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Enova International (FRA:27E) Cyclically Adjusted PB Ratio : 2.91 (As of Jun. 10, 2024)


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What is Enova International Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Enova International's current share price is €54.00. Enova International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.58. Enova International's Cyclically Adjusted PB Ratio for today is 2.91.

The historical rank and industry rank for Enova International's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:27E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 2.94   Max: 4.13
Current: 2.89

During the past years, Enova International's highest Cyclically Adjusted PB Ratio was 4.13. The lowest was 1.96. And the median was 2.94.

FRA:27E's Cyclically Adjusted PB Ratio is ranked worse than
80.49% of 369 companies
in the Credit Services industry
Industry Median: 0.95 vs FRA:27E: 2.89

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Enova International's adjusted book value per share data for the three months ended in Mar. 2024 was €38.691. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €18.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enova International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Enova International's Cyclically Adjusted PB 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.

Enova International Cyclically Adjusted PB Ratio Chart

Enova International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.53 2.41 2.83

Enova International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 2.59 2.96 2.72 2.83 3.07

Competitive Comparison of Enova International's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Enova International's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Enova International's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Enova International's Cyclically Adjusted PB Ratio falls into.



Enova International Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Enova International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.00/18.58
=2.91

* 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.

Enova International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Enova International's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=38.691/131.7762*131.7762
=38.691

Current CPI (Mar. 2024) = 131.7762.

Enova International Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.731 100.560 3.579
201409 3.196 100.428 4.194
201412 3.784 99.070 5.033
201503 4.979 99.621 6.586
201506 5.267 100.684 6.894
201509 5.380 100.392 7.062
201512 5.709 99.792 7.539
201603 5.893 100.470 7.729
201606 6.013 101.688 7.792
201609 6.253 101.861 8.089
201612 6.882 101.863 8.903
201703 7.217 102.862 9.246
201706 7.265 103.349 9.263
201709 6.860 104.136 8.681
201712 7.104 104.011 9.000
201803 7.562 105.290 9.464
201806 8.364 106.317 10.367
201809 8.818 106.507 10.910
201812 9.102 105.998 11.316
201903 9.963 107.251 12.241
201906 10.583 108.070 12.905
201909 11.594 108.329 14.103
201912 10.279 108.420 12.493
202003 12.790 108.902 15.477
202006 14.048 108.767 17.020
202009 16.175 109.815 19.410
202012 21.085 109.897 25.283
202103 23.063 111.754 27.195
202106 24.618 114.631 28.300
202109 26.436 115.734 30.100
202112 28.332 117.630 31.739
202203 29.813 121.301 32.388
202206 32.571 125.017 34.332
202209 36.603 125.227 38.517
202212 35.864 125.222 37.741
202303 36.387 127.348 37.652
202306 37.355 128.729 38.239
202309 39.068 129.860 39.645
202312 39.095 129.419 39.807
202403 38.691 131.776 38.691

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Enova International  (FRA:27E) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Enova International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Enova International's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Enova International (FRA:27E) Business Description

Traded in Other Exchanges
Address
175 West Jackson Boulevard, Suite 1000, Chicago, IL, USA, 60604
Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.

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