P/E ratio for World Acceptance Corporation (WRLD)
P/E ratio as of April 2024 (TTM): 14.6
According to World Acceptance Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6249. At the end of 2022 the company had a P/E ratio of 30.4.
P/E ratio history for World Acceptance Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.4 | 53.78% |
| 2021 | 19.8 | 86.39% |
| 2020 | 10.6 | -44.1% |
| 2019 | 19.0 | -42.1% |
| 2018 | 32.8 | 160.49% |
| 2017 | 12.6 | 57.12% |
| 2016 | 8.02 | 156.34% |
| 2015 | 3.13 | -59.3% |
| 2014 | 7.69 | -20.48% |
| 2013 | 9.66 | -0.06% |
| 2012 | 9.67 | -15.63% |
| 2011 | 11.5 | 18.13% |
| 2010 | 9.70 | 17.31% |
| 2009 | 8.27 | 40.64% |
| 2008 | 5.88 | -38.1% |
| 2007 | 9.50 | -50.43% |
| 2006 | 19.2 | 25.07% |
| 2005 | 15.3 | -6.68% |
| 2004 | 16.4 | 22.18% |
| 2003 | 13.4 | 108.39% |
| 2002 | 6.45 | -16.07% |
| 2001 | 7.68 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Automatic Data Processing ADP | 29.2 | 99.55% | 🇺🇸 USA |
 H&R Block
HRB | 12.7 | -13.38% | 🇺🇸 USA |
 CBIZ CBZ | 32.1 | 119.75% | 🇺🇸 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.