Credit Acceptance
CACC
#1990
Rank
$5.91 B
Marketcap
$457.80
Share price
-2.32%
Change (1 day)
-25.23%
Change (1 year)

P/E ratio for Credit Acceptance (CACC)

P/E ratio as of October 2022 (TTM): 8.54

According to Credit Acceptance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.53945. At the end of 2021 the company had a P/E ratio of 11.5.

P/E ratio history for Credit Acceptance from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202111.5-20.62%
202014.513.98%
201912.7-1.46%
201812.9-3.49%
201713.40.91%
201613.3-10.96%
201514.931.42%
201411.3-7.28%
201312.24.13%
201211.82.29%
201111.56.55%
201010.822.2%
20098.8343.02%
20086.17

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.