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WRLD (World Acceptance) E10 : $10.05 (As of Mar. 2025)


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What is World Acceptance E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E 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 Mar. 2025 was $8.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $10.05 for the trailing ten years ended in Mar. 2025.

During the past 12 months, World Acceptance's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 1.50% per year. During the past 5 years, the average E10 Growth Rate was 4.30% per year. During the past 10 years, the average E10 Growth Rate was 4.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of World Acceptance was 35.30% per year. The lowest was 1.50% per year. And the median was 18.85% per year.

As of today (2025-07-13), World Acceptance's current stock price is $170.60. World Acceptance's E10 for the quarter that ended in Mar. 2025 was $10.05. World Acceptance's Shiller PE Ratio of today is 16.98.

During the past 13 years, the highest Shiller PE Ratio of World Acceptance was 27.55. The lowest was 4.15. And the median was 12.37.


World Acceptance E10 Historical Data

The historical data trend for World Acceptance's E10 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 E10 Chart

World Acceptance Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.81 9.60 9.39 9.79 10.05

World Acceptance Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
E10 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 9.79 9.72 9.85 9.83 10.05

Competitive Comparison of World Acceptance's E10

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.


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World Acceptance E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, World Acceptance's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.13/134.9266*134.9266
=8.130

Current CPI (Mar. 2025) = 134.9266.

World Acceptance Quarterly Data

per share eps CPI Adj_EPS
201506 2.710 100.684 3.632
201509 2.220 100.392 2.984
201512 1.700 99.792 2.299
201603 3.247 100.470 4.361
201606 1.890 101.688 2.508
201609 1.760 101.861 2.331
201612 1.100 101.863 1.457
201703 3.626 102.862 4.756
201706 1.480 103.349 1.932
201709 1.100 104.136 1.425
201712 0.190 104.011 0.246
201803 3.180 105.290 4.075
201806 -2.370 106.317 -3.008
201809 1.560 106.507 1.976
201812 0.670 105.998 0.853
201903 4.087 107.251 5.142
201906 0.970 108.070 1.211
201909 0.310 108.329 0.386
201912 -0.870 108.420 -1.083
202003 3.033 108.902 3.758
202006 2.240 108.767 2.779
202009 1.960 109.815 2.408
202012 2.250 109.897 2.762
202103 6.595 111.754 7.962
202106 2.440 114.631 2.872
202109 1.940 115.734 2.262
202112 1.140 117.630 1.308
202203 2.896 121.301 3.221
202206 -1.490 125.017 -1.608
202209 -0.110 125.227 -0.119
202212 0.990 125.222 1.067
202303 4.115 127.348 4.360
202306 1.620 128.729 1.698
202309 2.710 129.860 2.816
202312 2.840 129.419 2.961
202403 5.903 131.776 6.044
202406 1.790 132.554 1.822
202409 3.990 133.029 4.047
202412 2.450 133.157 2.483
202503 8.130 134.927 8.130

Add all the adjusted EPS together and divide 10 will get our e10.


World Acceptance  (NAS:WRLD) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=170.60/10.05
=16.98

* 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 Shiller P/E Ratio of World Acceptance was 27.55. The lowest was 4.15. And the median was 12.37.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


World Acceptance E10 Related Terms

Thank you for viewing the detailed overview of World Acceptance's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


World Acceptance 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. The Company operates 1,024 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin.
Executives
Alice Lindsay Caulder officer: SVP, Human Resources 108 FREDERICK STREET, GREENVILLE SC 29607
Calmes John L Jr officer: VP, CFO and Treasurer C/O WORLD ACCEPTANCE CORPORATION, 108 FREDERICK STREET, GREENVILLE SC 29607
Prescott General Partners Llc 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Scott Mcintyre officer: SVP, Accounting 108 FREDERICK STREET, GREENVILLE SC 29607
Luke J. Umstetter officer: SVP, General Counsel 104 SOUTH MAIN STREET, SUITE 400, GREENVILLE SC 29601
Jason E. Childers officer: SVP, IT Strategic Solutions 108 FREDERICK STREET, GREENVILLE SC 29607
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Thomas W Smith 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Darrell E Whitaker director 14 BATSON ORCHARD CT., TAYLORS SC 29687
R Chad Prashad officer: See remarks 108 FREDERICK STREET, GREENVILLE SC 29607
Daniel Clinton Dyer officer: SVP, CENTRAL DIVISION 230 4TH AVENUE NORTH SUITE 500, NASHVILLE TN 37219
Charles D Way director
Elizabeth R. Neuhoff director 146 SOTA DRIVE, JUPITER FL 33458
Robinson Benjamin E Iii director 325 CORPORATE DRIVE, PORTSMOUTH NH 03885
Bramlett Ken R Jr director 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217