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Accord Financial (Accord Financial) Shiller PE Ratio : 7.03 (As of Apr. 25, 2024)


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What is Accord Financial Shiller PE Ratio?

As of today (2024-04-25), Accord Financial's current share price is $4.85. Accord Financial's E10 for the quarter that ended in Dec. 2023 was $0.69. Accord Financial's Shiller PE Ratio for today is 7.03.

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

ACCFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.53   Med: 10.85   Max: 15.84
Current: 7.14

During the past years, Accord Financial's highest Shiller PE Ratio was 15.84. The lowest was 4.53. And the median was 10.85.

ACCFF's Shiller PE Ratio is ranked better than
78.04% of 296 companies
in the Credit Services industry
Industry Median: 14.405 vs ACCFF: 7.14

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.

Accord Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.663. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accord Financial Shiller PE Ratio Historical Data

The historical data trend for Accord Financial'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.

Accord Financial Shiller PE Ratio Chart

Accord Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 7.96 9.12 8.55 6.98

Accord Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.55 7.70 6.83 7.08 6.98

Competitive Comparison of Accord Financial's Shiller PE Ratio

For the Credit Services subindustry, Accord Financial'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.


Accord Financial's Shiller PE Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Accord Financial's Shiller PE Ratio falls into.



Accord Financial 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.

Accord Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.85/0.69
=7.03

* 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.

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

For example, Accord Financial'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)
=-0.663/125.4675*125.4675
=-0.663

Current CPI (Dec. 2023) = 125.4675.

Accord Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.090 98.604 0.115
201406 0.166 99.473 0.209
201409 0.236 99.394 0.298
201412 0.251 98.367 0.320
201503 0.163 99.789 0.205
201506 0.170 100.500 0.212
201509 0.226 100.421 0.282
201512 0.241 99.947 0.303
201603 0.136 101.054 0.169
201606 0.155 102.002 0.191
201609 0.114 101.765 0.141
201612 0.202 101.449 0.250
201703 0.112 102.634 0.137
201706 0.030 103.029 0.037
201709 0.195 103.345 0.237
201712 0.227 103.345 0.276
201803 0.116 105.004 0.139
201806 0.213 105.557 0.253
201809 0.238 105.636 0.283
201812 0.365 105.399 0.434
201903 0.142 106.979 0.167
201906 0.196 107.690 0.228
201909 0.257 107.611 0.300
201912 -0.061 107.769 -0.071
202003 -0.494 107.927 -0.574
202006 0.376 108.401 0.435
202009 0.053 108.164 0.061
202012 0.125 108.559 0.144
202103 0.239 110.298 0.272
202106 0.295 111.720 0.331
202109 0.245 112.905 0.272
202112 0.328 113.774 0.362
202203 0.292 117.646 0.311
202206 0.008 120.806 0.008
202209 0.157 120.648 0.163
202212 -0.309 120.964 -0.321
202303 0.175 122.702 0.179
202306 -0.023 124.203 -0.023
202309 -0.761 125.230 -0.762
202312 -0.663 125.468 -0.663

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.


Accord Financial  (OTCPK:ACCFF) 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.


Accord Financial Shiller PE Ratio Related Terms

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


Accord Financial (Accord Financial) Business Description

Traded in Other Exchanges
Address
40 Eglinton Avenue East, Suite 602, Toronto, ON, CAN, M4P 3A2
Accord Financial Corp is a provider of asset-based financial services to businesses. Its asset-based financial services include asset-based lending, including factoring, lease financing, working capital financing, credit protection and receivables management, and supply chain financing for importers. The company's revenue comprises interest, including discount fees, and factoring commissions from the company's asset-based financial services, including factoring and leasing, and is measured at the fair value of the consideration received. The company's geographical segments include Canada and the United States.