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Credit Acceptance (Credit Acceptance) Cyclically Adjusted PS Ratio : 5.13 (As of May. 20, 2024)


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What is Credit Acceptance Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Credit Acceptance's current share price is $497.00. Credit Acceptance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $96.89. Credit Acceptance's Cyclically Adjusted PS Ratio for today is 5.13.

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

CACC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.5   Med: 8.96   Max: 14.15
Current: 5.13

During the past years, Credit Acceptance's highest Cyclically Adjusted PS Ratio was 14.15. The lowest was 4.50. And the median was 8.96.

CACC's Cyclically Adjusted PS Ratio is ranked worse than
65.96% of 376 companies
in the Credit Services industry
Industry Median: 2.905 vs CACC: 5.13

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.

Credit Acceptance's adjusted revenue per share data for the three months ended in Mar. 2024 was $39.669. 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 $96.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Acceptance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Acceptance'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.

Credit Acceptance Cyclically Adjusted PS Ratio Chart

Credit Acceptance 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 10.28 6.76 10.72 6.03 5.78

Credit Acceptance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.27 5.88 5.12 5.78 5.69

Competitive Comparison of Credit Acceptance's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Credit Acceptance'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.


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

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

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



Credit Acceptance 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.

Credit Acceptance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=497.00/96.89
=5.13

* 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.

Credit Acceptance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Credit Acceptance's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=39.669/131.7762*131.7762
=39.669

Current CPI (Mar. 2024) = 131.7762.

Credit Acceptance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.569 100.560 9.919
201409 7.796 100.428 10.230
201412 10.182 99.070 13.543
201503 8.688 99.621 11.492
201506 9.202 100.684 12.044
201509 9.459 100.392 12.416
201512 11.891 99.792 15.702
201603 10.427 100.470 13.676
201606 11.093 101.688 14.375
201609 11.508 101.861 14.888
201612 14.265 101.863 18.454
201703 13.271 102.862 17.001
201706 14.154 103.349 18.047
201709 14.586 104.136 18.458
201712 14.602 104.011 18.500
201803 15.143 105.290 18.952
201806 16.126 106.317 19.988
201809 16.951 106.507 20.973
201812 17.298 105.998 21.505
201903 18.470 107.251 22.694
201906 19.425 108.070 23.686
201909 19.872 108.329 24.173
201912 20.190 108.420 24.539
202003 21.292 108.902 25.764
202006 22.727 108.767 27.535
202009 23.860 109.815 28.632
202012 25.050 109.897 30.037
202103 26.347 111.754 31.067
202106 28.064 114.631 32.261
202109 29.673 115.734 33.786
202112 31.203 117.630 34.956
202203 31.753 121.301 34.495
202206 33.718 125.017 35.541
202209 34.256 125.227 36.048
202212 34.229 125.222 36.021
202303 34.346 127.348 35.540
202306 36.076 128.729 36.930
202309 36.288 129.860 36.824
202312 37.816 129.419 38.505
202403 39.669 131.776 39.669

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.


Credit Acceptance  (NAS:CACC) 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.


Credit Acceptance Cyclically Adjusted PS Ratio Related Terms

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


Credit Acceptance (Credit Acceptance) Business Description

Traded in Other Exchanges
Address
25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339
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.
Executives
Wendy A Rummler officer: Senior VP, Human Resources 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Douglas W Busk officer: Sr. Vice President & Treasurer 25505 WEST TWELVE MILE ROAD, SOUTH FIELD MI 48034
Nicholas J Elliott officer: Chief Alignment Officer 25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034
Arthur L Smith officer: Chief Analytics Officer 25505 W 12 MILE ROAD, SOUTHFIELD MI 48034
Sean Edward Quinn director C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Thomas W Smith 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Scott J Vassalluzzo director, 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Donald A. Foss Irrevocable Trust Dated August 14, 2022 10 percent owner 39395 W. TWELVE MILE ROAD, SUITE 200, FARMINGTON HILLS MI 48331
Daniel A. Ulatowski officer: Chief Sales Officer 25505 W 12 MILE ROAD, SOUTHFIELD MI 48034
Andrew K Rostami officer: Chief Mktg and Product Officer 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Prescott General Partners Llc 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Ravi Mohan Valiyaveettil officer: Chief Technology Officer 25505 WEST TWELVE MILE RD, SOUTHFIELD MI 48034
Thomas N Tryforos director 323 RAILROAD AVE, GREENWICH CT 06830
Kenneth Booth officer: Chief Financial Officer 25505 WEST TWELVE MILE ROAD, SOUTHFIELD MI 48034
Donald A Foss director, 10 percent owner, officer: Chairman 29777 TELEGRAPH ROAD, SUITE 2611, SOUTHFIELD MI 48034

Credit Acceptance (Credit Acceptance) Headlines

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