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Onward Holdings Co (TSE:8016) Cyclically Adjusted Book per Share : 円0.00 (As of Feb. 2024)


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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 Feb. 2024 was 円588.478. 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 円0.00 for the trailing ten years ended in Feb. 2024.

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 (2024-05-24), Onward Holdings Co's current stock price is 円607.00. Onward Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円0.00. Onward Holdings Co's Cyclically Adjusted PB Ratio of today is .

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 1,096.63 1,035.26 988.09 963.60 -

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 963.60 957.58 948.74 940.57 -

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 Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=588.478/106.9000*106.9000
=588.478

Current CPI (Feb. 2024) = 106.9000.

Onward Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,110.251 98.100 1,209.845
201408 1,101.725 98.300 1,198.112
201411 1,150.574 97.900 1,256.347
201502 1,172.426 97.600 1,284.143
201505 1,171.586 98.700 1,268.921
201508 1,145.948 98.400 1,244.937
201511 1,146.865 98.100 1,249.744
201602 1,106.673 97.800 1,209.646
201605 1,078.688 98.200 1,174.254
201608 1,044.488 97.900 1,140.508
201611 1,081.743 98.600 1,172.803
201702 1,121.795 98.100 1,222.425
201705 1,116.409 98.600 1,210.387
201708 1,116.788 98.500 1,212.027
201711 1,166.882 99.100 1,258.725
201802 1,160.145 99.500 1,246.427
201805 1,139.678 99.300 1,226.904
201808 1,131.245 99.800 1,211.724
201811 1,165.257 100.000 1,245.660
201902 1,152.346 99.700 1,235.565
201905 1,139.129 100.000 1,217.729
201908 901.978 100.000 964.214
201911 910.350 100.500 968.323
202002 668.760 100.300 712.766
202005 575.374 100.100 614.460
202008 480.847 100.100 513.512
202011 479.388 99.500 515.041
202102 419.329 99.800 449.161
202105 434.683 99.400 467.481
202108 480.737 99.700 515.454
202111 482.367 100.100 515.135
202202 494.028 100.700 524.445
202205 519.619 101.800 545.651
202208 526.616 102.700 548.152
202211 551.595 103.900 567.522
202302 551.361 104.000 566.735
202305 558.692 105.100 568.260
202308 551.906 105.900 557.118
202311 572.205 106.900 572.205
202402 588.478 106.900 588.478

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


Onward Holdings Co  (TSE:8016) 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.

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 (TSE:8016) Business Description

Traded in Other Exchanges
N/A
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 (TSE:8016) Headlines

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