P/E ratio for Copart (CPRT)
P/E ratio as of June 2024 (TTM): 40.6
According to Copart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.5637. At the end of 2022 the company had a P/E ratio of 26.8.
P/E ratio history for Copart from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.8 | -25.68% |
| 2021 | 36.0 | -17.64% |
| 2020 | 43.7 | 45.7% |
| 2019 | 30.0 | 23.12% |
| 2018 | 24.4 | -24.93% |
| 2017 | 32.5 | 101.02% |
| 2016 | 16.2 | -24.77% |
| 2015 | 21.5 | -11.14% |
| 2014 | 24.2 | -7.69% |
| 2013 | 26.2 | 32.22% |
| 2012 | 19.8 | -0.37% |
| 2011 | 19.9 | -2.64% |
| 2010 | 20.4 | -7.48% |
| 2009 | 22.1 | 47.66% |
| 2008 | 14.9 | -44.53% |
| 2007 | 26.9 | 4.13% |
| 2006 | 25.9 | 25.61% |
| 2005 | 20.6 | -24.12% |
| 2004 | 27.1 | 4.61% |
| 2003 | 25.9 | 42.39% |
| 2002 | 18.2 | -57.44% |
| 2001 | 42.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 24.3 | -40.17% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 9.98 | -75.39% | 🇺🇸 USA |
 America's Car-Mart CRMT | 36.1 | -11.02% | 🇺🇸 USA |
 Lithia Motors LAD | 6.68 | -83.52% | 🇺🇸 USA |
 Sonic Automotive
SAH | -44.0 | -208.45% | 🇺🇸 USA |
 Penske Automotive PAG | 8.93 | -77.99% | 🇺🇸 USA |
 OPENLANE Corporate KAR | -10.3 | -125.35% | 🇺🇸 USA |
 Group 1 Automotive GPI | 6.80 | -83.25% | 🇺🇸 USA |
 AutoNation AN | 7.20 | -82.25% | 🇺🇸 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.