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Accord Financial (Accord Financial) Cyclically Adjusted PS Ratio : 0.94 (As of Apr. 29, 2024)


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What is Accord Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Accord Financial's current share price is $4.85. Accord Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.14. Accord Financial's Cyclically Adjusted PS Ratio for today is 0.94.

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

ACCFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.64   Max: 3.75
Current: 0.92

During the past years, Accord Financial's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 0.83. And the median was 2.64.

ACCFF's Cyclically Adjusted PS Ratio is ranked better than
79.89% of 368 companies
in the Credit Services industry
Industry Median: 2.875 vs ACCFF: 0.92

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.

Accord Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.229. 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 $5.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accord Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Accord Financial'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.

Accord Financial Cyclically Adjusted PS Ratio Chart

Accord Financial 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 2.70 1.78 2.02 1.68 0.94

Accord Financial 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 1.68 1.51 1.30 1.16 0.94

Competitive Comparison of Accord Financial's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Accord Financial'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.


Accord Financial's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Accord Financial's Cyclically Adjusted PS Ratio falls into.



Accord Financial 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.

Accord Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.85/5.14
=0.94

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Accord Financial'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)
=1.229/125.4675*125.4675
=1.229

Current CPI (Dec. 2023) = 125.4675.

Accord Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.663 98.604 0.844
201406 0.756 99.473 0.954
201409 0.821 99.394 1.036
201412 0.762 98.367 0.972
201503 0.672 99.789 0.845
201506 0.684 100.500 0.854
201509 0.719 100.421 0.898
201512 0.643 99.947 0.807
201603 0.592 101.054 0.735
201606 0.603 102.002 0.742
201609 0.586 101.765 0.722
201612 0.653 101.449 0.808
201703 0.538 102.634 0.658
201706 0.477 103.029 0.581
201709 0.716 103.345 0.869
201712 0.795 103.345 0.965
201803 0.797 105.004 0.952
201806 0.810 105.557 0.963
201809 0.966 105.636 1.147
201812 0.856 105.399 1.019
201903 0.758 106.979 0.889
201906 0.865 107.690 1.008
201909 0.963 107.611 1.123
201912 0.919 107.769 1.070
202003 0.674 107.927 0.784
202006 0.667 108.401 0.772
202009 0.835 108.164 0.969
202012 0.922 108.559 1.066
202103 0.941 110.298 1.070
202106 1.128 111.720 1.267
202109 1.102 112.905 1.225
202112 1.254 113.774 1.383
202203 1.042 117.646 1.111
202206 1.008 120.806 1.047
202209 0.868 120.648 0.903
202212 0.975 120.964 1.011
202303 0.916 122.702 0.937
202306 0.829 124.203 0.837
202309 0.890 125.230 0.892
202312 1.229 125.468 1.229

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.


Accord Financial  (OTCPK:ACCFF) 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.


Accord Financial Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Accord Financial's Cyclically Adjusted PS 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.