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World Acceptance (FRA:WOA) Shiller PE Ratio : 14.77 (As of May. 06, 2024)


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What is World Acceptance Shiller PE Ratio?

As of today (2024-05-06), World Acceptance's current share price is €130.00. World Acceptance's E10 for the quarter that ended in Dec. 2023 was €8.80. World Acceptance's Shiller PE Ratio for today is 14.77.

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

FRA:WOA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.15   Med: 13.43   Max: 27.55
Current: 14.68

During the past years, World Acceptance's highest Shiller PE Ratio was 27.55. The lowest was 4.15. And the median was 13.43.

FRA:WOA's Shiller PE Ratio is ranked better than
50% of 300 companies
in the Credit Services industry
Industry Median: 14.84 vs FRA:WOA: 14.68

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.

World Acceptance's adjusted earnings per share data for the three months ended in Dec. 2023 was €2.604. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €8.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


World Acceptance Shiller PE Ratio Historical Data

The historical data trend for World Acceptance'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.

World Acceptance Shiller PE Ratio Chart

World Acceptance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 14.72 19.98 8.87 -

World Acceptance 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 8.87 14.24 13.36 13.76 -

Competitive Comparison of World Acceptance's Shiller PE Ratio

For the Credit Services subindustry, World Acceptance'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.


World Acceptance's Shiller PE Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where World Acceptance's Shiller PE Ratio falls into.



World Acceptance 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.

World Acceptance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=130.00/8.8
=14.77

* 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.

World Acceptance's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, World Acceptance'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)
=2.604/129.4194*129.4194
=2.604

Current CPI (Dec. 2023) = 129.4194.

World Acceptance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.545 99.695 3.304
201406 1.708 100.560 2.198
201409 1.785 100.428 2.300
201412 1.630 99.070 2.129
201503 4.934 99.621 6.410
201506 2.415 100.684 3.104
201509 1.978 100.392 2.550
201512 1.561 99.792 2.024
201603 2.916 100.470 3.756
201606 1.682 101.688 2.141
201609 1.568 101.861 1.992
201612 1.043 101.863 1.325
201703 3.391 102.862 4.266
201706 1.317 103.349 1.649
201709 0.923 104.136 1.147
201712 0.161 104.011 0.200
201803 2.579 105.290 3.170
201806 -2.029 106.317 -2.470
201809 1.337 106.507 1.625
201812 0.589 105.998 0.719
201903 3.617 107.251 4.365
201906 0.858 108.070 1.028
201909 0.281 108.329 0.336
201912 -0.783 108.420 -0.935
202003 2.745 108.902 3.262
202006 1.989 108.767 2.367
202009 1.664 109.815 1.961
202012 1.849 109.897 2.177
202103 5.540 111.754 6.416
202106 2.025 114.631 2.286
202109 1.649 115.734 1.844
202112 1.009 117.630 1.110
202203 2.629 121.301 2.805
202206 -1.410 125.017 -1.460
202209 -0.111 125.227 -0.115
202212 0.935 125.222 0.966
202303 3.844 127.348 3.907
202306 1.495 128.729 1.503
202309 2.539 129.860 2.530
202312 2.604 129.419 2.604

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.


World Acceptance  (FRA:WOA) 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.


World Acceptance Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of World Acceptance's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


World Acceptance (FRA:WOA) Business Description

Traded in Other Exchanges
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.

World Acceptance (FRA:WOA) Headlines

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