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Credit Acceptance (Credit Acceptance) Cyclically Adjusted Revenue per Share : $92.18 (As of Dec. 2023)


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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 Dec. 2023 was $37.816. 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 $92.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Credit Acceptance's average Cyclically Adjusted Revenue Growth Rate was 17.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 21.70% 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 (2024-04-27), Credit Acceptance's current stock price is $526.60. Credit Acceptance's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $92.18. Credit Acceptance's Cyclically Adjusted PS Ratio of today is 5.71.

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 8.96.


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 43.04 51.20 64.16 78.74 92.18

Credit 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 78.74 82.69 86.32 89.81 92.18

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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.816/129.4194*129.4194
=37.816

Current CPI (Dec. 2023) = 129.4194.

Credit Acceptance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.055 99.695 9.159
201406 7.569 100.560 9.741
201409 7.796 100.428 10.047
201412 10.182 99.070 13.301
201503 8.688 99.621 11.287
201506 9.202 100.684 11.828
201509 9.459 100.392 12.194
201512 11.891 99.792 15.421
201603 10.427 100.470 13.431
201606 11.093 101.688 14.118
201609 11.508 101.861 14.621
201612 14.265 101.863 18.124
201703 13.271 102.862 16.697
201706 14.154 103.349 17.724
201709 14.586 104.136 18.127
201712 14.602 104.011 18.169
201803 15.143 105.290 18.613
201806 16.126 106.317 19.630
201809 16.951 106.507 20.598
201812 17.298 105.998 21.120
201903 18.470 107.251 22.288
201906 19.425 108.070 23.263
201909 19.872 108.329 23.741
201912 20.190 108.420 24.100
202003 21.292 108.902 25.304
202006 22.727 108.767 27.042
202009 23.860 109.815 28.120
202012 25.050 109.897 29.500
202103 26.347 111.754 30.512
202106 28.064 114.631 31.684
202109 29.673 115.734 33.182
202112 31.203 117.630 34.330
202203 31.753 121.301 33.878
202206 33.718 125.017 34.905
202209 34.256 125.227 35.403
202212 34.229 125.222 35.376
202303 34.399 127.348 34.959
202306 36.076 128.729 36.270
202309 36.288 129.860 36.165
202312 37.816 129.419 37.816

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


Credit Acceptance  (NAS:CACC) 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
=526.60/92.18
=5.71

* 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 8.96.


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 (Credit Acceptance) 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.
Executives
Wendy A Rummler officer: Senior VP, Human Resources 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Douglas W Busk officer: Sr. Vice President & Treasurer 25505 WEST TWELVE MILE ROAD, SOUTH FIELD MI 48034
Nicholas J Elliott officer: Chief Alignment Officer 25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034
Arthur L Smith officer: Chief Analytics Officer 25505 W 12 MILE ROAD, SOUTHFIELD MI 48034
Sean Edward Quinn director C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Thomas W Smith 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Scott J Vassalluzzo director, 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Donald A. Foss Irrevocable Trust Dated August 14, 2022 10 percent owner 39395 W. TWELVE MILE ROAD, SUITE 200, FARMINGTON HILLS MI 48331
Daniel A. Ulatowski officer: Chief Sales Officer 25505 W 12 MILE ROAD, SOUTHFIELD MI 48034
Andrew K Rostami officer: Chief Mktg and Product Officer 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Prescott General Partners Llc 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Ravi Mohan Valiyaveettil officer: Chief Technology Officer 25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034
Thomas N Tryforos director 323 RAILROAD AVE, GREENWICH CT 06830
Kenneth Booth officer: Chief Financial Officer 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Donald A Foss director, 10 percent owner, officer: Chairman 29777 TELEGRAPH ROAD, SUITE 2611, SOUTHFIELD MI 48034