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Encore Capital Group (Encore Capital Group) Cyclically Adjusted PS Ratio : 0.77 (As of Apr. 30, 2024)


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What is Encore Capital Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Encore Capital Group's current share price is $42.06. Encore Capital Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $54.35. Encore Capital Group's Cyclically Adjusted PS Ratio for today is 0.77.

The historical rank and industry rank for Encore Capital Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

ECPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.16   Max: 3.3
Current: 0.77

During the past years, Encore Capital Group's highest Cyclically Adjusted PS Ratio was 3.30. The lowest was 0.46. And the median was 1.16.

ECPG's Cyclically Adjusted PS Ratio is ranked better than
91.59% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs ECPG: 0.77

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.

Encore Capital Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $11.680. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $54.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Encore Capital Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Encore Capital Group's Cyclically Adjusted PS 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.

Encore Capital Group Cyclically Adjusted PS Ratio Chart

Encore Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.97 1.35 0.93 0.93

Encore Capital Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 0.93 0.96 0.90 0.88 0.93

Competitive Comparison of Encore Capital Group's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Encore Capital Group'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.


Encore Capital Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Encore Capital Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Encore Capital Group's Cyclically Adjusted PS Ratio falls into.



Encore Capital Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Encore Capital Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.06/54.35
=0.77

* 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.

Encore Capital Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Encore Capital Group'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)
=11.68/129.4194*129.4194
=11.680

Current CPI (Dec. 2023) = 129.4194.

Encore Capital Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.999 99.695 11.682
201406 9.792 100.560 12.602
201409 9.999 100.428 12.886
201412 9.117 99.070 11.910
201503 10.170 99.621 13.212
201506 10.500 100.684 13.497
201509 10.959 100.392 14.128
201512 11.241 99.792 14.578
201603 11.173 100.470 14.392
201606 11.187 101.688 14.238
201609 6.960 101.861 8.843
201612 10.445 101.863 13.271
201703 10.424 102.862 13.115
201706 11.023 103.349 13.804
201709 11.471 104.136 14.256
201712 12.025 104.011 14.963
201803 12.371 105.290 15.206
201806 13.243 106.317 16.121
201809 11.181 106.507 13.586
201812 11.142 105.998 13.604
201903 11.068 107.251 13.356
201906 11.038 108.070 13.219
201909 11.244 108.329 13.433
201912 11.034 108.420 13.171
202003 9.233 108.902 10.973
202006 13.499 108.767 16.062
202009 12.684 109.815 14.948
202012 12.023 109.897 14.159
202103 13.095 111.754 15.165
202106 13.616 114.631 15.373
202109 13.157 115.734 14.713
202112 11.903 117.630 13.096
202203 18.182 121.301 19.399
202206 13.514 125.017 13.990
202209 11.874 125.227 12.272
202212 9.526 125.222 9.845
202303 12.534 127.348 12.738
202306 13.305 128.729 13.376
202309 12.699 129.860 12.656
202312 11.680 129.419 11.680

Add all the adjusted revenue per share together and divide 10 will get our 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.


Encore Capital Group  (NAS:ECPG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Encore Capital Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Encore Capital Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Encore Capital Group (Encore Capital Group) Business Description

Traded in Other Exchanges
Address
350 Camino De La Reina, Suite 100, San Diego, CA, USA, 92108
Encore Capital Group Inc is a specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manage them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.
Executives
Jonathan C Clark officer: Executive VP, CFO & Treasurer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Laura Olle director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
John Yung officer: President, Intl. and Cabot 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
William C. Goings director 1015 A ST, TACOMA WA 98402
Andrew Eric Asch officer: SVP, General Counsel 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92627
Ryan B Bell officer: EVP and COO of MCM 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO, CA 92108
Gregory L. Call officer: Sr. VP, GC & Secretary 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Peter Reck officer: Chief Accounting Officer C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Wendy Hannam director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Craig A. Buick officer: Cabot Credit Management CEO 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
A. Knight Angela director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Jeffrey Albert Hilzinger director 3 CEDAR RIDGE DRIVE, CHESTER NJ 07930
Jcf Iii Europe Holdings L.p. 10 percent owner C/O J.C. FLOWERS & CO., 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
Ashish Masih officer: EVP, US Debt Purchasing & Ops. 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Kenneth J Stannard officer: Cabot Credit Management CEO 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108