ORA
75GF Score
Orange SA XPAR:ORA
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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.083/123.8300*123.8300
=4.083

Current CPI (Jun. 2026) = 123.8300.

Orange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
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 3.795
202306 3.699 117.650 3.893
202309 3.721 118.260 3.896
202312 3.925 118.390 4.105
202403 3.705 119.470 3.840
202406 3.759 120.200 3.873
202409 3.759 119.560 3.893
202412 3.922 119.950 4.049
202503 3.730 120.380 3.837
202506 3.740 121.360 3.816
202509 3.759 120.950 3.849
202512 3.968 120.900 4.064
202603 3.798 122.420 3.842
202606 4.083 123.830 4.083

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.

Is Orange (XPAR:ORA) Overvalued in 2026?

Based on GuruFocus' analysis, Orange stock appears to be overvalued. The current stock price of €17.18 is trading 42.1% above its estimated GF Value™ of €12.09. GuruFocus considers Orange to be Significantly Overvalued.

Key valuation signals for XPAR:ORA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €12.09 vs. price of €17.18 (42.1% above fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the XPAR:ORA 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.
75GF Score

Get the complete analysis for XPAR:ORA

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

€17.18
Price
€12.09
GF Value