GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OneMain Holdings Inc (NYSE:OMF) » Definitions » Shiller PE Ratio

OneMain Holdings (OneMain Holdings) Shiller PE Ratio : 10.20 (As of May. 01, 2024)


View and export this data going back to 2013. Start your Free Trial

What is OneMain Holdings Shiller PE Ratio?

As of today (2024-05-01), OneMain Holdings's current share price is $51.015. OneMain Holdings's E10 for the quarter that ended in Dec. 2023 was $5.00. OneMain Holdings's Shiller PE Ratio for today is 10.20.

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

OMF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.27   Med: 13.5   Max: 30.33
Current: 10.2

During the past years, OneMain Holdings's highest Shiller PE Ratio was 30.33. The lowest was 7.27. And the median was 13.50.

OMF's Shiller PE Ratio is ranked better than
63.55% of 299 companies
in the Credit Services industry
Industry Median: 14.67 vs OMF: 10.20

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.

OneMain Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.378. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


OneMain Holdings Shiller PE Ratio Historical Data

The historical data trend for OneMain Holdings's Shiller PE 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 Shiller PE Ratio Chart

OneMain Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 25.80 15.91 7.81 9.85

OneMain Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 8.24 9.56 8.20 9.85 -

Competitive Comparison of OneMain Holdings's Shiller PE Ratio

For the Credit Services subindustry, OneMain Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, OneMain Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where OneMain Holdings's Shiller PE Ratio falls into.



OneMain Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

OneMain Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=51.015/5
=10.20

* 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 E10 for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.378/129.4194*129.4194
=1.378

Current CPI (Dec. 2023) = 129.4194.

OneMain Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.450 99.695 0.584
201406 0.630 100.560 0.811
201409 3.700 100.428 4.768
201412 -0.410 99.070 -0.536
201503 0.000 99.621 0.000
201506 -0.090 100.684 -0.116
201509 -0.100 100.392 -0.129
201512 -1.630 99.792 -2.114
201603 1.010 100.470 1.301
201606 0.190 101.688 0.242
201609 0.190 101.861 0.241
201612 0.200 101.863 0.254
201703 0.250 102.862 0.315
201706 0.300 103.349 0.376
201709 0.510 104.136 0.634
201712 0.290 104.011 0.361
201803 0.910 105.290 1.119
201806 0.050 106.317 0.061
201809 1.090 106.507 1.324
201812 1.237 105.998 1.510
201903 1.110 107.251 1.339
201906 1.420 108.070 1.701
201909 1.820 108.329 2.174
201912 1.910 108.420 2.280
202003 0.240 108.902 0.285
202006 0.660 108.767 0.785
202009 1.860 109.815 2.192
202012 2.670 109.897 3.144
202103 3.060 111.754 3.544
202106 2.600 114.631 2.935
202109 2.170 115.734 2.427
202112 2.020 117.630 2.222
202203 2.380 121.301 2.539
202206 1.670 125.017 1.729
202209 1.490 125.227 1.540
202212 1.480 125.222 1.530
202303 1.480 127.348 1.504
202306 0.850 128.729 0.855
202309 1.610 129.860 1.605
202312 1.378 129.419 1.378

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


OneMain Holdings Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of OneMain Holdings's Shiller PE 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