Credit Acceptance Forward PE Ratio Historical Data
The historical data trend for Credit Acceptance's Forward 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.
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Credit Acceptance Forward PE Ratio Chart
Credit Acceptance Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-04
Forward PE Ratio
14.39
12.58
11.96
12.32
11.98
12.38
15.13
9.93
12.71
13.76
Credit Acceptance Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
Forward PE Ratio
14.39
11.11
11.21
11.96
12.58
11.07
13.76
13.04
11.96
13.07
13.57
14.71
12.32
14.04
14.18
12.22
11.98
13.18
28.82
10.68
12.38
12.12
12.36
16.37
15.13
11.61
10.63
8.29
9.93
10.27
12.45
10.29
12.71
14.14
Competitive Comparison of Credit Acceptance's Forward PE Ratio
For the Credit Services subindustry, Credit Acceptance's Forward PE Ratio, along with its competitors' market caps and Forward 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.
Credit Acceptance's Forward PE Ratio Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Credit Acceptance's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Credit Acceptance's Forward PE Ratio falls into.
Credit Acceptance Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Credit Acceptance (NAS:CACC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Credit Acceptance Forward PE Ratio Related Terms
Thank you for viewing the detailed overview of Credit Acceptance's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Credit Acceptance (Credit Acceptance) Business Description
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.
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