On Holding AG (ONON) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles...
On Holding AG (ONON) currently trades at a P/E ratio of 43.14 (historical range: 42.32–56.88, median: 51.10), placing it at the 7th percentile — cheap relative to its history, P/S ratio of 2.92 (range: 2.86–3.84, 7th percentile — cheap relative to its history), EV/EBITDA of 21.83 (range: 21.39–29.25, 7th percentile).
On Holding AG appears significantly undervalued relative to its historical range, trading at depressed multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 43.14 | 42.32 | 51.10 | 56.88 | 7th | cheap relative to its history |
| P/S Ratio | 2.92 | 2.86 | 3.45 | 3.84 | 7th | cheap relative to its history |
| EV/EBITDA | 21.83 | 21.39 | 26.13 | 29.25 | 7th | cheap relative to its history |