Latest Ratios: P/E Ratio 28.9x · EV/EBITDA 15.2x · ROE 8.8%. (1997–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $924M | $679M | $697M | $850M | $491M | $1.2B | $866M | $434M | $1.1B | $943M | $455M |
| Enterprise Value | $1.6B | $1.3B | $1.2B | $1.4B | $1.2B | $2.0B | $1.3B | $977M | $1.3B | $1.2B | $735M |
| P/E Ratio → | 28.94 | 19.63 | 7.76 | 10.99 | 23.14 | 22.65 | 9.81 | 15.43 | 29.21 | 17.58 | 6.18 |
| P/S Ratio | 1.58 | 1.16 | 1.23 | 1.48 | 0.80 | 2.09 | 1.64 | 0.74 | 1.98 | 1.88 | 0.93 |
| P/B Ratio | 2.85 | 1.93 | 1.59 | 2.00 | 1.28 | 3.27 | 2.14 | 1.05 | 1.95 | 1.74 | 0.99 |
| P/FCF | 0.00 | 0.00 | 2.78 | 3.27 | 1.72 | 4.58 | 4.02 | 1.70 | 4.80 | 4.56 | 2.18 |
| P/OCF | 0.00 | 0.00 | 2.74 | 3.20 | 1.69 | 4.48 | 3.81 | 1.55 | 4.41 | 4.33 | 2.07 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.28 | 2.15 | 2.47 | 1.87 | 3.39 | 2.55 | 1.66 | 2.43 | 2.34 | 1.50 |
| EV / EBITDA | 15.24 | 12.88 | 7.19 | 12.84 | 30.32 | 25.65 | 10.88 | 20.75 | 13.47 | 11.18 | 6.48 |
| EV / EBIT | 16.69 | 14.67 | 7.84 | 14.24 | 42.50 | 30.22 | 12.09 | 27.97 | 14.69 | 12.14 | 6.93 |
| EV / FCF | — | 0.01 | 4.84 | 5.45 | 4.04 | 7.44 | 6.26 | 3.83 | 5.88 | 5.68 | 3.53 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 96.8% | 96.8% | 70.0% | 64.2% | 49.7% | 62.5% | 78.8% | 64.8% | 69.4% | 72.8% | 71.4% |
| Operating Margin | 16.2% | 16.2% | 28.1% | 17.3% | 4.4% | 11.2% | 21.1% | 5.9% | 16.5% | 19.3% | 21.6% |
| Net Profit Margin | 5.9% | 5.9% | 15.9% | 13.5% | 3.4% | 9.2% | 16.7% | 4.8% | 6.8% | 10.7% | 15.0% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.8% | 8.8% | 20.8% | 19.1% | 5.6% | 13.9% | 21.6% | 5.8% | 6.8% | 10.7% | 17.3% |
| ROA | 3.4% | 3.4% | 8.7% | 7.1% | 1.8% | 5.0% | 8.9% | 3.0% | 4.4% | 6.5% | 9.2% |
| ROIC | 7.2% | 7.2% | 12.1% | 7.2% | 1.8% | 4.8% | 8.9% | 3.0% | 8.5% | 9.4% | 10.4% |
| ROCE | 9.6% | 9.6% | 16.3% | 9.6% | 2.4% | 6.3% | 11.8% | 3.9% | 11.1% | 12.3% | 13.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.88 | 1.88 | 1.20 | 1.36 | 1.76 | 2.09 | 1.23 | 1.34 | 0.46 | 0.45 | 0.64 |
| Debt / EBITDA | 6.38 | 6.38 | 3.12 | 5.24 | 17.84 | 10.10 | 4.01 | 11.77 | 2.57 | 2.33 | 2.60 |
| Net Debt / Equity | — | 1.87 | 1.17 | 1.33 | 1.72 | 2.04 | 1.19 | 1.32 | 0.44 | 0.43 | 0.61 |
| Net Debt / EBITDA | 6.33 | 6.33 | 3.06 | 5.13 | 17.41 | 9.85 | 3.88 | 11.52 | 2.48 | 2.21 | 2.47 |
| Debt / FCF | — | 0.00 | 2.06 | 2.18 | 2.32 | 2.86 | 2.23 | 2.12 | 1.08 | 1.12 | 1.34 |
| Interest Coverage | 1.84 | 1.84 | 3.62 | 2.06 | 0.54 | 1.96 | 4.33 | 1.35 | 5.01 | 5.07 | 4.93 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 38.84 | 38.84 | 12.55 | 0.28 | 0.33 | 0.33 | 0.38 | 0.20 | 0.24 | 0.37 | 0.48 |
| Quick Ratio | 38.84 | 38.84 | 12.55 | 0.28 | 0.33 | 0.33 | 0.38 | 0.20 | 0.24 | 0.37 | 0.48 |
| Cash Ratio | 0.23 | 0.23 | 0.15 | 0.22 | 0.33 | 0.33 | 0.38 | 0.20 | 0.24 | 0.37 | 0.48 |
| Asset Turnover | — | 0.56 | 0.56 | 0.54 | 0.55 | 0.48 | 0.55 | 0.57 | 0.64 | 0.60 | 0.61 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.5% | 5.1% | 12.9% | 9.1% | 4.3% | 4.4% | 10.2% | 6.5% | 3.4% | 5.7% | 16.2% |
| FCF Yield | 100.0% | 37641.4% | 35.9% | 30.6% | 58.2% | 21.8% | 24.9% | 58.8% | 20.8% | 21.9% | 45.8% |
| Buyback Yield | 14.3% | 19.5% | 7.8% | 4.3% | 2.9% | 9.1% | 11.8% | 45.5% | 6.9% | 0.5% | 1.1% |
| Total Shareholder Yield | 14.3% | 19.5% | 7.8% | 4.3% | 2.9% | 9.1% | 11.8% | 45.5% | 6.9% | 0.5% | 1.1% |
| Shares Outstanding | — | $5M | $6M | $6M | $6M | $6M | $7M | $8M | $9M | $9M | $9M |
Regulatory and Credit Normalization
According to recent market data, WRLD trades at a trailing P/E of 31.07, a multiple that appears disconnected from the firm's recent earnings instability and suggests investors are pricing in a recovery that may not materialize given the current 15.90 EV/EBITDA ratio relative to peers.
The current valuation implies a growth expectation that contrasts sharply with the stagnant loan portfolio and the recurring negative earnings surprises observed in 2026. Investors should monitor whether this premium is a legacy artifact or a mispricing of the firm's ability to navigate a higher-rate, higher-default environment.
Based on reported financial statements, WRLD's ROIC has trended downward from 4.1% in 2025Q4 to 4.2% in 2026Q4, with significant mid-year dips into negative territory, indicating that the company is struggling to generate returns that exceed its cost of capital in the current credit cycle.
The volatility in ROIC highlights the sensitivity of the branch-based model to credit loss provisions. This decay suggests that the firm's historical ability to compound capital is currently impaired by the combination of rising loan loss provisions and the high fixed-cost burden of its physical footprint.
As reported in recent regulatory filings, WRLD's debt-to-equity ratio has climbed to 1.88 by 2026Q4, a marked increase from 1.20 in 2025Q4, which indicates an increasing reliance on external financing to sustain operations as internal capital generation remains inconsistent and volatile.
The rising leverage profile, coupled with an interest coverage ratio that has fluctuated significantly, suggests that the firm's capacity to absorb further credit shocks is diminishing. This trend warrants investigation into whether management's aggressive share repurchase strategy is sustainable given the narrowing equity cushion.
As noted in industry research, the P/E ratio is a fundamentally flawed metric for WRLD due to the distortive impact of CECL accounting, which forces immediate recognition of lifetime expected losses and renders reported net income a poor proxy for the underlying cash-generating capacity of the business.
Analysts should prioritize Pre-Provision Net Revenue (PPNR) and free cash flow metrics to better assess the firm's operational health. Relying on P/E multiples risks misinterpreting accounting-driven earnings volatility as a permanent impairment of the business model, thereby obscuring the actual cash-flow resilience of the installment lending portfolio.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying WRLD stock.
World Acceptance Corporation's current P/E ratio is 28.9x. The historical average is 12.2x. This places it at the 97th percentile of its historical range.
World Acceptance Corporation's current EV/EBITDA is 15.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.5x.
World Acceptance Corporation's return on equity (ROE) is 8.8%. The historical average is 19.4%.
Based on historical data, World Acceptance Corporation is trading at a P/E of 28.9x. This is at the 97th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
World Acceptance Corporation has 96.8% gross margin and 16.2% operating margin. Operating margin between 10-20% is typical for established companies.
World Acceptance Corporation's Debt/EBITDA ratio is 6.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.