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Onex (STU:ONE) Cyclically Adjusted PB Ratio : 1.23 (As of Mar. 03, 2025)


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What is Onex Cyclically Adjusted PB Ratio?

As of today (2025-03-03), Onex's current share price is €70.00. Onex's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €56.69. Onex's Cyclically Adjusted PB Ratio for today is 1.23.

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

STU:ONE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 3.55   Max: 9.97
Current: 1.27

During the past years, Onex's highest Cyclically Adjusted PB Ratio was 9.97. The lowest was 1.03. And the median was 3.55.

STU:ONE's Cyclically Adjusted PB Ratio is ranked worse than
76.85% of 907 companies
in the Asset Management industry
Industry Median: 0.8 vs STU:ONE: 1.27

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.

Onex's adjusted book value per share data for the three months ended in Dec. 2024 was €111.955. 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 €56.69 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Onex's Cyclically Adjusted PB 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.

Onex Cyclically Adjusted PB Ratio Chart

Onex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.46 1.21 1.35 1.33

Onex Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted PB 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 1.35 1.40 1.21 1.18 1.33

Competitive Comparison of Onex's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Onex'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.


Onex's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Onex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Onex Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Onex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.00/56.69
=1.23

* 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.

Onex's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Onex's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=111.955/127.3637*127.3637
=111.955

Current CPI (Dec. 2024) = 127.3637.

Onex Quarterly Data

Book Value per Share CPI Adj_Book
201503 4.617 99.789 5.893
201506 0.996 100.500 1.262
201509 1.359 100.421 1.724
201512 -1.412 99.947 -1.799
201603 -3.484 101.054 -4.391
201606 -0.585 102.002 -0.730
201609 -2.338 101.765 -2.926
201612 -4.542 101.449 -5.702
201703 -8.414 102.634 -10.441
201706 18.136 103.029 22.420
201709 21.236 103.345 26.172
201712 24.053 103.345 29.643
201803 23.111 105.004 28.032
201806 20.042 105.557 24.182
201809 15.979 105.636 19.266
201812 22.407 105.399 27.077
201903 56.918 106.979 67.764
201906 59.273 107.690 70.101
201909 61.615 107.611 72.925
201912 62.745 107.769 74.153
202003 53.884 107.927 63.588
202006 59.071 108.401 69.404
202009 62.289 108.164 73.345
202012 65.852 108.559 77.259
202103 71.197 110.298 82.213
202106 71.949 111.720 82.024
202109 79.695 112.905 89.901
202112 85.276 113.774 95.462
202203 89.371 117.646 96.754
202206 91.190 120.806 96.140
202209 96.311 120.648 101.672
202212 96.257 120.964 101.350
202303 92.462 122.702 95.975
202306 93.323 124.203 95.698
202309 99.463 125.230 101.157
202312 101.333 125.072 103.189
202403 101.876 126.258 102.769
202406 105.278 127.522 105.148
202409 104.830 127.285 104.895
202412 111.955 127.364 111.955

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


Onex  (STU:ONE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Onex Cyclically Adjusted PB Ratio Related Terms

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


Onex Business Description

Traded in Other Exchanges
Address
161 Bay Street, 49th Floor, P.O. Box 700, Toronto, ON, CAN, M5J 2S1
Onex Corp is a private equity investor and asset management firm. The company operates in two reportable segments: Investing, which comprises the activity of investing Onex' capital, and Asset Management, which comprises the asset management activities provided by Onex to support its private equity and Credit strategies, as well as Onex's corporate functions. The majority of the company's revenue is generated through the Investing segment.

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