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Onward Holdings Co (Onward Holdings Co) Cyclically Adjusted PS Ratio : 0.30 (As of May. 22, 2024)


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What is Onward Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Onward Holdings Co's current share price is $50.00. Onward Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was $167.30. Onward Holdings Co's Cyclically Adjusted PS Ratio for today is 0.30.

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

OKASY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.23   Max: 0.57
Current: 0.36

During the past years, Onward Holdings Co's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.12. And the median was 0.23.

OKASY's Cyclically Adjusted PS Ratio is ranked better than
68.46% of 856 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs OKASY: 0.36

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.

Onward Holdings Co's adjusted revenue per share data for the three months ended in Nov. 2023 was $12.525. 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 $167.30 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onward Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Onward Holdings Co'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.

Onward Holdings Co Cyclically Adjusted PS Ratio Chart

Onward Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.15 0.17 0.20 -

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 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 0.20 0.22 0.31 0.30 -

Competitive Comparison of Onward Holdings Co's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Onward Holdings Co'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.


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

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

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



Onward Holdings Co 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.

Onward Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.00/167.3
=0.30

* 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.

Onward Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=12.525/106.9000*106.9000
=12.525

Current CPI (Nov. 2023) = 106.9000.

Onward Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 22.875 95.500 25.606
201405 22.782 98.100 24.826
201408 17.934 98.300 19.503
201411 20.455 97.900 22.335
201502 19.546 97.600 21.408
201505 17.927 98.700 19.416
201508 14.517 98.400 15.771
201511 18.275 98.100 19.914
201602 21.491 97.800 23.491
201605 19.410 98.200 21.130
201608 17.468 97.900 19.074
201611 18.406 98.600 19.955
201702 19.175 98.100 20.895
201705 18.395 98.600 19.943
201708 16.764 98.500 18.194
201711 19.794 99.100 21.352
201802 19.970 99.500 21.455
201805 19.369 99.300 20.851
201808 16.845 99.800 18.043
201811 20.179 100.000 21.571
201902 20.119 99.700 21.572
201905 21.309 100.000 22.779
201908 18.604 100.000 19.888
201911 21.914 100.500 23.310
202002 21.997 100.300 23.444
202005 14.727 100.100 15.727
202008 13.470 100.100 14.385
202011 17.976 99.500 19.313
202102 15.281 99.800 16.368
202105 15.530 99.400 16.702
202108 11.636 99.700 12.476
202111 14.070 100.100 15.026
202202 14.075 100.700 14.942
202205 12.727 101.800 13.365
202208 10.250 102.700 10.669
202211 12.433 103.900 12.792
202302 12.620 104.000 12.972
202305 13.400 105.100 13.629
202308 10.301 105.900 10.398
202311 12.525 106.900 12.525

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.


Onward Holdings Co  (OTCPK:OKASY) 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.


Onward Holdings Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Onward Holdings Co's Cyclically Adjusted PS Ratio 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