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Onward Holdings Co (TSE:8016) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Onward Holdings Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Onward Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Onward Holdings Co'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.

Onward Holdings Co Cyclically Adjusted PS Ratio Chart

Onward Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.15 0.17 0.20 -

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 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 0.20 0.22 0.31 0.30 -

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

For the Apparel Manufacturing subindustry, Onward Holdings Co'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.


Onward Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Onward Holdings Co 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.

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

For example, Onward Holdings Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=355.194/106.9000*106.9000
=355.194

Current CPI (Feb. 2024) = 106.9000.

Onward Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 463.718 98.100 505.316
201408 369.237 98.300 401.541
201411 475.790 97.900 519.530
201502 464.262 97.600 508.500
201505 433.103 98.700 469.085
201508 357.136 98.400 387.986
201511 448.267 98.100 488.479
201602 492.639 97.800 538.478
201605 422.561 98.200 459.998
201608 353.693 97.900 386.208
201611 399.202 98.600 432.806
201702 433.028 98.100 471.873
201705 412.946 98.600 447.707
201708 368.234 98.500 399.637
201711 446.630 99.100 481.784
201802 431.221 99.500 463.292
201805 424.895 99.300 457.415
201808 373.942 99.800 400.545
201811 457.408 100.000 488.969
201902 444.381 99.700 476.473
201905 468.673 100.000 501.011
201908 395.099 100.000 422.361
201911 477.089 100.500 507.471
202002 484.069 100.300 515.922
202005 315.735 100.100 337.184
202008 285.603 100.100 305.005
202011 375.376 99.500 403.293
202102 322.065 99.800 344.977
202105 338.910 99.400 364.482
202108 255.646 99.700 274.108
202111 320.702 100.100 342.488
202202 324.501 100.700 344.480
202205 327.962 101.800 344.392
202208 277.329 102.700 288.671
202211 354.210 103.900 364.437
202302 335.791 104.000 345.154
202305 367.295 105.100 373.585
202308 298.286 105.900 301.103
202311 374.937 106.900 374.937
202402 355.194 106.900 355.194

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.


Onward Holdings Co  (TSE:8016) 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.


Onward Holdings Co Cyclically Adjusted PS Ratio Related Terms

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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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