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World Acceptance (World Acceptance) Cyclically Adjusted Revenue per Share : $81.49 (As of Dec. 2023)


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What is World 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.

World Acceptance's adjusted revenue per share for the three months ended in Dec. 2023 was $21.512. 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 $81.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, World Acceptance's average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% 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 World Acceptance was 17.70% per year. The lowest was 9.30% per year. And the median was 15.30% per year.

As of today (2024-04-27), World Acceptance's current stock price is $140.46. World Acceptance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $81.49. World Acceptance's Cyclically Adjusted PS Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of World Acceptance was 3.92. The lowest was 0.74. And the median was 1.89.


World Acceptance Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for World 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.

World Acceptance Cyclically Adjusted Revenue per Share Chart

World Acceptance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.76 55.71 61.28 71.11 78.83

World Acceptance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 76.71 78.83 80.35 81.47 81.49

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

For the Credit Services subindustry, World 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.


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

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

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



World 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, World Acceptance'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)
=21.512/129.4194*129.4194
=21.512

Current CPI (Dec. 2023) = 129.4194.

World Acceptance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.161 99.695 17.085
201406 14.409 100.560 18.544
201409 15.347 100.428 19.777
201412 15.492 99.070 20.238
201503 17.786 99.621 23.106
201506 15.123 100.684 19.439
201509 14.932 100.392 19.250
201512 15.246 99.792 19.772
201603 15.754 100.470 20.293
201606 13.853 101.688 17.631
201609 14.055 101.861 17.858
201612 14.294 101.863 18.161
201703 11.254 102.862 14.160
201706 12.733 103.349 15.945
201709 12.832 104.136 15.948
201712 13.504 104.011 16.803
201803 14.862 105.290 18.268
201806 12.814 106.317 15.598
201809 13.231 106.507 16.077
201812 14.334 105.998 17.501
201903 16.913 107.251 20.409
201906 15.118 108.070 18.105
201909 16.489 108.329 19.699
201912 19.369 108.420 23.120
202003 21.167 108.902 25.155
202006 17.076 108.767 20.318
202009 17.299 109.815 20.387
202012 19.163 109.897 22.567
202103 21.960 111.754 25.431
202106 19.231 114.631 21.712
202109 20.445 115.734 22.863
202112 21.612 117.630 23.778
202203 25.564 121.301 27.275
202206 25.561 125.017 26.461
202209 24.140 125.227 24.948
202212 22.616 125.222 23.374
202303 23.354 127.348 23.734
202306 21.572 128.729 21.688
202309 20.935 129.860 20.864
202312 21.512 129.419 21.512

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


World Acceptance  (NAS:WRLD) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=140.46/81.49
=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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of World Acceptance was 3.92. The lowest was 0.74. And the median was 1.89.


Be Aware

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


World Acceptance Cyclically Adjusted Revenue per Share Related Terms

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


World Acceptance (World Acceptance) Business Description

Traded in Other Exchanges
N/A
Address
104 South Main Street, Greenville, SC, USA, 29601
World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals.
Executives
Calmes John L Jr officer: VP, CFO and Treasurer C/O WORLD ACCEPTANCE CORPORATION, 108 FREDERICK STREET, GREENVILLE SC 29607
Jason E. Childers officer: SVP, IT Strategic Solutions 108 FREDERICK STREET, GREENVILLE SC 29607
Scott Mcintyre officer: SVP, Accounting 108 FREDERICK STREET, GREENVILLE SC 29607
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Thomas W Smith 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Luke J. Umstetter officer: SVP, General Counsel 104 SOUTH MAIN STREET, SUITE 400, GREENVILLE SC 29601
Darrell E Whitaker director 14 BATSON ORCHARD CT., TAYLORS SC 29687
R Chad Prashad officer: See remarks 108 FREDERICK STREET, GREENVILLE SC 29607
Alice Lindsay Caulder officer: SVP, Human Resources 108 FREDERICK STREET, GREENVILLE SC 29607
Daniel Clinton Dyer officer: SVP, CENTRAL DIVISION 230 4TH AVENUE NORTH SUITE 500, NASHVILLE TN 37219
Charles D Way director
Elizabeth R. Neuhoff director 146 SOTA DRIVE, JUPITER FL 33458
Robinson Benjamin E Iii director 325 CORPORATE DRIVE, PORTSMOUTH NH 03885
Bramlett Ken R Jr director 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Alison N Labruyere officer: SVP and General Counsel 108 FREDERICK STREET, GREENVILLE SC 29607