GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OneMain Holdings Inc (FRA:0S1) » Definitions » Cyclically Adjusted PS Ratio

OneMain Holdings (FRA:0S1) Cyclically Adjusted PS Ratio : 1.73 (As of May. 14, 2024)


View and export this data going back to 2013. Start your Free Trial

What is OneMain Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-14), OneMain Holdings's current share price is €47.07. OneMain Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.24. OneMain Holdings's Cyclically Adjusted PS Ratio for today is 1.73.

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

FRA:0S1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.64   Max: 2.94
Current: 1.7

During the past years, OneMain Holdings's highest Cyclically Adjusted PS Ratio was 2.94. The lowest was 0.81. And the median was 1.64.

FRA:0S1's Cyclically Adjusted PS Ratio is ranked better than
65.68% of 373 companies
in the Credit Services industry
Industry Median: 2.93 vs FRA:0S1: 1.70

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.

OneMain Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.233. 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 €27.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OneMain Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OneMain Holdings'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.

OneMain Holdings Cyclically Adjusted PS Ratio Chart

OneMain Holdings 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 - 2.41 2.13 1.25 1.67

OneMain Holdings 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 1.34 1.54 1.38 1.67 1.71

Competitive Comparison of OneMain Holdings's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, OneMain Holdings'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.


OneMain Holdings's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, OneMain Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



OneMain Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.07/27.24
=1.73

* 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.

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

For example, OneMain Holdings'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)
=8.233/129.4194*129.4194
=8.233

Current CPI (Mar. 2024) = 129.4194.

OneMain Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.786 100.560 3.586
201409 6.756 100.428 8.706
201412 1.398 99.070 1.826
201503 2.426 99.621 3.152
201506 2.070 100.684 2.661
201509 2.041 100.392 2.631
201512 3.923 99.792 5.088
201603 4.932 100.470 6.353
201606 4.649 101.688 5.917
201609 4.706 101.861 5.979
201612 5.002 101.863 6.355
201703 4.814 102.862 6.057
201706 4.709 103.349 5.897
201709 4.661 104.136 5.793
201712 4.967 104.011 6.180
201803 4.774 105.290 5.868
201806 5.238 106.317 6.376
201809 5.352 106.507 6.503
201812 5.700 105.998 6.959
201903 5.777 107.251 6.971
201906 6.041 108.070 7.234
201909 6.518 108.329 7.787
201912 6.027 108.420 7.194
202003 6.594 108.902 7.836
202006 6.304 108.767 7.501
202009 6.141 109.815 7.237
202012 6.018 109.897 7.087
202103 6.001 111.754 6.950
202106 6.109 114.631 6.897
202109 6.599 115.734 7.379
202112 7.152 117.630 7.869
202203 7.352 121.301 7.844
202206 7.913 125.017 8.192
202209 8.689 125.227 8.980
202212 8.214 125.222 8.489
202303 7.968 127.348 8.098
202306 8.094 128.729 8.137
202309 8.419 129.860 8.390
202312 8.434 129.419 8.434
202403 8.233 129.419 8.233

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.


OneMain Holdings  (FRA:0S1) 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.


OneMain Holdings Cyclically Adjusted PS Ratio Related Terms

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


OneMain Holdings (FRA:0S1) Business Description

Traded in Other Exchanges
Address
601 N.W. Second Street, Evansville, IN, USA, 47708
OneMain Holdings is engaged in nonprime consumer finance companies in the United States and one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has a significant online business. The main source of revenue is net interest income.

OneMain Holdings (FRA:0S1) Headlines

No Headlines