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Credit Acceptance (FRA:2D5) Cyclically Adjusted Revenue per Share : €88.71 (As of Mar. 2024)


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What is Credit Acceptance Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Credit Acceptance's adjusted revenue per share for the three months ended in Mar. 2024 was €36.496. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €88.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Credit Acceptance's average Cyclically Adjusted Revenue Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 21.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Credit Acceptance was 22.90% per year. The lowest was 11.80% per year. And the median was 20.80% per year.

As of today (2024-06-10), Credit Acceptance's current stock price is €438.00. Credit Acceptance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €88.71. Credit Acceptance's Cyclically Adjusted PS Ratio of today is 4.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Credit Acceptance was 14.15. The lowest was 4.50. And the median was 8.93.


Credit Acceptance Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Credit Acceptance's Cyclically Adjusted Revenue per Share 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.

Credit Acceptance Cyclically Adjusted Revenue per Share Chart

Credit Acceptance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.75 39.94 54.58 72.70 82.01

Credit Acceptance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 73.20 78.17 84.71 82.01 88.71

Competitive Comparison of Credit Acceptance's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, Credit Acceptance'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.


Credit Acceptance's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Credit Acceptance's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Credit Acceptance's Cyclically Adjusted PS Ratio falls into.



Credit Acceptance Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Credit Acceptance's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=36.496/131.7762*131.7762
=36.496

Current CPI (Mar. 2024) = 131.7762.

Credit Acceptance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.571 100.560 7.300
201409 6.050 100.428 7.938
201412 8.258 99.070 10.984
201503 8.027 99.621 10.618
201506 8.199 100.684 10.731
201509 8.428 100.392 11.063
201512 10.916 99.792 14.415
201603 9.363 100.470 12.280
201606 9.872 101.688 12.793
201609 10.254 101.861 13.265
201612 13.523 101.863 17.494
201703 12.408 102.862 15.896
201706 12.597 103.349 16.062
201709 12.238 104.136 15.486
201712 12.339 104.011 15.633
201803 12.281 105.290 15.370
201806 13.804 106.317 17.110
201809 14.527 106.507 17.974
201812 15.205 105.998 18.903
201903 16.346 107.251 20.084
201906 17.191 108.070 20.962
201909 18.044 108.329 21.949
201912 18.171 108.420 22.085
202003 19.270 108.902 23.318
202006 20.181 108.767 24.450
202009 20.257 109.815 24.308
202012 20.592 109.897 24.692
202103 22.131 111.754 26.096
202106 23.293 114.631 26.777
202109 25.222 115.734 28.718
202112 27.615 117.630 30.936
202203 28.832 121.301 31.322
202206 31.897 125.017 33.622
202209 34.599 125.227 36.409
202212 32.312 125.222 34.003
202303 32.079 127.348 33.195
202306 33.298 128.729 34.086
202309 34.002 129.860 34.504
202312 34.677 129.419 35.308
202403 36.496 131.776 36.496

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Credit Acceptance  (FRA:2D5) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Credit Acceptance's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=438.00/88.71
=4.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Credit Acceptance was 14.15. The lowest was 4.50. And the median was 8.93.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Credit Acceptance Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Credit Acceptance's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Acceptance (FRA:2D5) Business Description

Traded in Other Exchanges
Address
25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Credit Acceptance (FRA:2D5) Headlines

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