As of Jul 25, 2024, the CACC stock has a PE ratio of 29.25. The calculation is based on the latest EPS of $19.62 and the stock price of $573.93 per share. An increase of 28% has been observed in the PE ratio compared to its average of 22.8 of the last four quarters.
The mean historical PE ratio of Credit Acceptance over the last ten years is 13.96. The current 29.25 P/E ratio is 110% higher than the historical average. Looking back at the last ten years, CACC's PE ratio peaked in the Mar 2024 quarter at 28.11, with a price of $551.55 and an EPS of $19.62. The Jun 2021 quarter marked the lowest point at 8.73, with a price of $454.11 and an EPS of $52.
Maximum annual increase: 100.83% in 2023
Maximum annual decrease: -21.44% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.12 | 100.83% |
| 2022 | 12.01 | 4.07% |
| 2021 | 11.54 | -21.44% |
| 2020 | 14.69 | 15.31% |
| 2019 | 12.74 | -1.47% |
| 2018 | 12.93 | -3.58% |
| 2017 | 13.41 | 0.9% |
| 2016 | 13.29 | -10.87% |
| 2015 | 14.91 | 30.67% |
| 2014 | 11.41 | -6.86% |
CACC's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peer stocks ALLY and RM, CACC's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RM Regional Management Corp | 13.45 | $314.11M |
| ALLY Ally Financial Inc | 17.96 | $13.37B |
| CACC Credit Acceptance Corp | 29.24 | $6.95B |
| FNMA Federal National Mortgage Association Fannie Mae | N/A | $1.56B |
| ASPS Altisource Portfolio Solutions SA | N/A | $38.28M |
CACC's price to earnings ratio is 29.25 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for CACC stock is 15.15.
Over the last 5 years, the average price to earnings ratio for CACC stock is 14.48.
The current PE of 29.25 represents the highest historical value in the last ten years.
CACC's current price to earnings ratio is 110% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Credit Acceptance's share price is $573.93. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $19.62. Therefore, Credit Acceptance's PE ratio for today is 29.25. PE RATIO(29.25) = STOCK PRICE($573.93) / TTM EPS($19.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.