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Onward Holdings Co (TSE:8016) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 03, 2025)


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What is Onward Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Onward Holdings Co's current share price is 円556.00. Onward Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was 円891.24. Onward Holdings Co's Cyclically Adjusted PB Ratio for today is 0.62.

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

TSE:8016' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.52   Max: 0.89
Current: 0.63

During the past years, Onward Holdings Co's highest Cyclically Adjusted PB Ratio was 0.89. The lowest was 0.18. And the median was 0.52.

TSE:8016's Cyclically Adjusted PB Ratio is ranked better than
69.68% of 729 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs TSE:8016: 0.63

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 adjusted book value per share data for the three months ended in Feb. 2025 was 円620.928. 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891.24 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onward Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Onward Holdings Co'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.

Onward Holdings Co Cyclically Adjusted PB Ratio Chart

Onward Holdings Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.28 0.35 0.56 0.60

Onward Holdings Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.56 0.70 0.59 0.59 0.60

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

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.


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Onward Holdings Co 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=556.00/891.24
=0.62

* 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 Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Onward Holdings Co's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=620.928/110.8000*110.8000
=620.928

Current CPI (Feb. 2025) = 110.8000.

Onward Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201505 1,171.586 98.700 1,315.215
201508 1,145.948 98.400 1,290.356
201511 1,146.865 98.100 1,295.338
201602 1,106.673 97.800 1,253.777
201605 1,078.688 98.200 1,217.094
201608 1,044.488 97.900 1,182.117
201611 1,081.743 98.600 1,215.589
201702 1,121.795 98.100 1,267.022
201705 1,116.409 98.600 1,254.545
201708 1,116.788 98.500 1,256.245
201711 1,166.882 99.100 1,304.647
201802 1,160.145 99.500 1,291.900
201805 1,139.678 99.300 1,271.665
201808 1,131.245 99.800 1,255.931
201811 1,165.257 100.000 1,291.105
201902 1,152.346 99.700 1,280.641
201905 1,139.129 100.000 1,262.155
201908 901.978 100.000 999.392
201911 910.350 100.500 1,003.650
202002 668.760 100.300 738.770
202005 575.374 100.100 636.878
202008 480.847 100.100 532.246
202011 479.388 99.500 533.831
202102 419.329 99.800 465.548
202105 434.683 99.400 484.536
202108 480.737 99.700 534.259
202111 482.367 100.100 533.929
202202 494.028 100.700 543.578
202205 519.619 101.800 565.558
202208 526.616 102.700 568.150
202211 551.595 103.900 588.226
202302 551.361 104.000 587.412
202305 558.692 105.100 588.992
202308 551.906 105.900 577.443
202311 572.155 106.900 593.029
202402 588.478 106.900 609.947
202405 607.361 108.100 622.531
202408 599.269 109.100 608.607
202411 602.547 110.000 606.929
202502 620.928 110.800 620.928

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.


Onward Holdings Co  (TSE:8016) 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.


Onward Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Onward Holdings Co 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 Headlines

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