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Orion (OEC) Cyclically Adjusted PS Ratio : 0.83 (As of May. 24, 2024)


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What is Orion Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Orion's current share price is $24.685. Orion's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.62. Orion's Cyclically Adjusted PS Ratio for today is 0.83.

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

OEC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.75   Max: 0.95
Current: 0.85

During the past years, Orion's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.46. And the median was 0.75.

OEC's Cyclically Adjusted PS Ratio is ranked better than
62.86% of 1209 companies
in the Chemicals industry
Industry Median: 1.24 vs OEC: 0.85

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.

Orion's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.491. 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 $29.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orion'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.

* Premium members only.

Orion Cyclically Adjusted PS Ratio Chart

Orion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.61 0.95

Orion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.89 0.72 0.72 0.95 0.79

Competitive Comparison of Orion's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Orion'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.


Orion's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orion's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Orion 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.685/29.62
=0.83

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Orion's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.491/131.7762*131.7762
=8.491

Current CPI (Mar. 2024) = 131.7762.

Orion Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.247 100.560 10.807
201409 7.685 100.428 10.084
201412 5.556 99.070 7.390
201503 5.274 99.621 6.976
201506 5.310 100.684 6.950
201509 5.230 100.392 6.865
201512 4.285 99.792 5.658
201603 4.659 100.470 6.111
201606 4.613 101.688 5.978
201609 4.874 101.861 6.305
201612 4.801 101.863 6.211
201703 5.360 102.862 6.867
201706 5.452 103.349 6.952
201709 5.540 104.136 7.010
201712 5.540 104.011 7.019
201803 6.675 105.290 8.354
201806 6.447 106.317 7.991
201809 6.486 106.507 8.025
201812 6.269 105.998 7.794
201903 6.295 107.251 7.735
201906 6.528 108.070 7.960
201909 6.024 108.329 7.328
201912 5.243 108.420 6.372
202003 5.473 108.902 6.623
202006 3.308 108.767 4.008
202009 4.604 109.815 5.525
202012 5.114 109.897 6.132
202103 5.922 111.754 6.983
202106 6.602 114.631 7.589
202109 6.460 115.734 7.355
202112 6.382 117.630 7.150
202203 7.940 121.301 8.626
202206 8.871 125.017 9.351
202209 8.872 125.227 9.336
202212 7.505 125.222 7.898
202303 8.259 127.348 8.546
202306 7.710 128.729 7.893
202309 7.868 129.860 7.984
202312 7.788 129.419 7.930
202403 8.491 131.776 8.491

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.


Orion  (NYSE:OEC) 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.


Orion Cyclically Adjusted PS Ratio Related Terms

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


Orion (OEC) Business Description

Industry
Traded in Other Exchanges
Address
1700 City Plaza Drive, Suite 300, Spring, TX, USA, 77389
Orion SA is a supplier of carbon black, a solid form of carbon produced as powder or pellets. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.
Executives
Painter Corning F. director, officer: Chief Executive Officer 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Jeffrey Glajch officer: Chief Financial Officer GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Carlos Quinones officer: Sr. VP Global Operations C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Robert G. Hrivnak officer: Chief Accounting Officer C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Sandra Niewiem officer: Sr. VP Global Specialties C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Anthony Lynn Davis director C/O CONVENE, 530 FIFTH AVENUE, SUITE 702, NEW YORK NY 10036
Didier Miraton director C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Hans Dietrich Winkhaus director C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Yi Hyon Paik director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Michel Wurth director C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Pedro Riveros officer: Sr. VP Global Rubber C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Paul E Huck director 7201 HAMILTON BLVD, ALLENTOWN PA 181951501
Kerry A Galvin director 1221 MCKINNEY ST.,, SUITE 700, HOUSTON TX 77010
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039

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