As of Jul 26, 2024, the WRLD stock has a PE ratio of 8.93. The calculation is based on the latest EPS of $13.45 and the stock price of $120.16 per share. A decrease of 35% has been observed in the PE ratio compared to its average of 13.7 of the past four quarters.
The mean historical PE ratio of World Acceptance over the last ten years is 19.2. The current 8.93 price-to-earnings ratio is 53% less than the historical average. Analyzing the last ten years, WRLD's PE ratio reached its highest point in the Dec 2019 quarter at 135, with a price of $86.4 and an EPS of $0.64. The Sep 2015 quarter saw the lowest point at 2.17, with a price of $26.84 and an EPS of $12.38.
Maximum annual increase: 181.08% in 2018
Maximum annual decrease: -52.24% in 2024
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 10.78 | -52.24% |
| 2023 | 22.57 | 4.49% |
| 2022 | 21.6 | 126.18% |
| 2021 | 9.55 | -35.99% |
| 2020 | 14.92 | -47.26% |
| 2019 | 28.29 | 64.19% |
| 2018 | 17.23 | 181.08% |
| 2017 | 6.13 | 63.47% |
| 2016 | 3.75 | -37.71% |
| 2015 | 6.02 | -21.41% |
The current PE ratio of WRLD is under its 3, 5 and 10-year averages.
When compared to its peer PFSI, WRLD's PE ratio is lower, but it is higher than SLM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SLM SLM Corp | 6.97 | $4.94B |
| WRLD World Acceptance Corp | 8.93 | $702.32M |
| PFSI PennyMac Financial Services Inc | 32.54 | $5.09B |
| FMCC Federal Home Loan Mortgage Corp | N/A | $851.58M |
The price to earnings ratio for WRLD stock as of Jul 26, 2024, stands at 8.93.
The average PE ratio for WRLD stock over the past 3 years is 19.8.
The average PE ratio for WRLD stock over the past 5 years is 25.66.
Over the last ten years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 135.
WRLD's current price to earnings ratio is 53% below its 10-year historical average.
WRLD's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), World Acceptance's share price is $120.16. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $13.45. Therefore, World Acceptance's price to earnings ratio for today is 8.93. PE RATIO(8.93) = STOCK PRICE($120.16) / TTM EPS($13.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.