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Onward Holdings Co (Onward Holdings Co) Cyclically Adjusted Book per Share : $93.87 (As of Nov. 2023)


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What is Onward Holdings Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Onward Holdings Co's adjusted book value per share for the three months ended in Nov. 2023 was $19.114. 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 $93.87 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Onward Holdings Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Onward Holdings Co was -2.50% per year. The lowest was -4.20% per year. And the median was -3.80% per year.

As of today (2024-05-22), Onward Holdings Co's current stock price is $50.00. Onward Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $93.87. Onward Holdings Co's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Onward Holdings Co was 0.86. The lowest was 0.18. And the median was 0.39.


Onward Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Onward Holdings Co's Cyclically Adjusted Book per Share 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.

Onward Holdings Co Cyclically Adjusted Book per Share Chart

Onward Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.84 205.41 178.36 141.29 -

Onward Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Book per Share 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 141.29 128.71 91.05 93.87 -

Competitive Comparison of Onward Holdings Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Onward Holdings Co'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.


Onward Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Onward Holdings Co's Cyclically Adjusted PB Ratio falls into.



Onward Holdings Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Onward Holdings Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=19.114/106.9000*106.9000
=19.114

Current CPI (Nov. 2023) = 106.9000.

Onward Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 54.259 95.500 60.736
201405 54.545 98.100 59.438
201408 53.511 98.300 58.193
201411 49.466 97.900 54.013
201502 49.361 97.600 54.064
201505 48.494 98.700 52.523
201508 46.582 98.400 50.606
201511 46.756 98.100 50.950
201602 48.278 97.800 52.770
201605 49.550 98.200 53.940
201608 51.586 97.900 56.328
201611 49.876 98.600 54.074
201702 49.676 98.100 54.132
201705 49.731 98.600 53.917
201708 50.843 98.500 55.179
201711 51.715 99.100 55.785
201802 53.725 99.500 57.721
201805 51.951 99.300 55.927
201808 50.959 99.800 54.584
201811 51.406 100.000 54.953
201902 52.171 99.700 55.939
201905 51.792 100.000 55.366
201908 42.471 100.000 45.401
201911 41.814 100.500 44.477
202002 30.390 100.300 32.390
202005 26.836 100.100 28.659
202008 22.679 100.100 24.220
202011 22.958 99.500 24.665
202102 19.897 99.800 21.313
202105 19.919 99.400 21.422
202108 21.881 99.700 23.461
202111 21.163 100.100 22.601
202202 21.428 100.700 22.747
202205 20.164 101.800 21.174
202208 19.463 102.700 20.259
202211 19.362 103.900 19.921
202302 20.721 104.000 21.299
202305 20.382 105.100 20.731
202308 19.060 105.900 19.240
202311 19.114 106.900 19.114

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Onward Holdings Co  (OTCPK:OKASY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Onward Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.00/93.87
=0.53

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Onward Holdings Co was 0.86. The lowest was 0.18. And the median was 0.39.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Onward Holdings Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Onward Holdings Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Onward Holdings Co (Onward Holdings Co) Business Description

Traded in Other Exchanges
Address
10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-8239
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three fourths of Onward's sales are in Japan, and most of the company's remaining sales are in Europe. The company manufactures its products primarily in China.

Onward Holdings Co (Onward Holdings Co) Headlines