Credit Acceptance
CACC
#2525
Rank
NZ$9.78 B
Marketcap
$808.20
Share price
2.84%
Change (1 day)
12.30%
Change (1 year)

P/E ratio for Credit Acceptance (CACC)

P/E ratio as of November 2024 (TTM): 19.3

According to Credit Acceptance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3101. At the end of 2022 the company had a P/E ratio of 12.1.

P/E ratio history for Credit Acceptance from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.15.14%
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%
20086.17-45.36%
200711.3-39.68%
200618.7127.95%
20058.21-52.23%
200417.2-25.82%
200323.2161.61%
20028.86-41.26%
200115.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-45.29%๐Ÿ‡บ๐Ÿ‡ธ USA

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.