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OneMain Holdings (OneMain Holdings) Cyclically Adjusted PS Ratio : 1.72 (As of May. 01, 2024)


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What is OneMain Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-01), OneMain Holdings's current share price is $50.785. OneMain Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $29.49. OneMain Holdings's Cyclically Adjusted PS Ratio for today is 1.72.

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

OMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.64   Max: 2.94
Current: 1.72

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.

OMF's Cyclically Adjusted PS Ratio is ranked better than
63.22% of 367 companies
in the Credit Services industry
Industry Median: 2.91 vs OMF: 1.72

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 Dec. 2023 was $9.197. 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 $29.49 for the trailing ten years ended in Dec. 2023.

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 -

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
=50.785/29.49
=1.72

* 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 Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.197/129.4194*129.4194
=9.197

Current CPI (Dec. 2023) = 129.4194.

OneMain Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.978 99.695 5.164
201406 3.786 100.560 4.873
201409 8.707 100.428 11.221
201412 1.724 99.070 2.252
201503 2.625 99.621 3.410
201506 2.323 100.684 2.986
201509 2.291 100.392 2.953
201512 4.274 99.792 5.543
201603 5.493 100.470 7.076
201606 5.224 101.688 6.649
201609 5.282 101.861 6.711
201612 5.277 101.863 6.705
201703 5.149 102.862 6.478
201706 5.291 103.349 6.626
201709 5.556 104.136 6.905
201712 5.879 104.011 7.315
201803 5.887 105.290 7.236
201806 6.119 106.317 7.449
201809 6.245 106.507 7.588
201812 6.485 105.998 7.918
201903 6.528 107.251 7.877
201906 6.826 108.070 8.175
201909 7.179 108.329 8.577
201912 6.696 108.420 7.993
202003 7.287 108.902 8.660
202006 7.099 108.767 8.447
202009 7.234 109.815 8.525
202012 7.321 109.897 8.622
202103 7.144 111.754 8.273
202106 7.360 114.631 8.309
202109 7.764 115.734 8.682
202112 8.081 117.630 8.891
202203 8.096 121.301 8.638
202206 8.364 125.017 8.659
202209 8.602 125.227 8.890
202212 8.701 125.222 8.993
202303 8.531 127.348 8.670
202306 8.769 128.729 8.816
202309 8.985 129.860 8.955
202312 9.197 129.419 9.197

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  (NYSE:OMF) 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 (OneMain Holdings) 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.
Executives
Rajive Chadha officer: Chief Operating Officer & EVP C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Douglas H. Shulman director, officer: President and CEO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Toos Daruvala director 12 SYCAMORE ROAD, SCARSDALE NY 10583
Philip Bronner director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Uniform Investco Sub L.p. other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE SOUTH, SUITE 3300, MINNEAPOLIS MN 55402
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
George G Hicks other: See Remarks 901 MARQUETTE AVENUE SOUTH, SUITE 3300, MINNEAPOLIS MN 55402
Jay N. Levine director, officer: President and CEO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Lisa Green Hall director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Micah R. Conrad officer: EVP and CFO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Richard A Smith director 175 PARK AVENUE, MADISON NJ 07940
Varde Investment Partners Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402
Varde Skyway Fund Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402
Varde Credit Partners Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402