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World Acceptance (World Acceptance) PE Ratio without NRI : 9.13 (As of Jun. 15, 2024)


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What is World Acceptance PE Ratio without NRI?

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2024-06-15), World Acceptance's share price is $119.41. World Acceptance's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $13.07. Therefore, World Acceptance's PE Ratio without NRI for today is 9.13.

During the past 13 years, World Acceptance's highest PE Ratio without NRI was 94.58. The lowest was 2.17. And the median was 12.24.

World Acceptance's EPS without NRI for the three months ended in Mar. 2024 was $5.90. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $13.07.

As of today (2024-06-15), World Acceptance's share price is $119.41. World Acceptance's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $13.07. Therefore, World Acceptance's PE Ratio for today is 9.13.

Good Sign:

World Acceptance Corp stock PE Ratio (=9.05) is close to 5-year low of 9.05

During the past years, World Acceptance's highest PE Ratio was 59.04. The lowest was 2.17. And the median was 12.67.

World Acceptance's EPS (Diluted) for the three months ended in Mar. 2024 was $5.90. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $13.07.

World Acceptance's EPS (Basic) for the three months ended in Mar. 2024 was $5.90. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $13.22.


World Acceptance PE Ratio without NRI Historical Data

The historical data trend for World Acceptance's PE Ratio without NRI 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 PE Ratio without NRI Chart

World Acceptance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.43 9.81 22.65 23.14 10.99

World Acceptance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PE Ratio without NRI 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 23.14 29.98 17.43 14.28 10.99

Competitive Comparison of World Acceptance's PE Ratio without NRI

For the Credit Services subindustry, World Acceptance's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, World Acceptance's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where World Acceptance's PE Ratio without NRI falls into.



World Acceptance PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.

World Acceptance's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=119.41/13.073
=9.13

World Acceptance's Share Price of today is $119.41.
World Acceptance's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.07.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


World Acceptance  (NAS:WRLD) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


World Acceptance PE Ratio without NRI Related Terms

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World Acceptance (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.
Executives
Calmes John L Jr officer: VP, CFO and Treasurer C/O WORLD ACCEPTANCE CORPORATION, 108 FREDERICK STREET, GREENVILLE SC 29607
Jason E. Childers officer: SVP, IT Strategic Solutions 108 FREDERICK STREET, GREENVILLE SC 29607
Scott Mcintyre officer: SVP, Accounting 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
Luke J. Umstetter officer: SVP, General Counsel 104 SOUTH MAIN STREET, SUITE 400, GREENVILLE SC 29601
Darrell E Whitaker director 14 BATSON ORCHARD CT., TAYLORS SC 29687
R Chad Prashad officer: See remarks 108 FREDERICK STREET, GREENVILLE SC 29607
Alice Lindsay Caulder officer: SVP, Human Resources 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
Alison N Labruyere officer: SVP and General Counsel 108 FREDERICK STREET, GREENVILLE SC 29607