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World Acceptance (World Acceptance) Price-to-Tangible-Book

: 2.11 (As of Today)
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As of today (2024-04-19), World Acceptance's share price is $134.84. World Acceptance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $63.81. Hence, World Acceptance's Price to Tangible Book Ratio of today is 2.11.

The historical rank and industry rank for World Acceptance's Price-to-Tangible-Book or its related term are showing as below:

WRLD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.96   Max: 4.28
Current: 2.11

During the past 13 years, World Acceptance's highest Price to Tangible Book Ratio was 4.28. The lowest was 0.70. And the median was 1.96.

WRLD's Price-to-Tangible-Book is ranked worse than
75.81% of 496 companies
in the Credit Services industry
Industry Median: 1.085 vs WRLD: 2.11

A closely related ratio is called PB Ratio. As of today, World Acceptance's share price is $134.84. World Acceptance's Book Value per Sharefor the quarter that ended in Dec. 2023 was $67.02. Hence, World Acceptance's P/B Ratio of today is 2.01.


World Acceptance Price-to-Tangible-Book Historical Data

The historical data trend for World Acceptance's Price-to-Tangible-Book 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 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 1.12 2.36 3.52 1.43

World Acceptance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 1.22 1.43 2.23 2.04 2.05

Competitive Comparison

For the Credit Services subindustry, World Acceptance's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Credit Services industry and Financial Services sector, World Acceptance's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where World Acceptance's Price-to-Tangible-Book falls into.



World Acceptance Price-to-Tangible-Book Calculation

World Acceptance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=134.84/63.811
=2.11

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


World Acceptance Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of World Acceptance's Price-to-Tangible-Book 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